KATHMANDU: Preparations to establish the ‘Forest Development Fund’ for the protection and promotion of forest area is underway.
The government is working on establishing the Fund following the endorsement of the ‘The National Forest Policy, 2075’ by the cabinet recently.
The police incorporates the provision of setting up the Fund under which the government will not have mandatory responsibility for the conservation and other promotional programs regarding the forest area.
Ministry Spokesperson Dr Sindhu Prasad Dhungana informed that the budget to be obtained from the development projects related to the forest area will be deposited to the Fund, which will be spent for conservation efforts.
The Ministry is currently planning to develop the working procedure for the operation of the Fund.
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