Why Madhya Pradesh is thinking 'private' forests
3 weeks, 3 days ago

Why Madhya Pradesh is thinking 'private' forests

India Today  

Is Madhya Pradesh planning to hand out its forests to private investors? Placed for comments in the public domain by the state forest department ahead of the February 24-25 investor summit in Bhopal, it proposes to allow private investment for ‘restoration of forest lands’—offering the investor the right to sell minor forest produce and earn carbon credits. Hence this policy, which has two parts: to get private investment in forestry, and to get corporates to support forest restoration through their Corporate Social Responsibility and Corporate Environment Responsibility budgets. The investor would have the right to sell half the minor forest produce, like tendu leaves, mahua and chironji; the MPFDC would get 30 per cent and 20 per cent would be left for the local communities. The investor, who will get green credits for afforestation as per the Forest Amendment Act 2023, would also have the first right to buy the MFP allocated to the MPFDC.

History of this topic

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