Pvt sector to increase forest cover | india | Hindustan Times
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Pvt sector to increase forest cover

Govt is working on inviting pvt sector participation to achieve 33% forest cover by 2012.

india Updated: Jun 06, 2006 15:41 IST

Government is working on inviting private sector participation to achieve 33 per cent forest cover by 2012 and the Environment and Forests Ministry is preparing a Memorandum of Understanding for the purpose.

"We are preparing an MoU for operationalising multi-stakeholder partnership framework, providing for private sector investment in the field of restoration of degraded forests areas... We aim at achieving 33 per cent green cover by 2012," Union Minister for Environment and Forests A Raja said at the World Environment Day on Monday.

A large share of increase in forest and tree cover has to come from the non-forests areas that largely lies in arid and semi-arid regions, he said adding private participation is necessitated from the fact that government does not enough resources to achieve the target within the deadline.

The MoU would help private investment by deciding on the benefit sharing issues between the land-owner and the private entities that would invest in expanding green cover, he said at a CII-organised seminar on 'Corporate Responsibility in Environmental Protection.'

Government is also considering setting up a National Rainfed Area Authority for an expertise-backed and well coordinated delivery system to people residing in arid and semi-arid areas.

Speaking on the occasion, Secretary in the Ministry Pradipto Ghosh said the draft would be sent to the Union Cabinet in two-three weeks time. "We are more or less through with the draft," he said.

The Secretary said efforts to expand forest cover would depend on the nature of degraded land.