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Financing of Wastelands Afforestation in India

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dc.contributor.author Balooni, Kulbhushan
dc.contributor.author Singh, Katar*
dc.date.accessioned 2015-04-21T10:49:46Z
dc.date.available 2015-04-21T10:49:46Z
dc.date.issued 2003
dc.identifier.uri http://hdl.handle.net/2259/365
dc.description * External Author Natural Resources Forum 27 (2003) 235-246. en_US
dc.description.abstract India has vast tracts of wastelands, which have been lying barren for ages. Most such lands are physically suitable for growing trees and thus could be put to socially productive uses. However although economically viable afforestation requires massive initial investment, generally beyond the means of the landowers. Also government budgetary allocations do not cover current needs. In this situation , institutional credit is required. The National Bank for Agriculture and Rural Development (NABARD) of India has recognized this need and has devised a number of different schemes to provide refinance facilities to individuals and organizations. Although the number of forestry schemes refinanced by NABARD has increased rapidly in the past, they currently constitute only about 1% of the total number of loans sactioned and only about 2% of NABARD's cumulative loan disbursement to date. In fact, since 1992, the share of afforestation schemes has declined. A number of factors have been identifi... en_US
dc.language.iso en en_US
dc.publisher Natural Resouces Forum en_US
dc.subject Afforestation en_US
dc.subject Institutional Financing en_US
dc.subject Tree Growers en_US
dc.subject Wastelands en_US
dc.subject Rural Development en_US
dc.subject Refinancing en_US
dc.title Financing of Wastelands Afforestation in India en_US
dc.type Article en_US

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