Rate of Interest on State Compensatory Afforestation Fund, 2020-21

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.

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

No. 322-FB dated 19.08.2021, Source

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