53% hike in NPV for the transfer of forest land – News2IN
Nagpur

53% hike in NPV for the transfer of forest land

53% hike in NPV for the transfer of forest land
Written by news2in

Nagpur: agents that target the transfer of forest land for various projects must issue 53% more towards netum net (NPV) in lieu of land transferred under the forest conservation law (FCA), 1980.
Rates have been revised on direction.
Of the Supreme Court’s order issued 13 years ago on March 28, 2008.
MoeFCC issued orders about the revision of NPV tariffs to all countries on January 6, 2022.
“NPV will be among Rs10 to RS15.95.
69 lakh per hectare depends on the forest environment .
previously, the NPV for all classes of land is between Rs10,43 lakh per hectare to Rs6.99 lakh hectares.
in the case of national parks and wildlife reserves, the NPV will be charged on the extent paid 10 times the normal value, “said forest resources.
Based on the recommendation of the Apex Court Center Empowerment Committee (CEC), the new NPV level came into effect.
The forest has been divided into six classes (i-vi) with three very solid, solid, and open forests.
To calculate the average NPV per hectare, CEC considers the monetary value of eight types of goods and services provided by the forest.
These goods and services include wood and fuel, feed, environmental tourism, bio-prospecting, ecological services, flagship species, and carbon absorption.
In accordance with the direction of Moefcc now, the NPV will be charged as far as ten times paid normal NPV in the case of national parks and five times in the Cuduaries case.
The use of non-forest land that falls in national parks and wildlife reserves can be permitted to pay the same amount as NPV debt for a side by side.
In connection with non-forest land that falls in the marine national park and wildlife reserve, the number must be paid by NPVs for a side by side.
Full NPV exceptions will be provided for the transfer of forest land 1 hectares for public utility proposals such as schools, playgrounds, hospitals, children’s playgrounds, community centers, overhead tanks, village tanks, underground drinking water, irrigation and natural gas (PNG) ), Pipes up to a diameter of 4 inches, electricity distribution lines up to 22kv in rural areas.
However, this exception will be subject to conditions that will not be involved by the logging of trees and these projects must be non-commercial under the government scheme and have to fall outside the national park and places of sucquaries.
In addition, exceptions will be permitted for village relocation from protected areas.
To put down the underground optical fiber cable, the full exception will be permitted as long as there is no logging of trees and the area falls outside the national park and holy places.
The new regime will also burden 50% NPV for the wind and 25MW hydroelectric projects provided minimal tree logging involved, regardless of the environment where the project is located.
The Field Shooting Range (FFR) of the Ministry of Defense does not involve tree logging and there is no possibility of forest destruction to be charged 20% NPV.

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