Compensatory Afforestation Fund Bill was passed by Rajya Sabha of India in the year-

Correct option is C

The correct answer is (c) 2016.
· The Compensatory Afforestation Fund Bill was passed by the Rajya Sabha in 2016. This bill aimed to regulate the use of funds collected for compensatory afforestation, which is required when forest land is diverted for non-forest purposes. The bill established a framework for utilizing the funds for afforestation and other forest-related activities.
Information Booster:
· Purpose: The bill was designed to ensure that the money collected for afforestation is effectively utilized for the development and conservation of forests.
· Fund Allocation: The bill proposed the establishment of National and State Compensatory Afforestation Funds, into which the collected funds would be deposited and managed.
· Afforestation Efforts: The funds are meant to be used for activities such as afforestation, wildlife protection, and infrastructure development for forest conservation.
· Environmental Impact: The Compensatory Afforestation Fund is critical for balancing the loss of forest cover due to industrial and infrastructure projects, ensuring sustainable development and environmental conservation.