Amid rare bonhomie between the opposition and ruling benches, the Lok Sabha today passed a bill which will pave the way for "unlocking" of nearly Rs 41,000 crore earmarked for forest land which is lying unspent for about four years.
The Compensatory Afforestation Fund (CAF) Bill 2015 will ensure expeditious utilisation of accumulated unspent amounts available with the ad hoc Compensatory Afforestation Fund Management and Planning Authority (CAMPA) which is presently around Rs 41,000 crore.
90 per cent of the amount will go to states and the remaining will be there with the central government.
Environment Minister Prakash Javadekar, while replying to debate on the bill, said it is an important legislation because it unlocks the amount which was lying unused since 2012-13.
As the money is going into the public account, he said now the scrutiny can be done both at the central and state level.
This bill is also important on account of the commitment made by India in the Paris climate meet and to achieve the target of increasing the forest cover to 33 per cent from the current level of about 21-22 per cent.
The House witnessed rare bonhomie over the bill which was highlighted by Javadekar and Parliamentary Affairs Minister M Venkaiah Naidu and appreciated by Speaker Sumitra Mahajan.
Javadekar expressed happiness that all the members, irrespective of party affiliations, supported the bill.
Naidu said he was immensely happy as all the members across party lines participated constructively in the debate.
However, he regretted that much of the media was not present during the debate on such an important issue and hence it would not be highlighted in tomorrow's newspapers.
Sharing his views, Mahajan too said that for the first time, everybody gave good suggestions on the bill.
Members from various parties were seen thumping the desks at this.
