Rate of Interest on State Compensatory Afforestation Fund, 2020-21
Update: Modified Rate of interest on State Compensatory Afforestation Fund
GOVERNMENT OF WEST BENGAL
FINANCE DEPARTMENT
Budget Branch
NABANNA, Howrah-711102
No.: 322-FB Dated, Howrah, the 19th August, 2021
NOTIFICATION
Governor has been pleased to decide that the rate of interest on ‘State Compensatory Afforestation Fund [SCAF]’ will be 5.5% per annum and 3.5% per annum for the financial year 2019-20 and 2020-21 respectively, as notified by the National Authority, Ministry of Environment, Forest and Climate Change, Govt. of India vide No. 4-58/2019-NAPt.2 dated 16.03.2021.
By Order of the Governor,
Sd/- M. Pant
Principal Secretary to the
Government of West Bengal