cover image: Fiscal Transfers for Forest Cover - Aligning National and Subnational Objectives in a Federal Setting T

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Fiscal Transfers for Forest Cover - Aligning National and Subnational Objectives in a Federal Setting T

31 Dec 2021

These are pre- the municipalities in proportion to the share of the municipal paratory to the examination in the subsequent section of the territory designated as protected areas (May et al 2012, 2002). [...] given its particular form because the function is calibrated to the share of total (fi xed) geographical area of the state which is forested—as this share increases, the opportunity cost of the ∆G = G – G alternative commercial uses to which the land could be put i i,t+1 i,t represents the change/increase in the grant from the perspective of the state’s need to generate growth going to the ith sta. [...] It is clear from the scatter that the states to the extreme enacted the Forest (Conservation) Act, 1980 restricting the right on the horizontal axis, with a high percentage of forest to use of forest land for non-forest purposes by states.6 It became total land area, have experienced a loss of forest cover (nega- mandatory for states to seek approval from the union govern- tive change over the per. [...] States to the right of the opti- from the general revenues of the union or state governments mum on the horizontal axis will reduce forest cover because of and is to be managed by a Compensatory Afforestation Fund the high opportunity cost of land under forest in terms of com- Management and Planning Authority (CAMPA). [...] The Thirteenth Finance Figure 4 shows a scatter of the percent unspent CAMPA Commission recommended a grant of `50 billion for its award funds released from the ad hoc CAMPA between 2009 and period 2010–15, which was calibrated to (i) the share of the 2012 on the vertical axis and the percent forested of states’ national forested area falling in a state, (ii) the economic geographical area on the.

Authors

DELL

Pages
8
Published in
India