Audit of compensatory afforestation fund likely
Environmentalists press for clearer picture of fund disbursals as forest cover shrinks
The Comptroller and Auditor General (CAG) may soon audit the fund deposited for compensatory afforestation, which has a corpus of about Rs 25,000 crore. Environment minister Jayanthi Natarajan said the CAG could audit the fund if it wanted to do so. “I have written to him (CAG Vinod Rai) in response to his letter, where he said CAG could audit the fund if the government shifts the money being kept in various nationalised banks to the Public Accounts of India,” she said