Q. With reference to the Compensatory Afforestation Fund Act, 2016, consider the following statements:
1.The Act formalised the structure and functioning of the Compensatory Afforestation Fund Management and Planning Authority (CAMPA).
2.It established the National Compensatory Afforestation Fund (NCAF) and State Compensatory Afforestation Funds (SCAFs) under the Public Accounts of India and the States respectively.
3.The Act mandates that 90% of the funds go to the National Fund and 10% to the State Funds.
Which of the statements given above is/are correct?
Answer: A
Notes:
Explanation:
- Statement 1 is correct — The Act formalised CAMPA’s structure and functioning.
- Statement 2 is correct — It established NCAF under the Public Account of India and SCAFs under the Public Accounts of States.
- Statement 3 is incorrect — The National Fund receives 10% of the funds, while the State Funds receive 90%.
Source- TH
