Forestry and Wasteland development as a sector plays a vital role in the socio-economic and rural development of a country apart from its role in maintaining ecological stability.

NABARD is playing a catalytic role in preparation of Model Bankable Schemes, extending loans to State Governments for financing Joint Forest Management schemes under Rural Infrastructure Development Fund (RIDF), etc., refinance support to all bankable wasteland development programmes to accelerate credit through banking channels to the joint sector undertakings or private companies raising plantations for their raw material needs, and also cooperatives or private entrepreneurs raising such plantations to meet raw material needs of user industries with appropriate market tie up. The following are some of the activities having good potential;

Farm Forestry

This involves afforestation activities on farm lands/ bunds/ boundaries of agricultural land/ wastelands lying barren and unutilised for many years.

Agro-forestry

This is basically combining food crops (annual) with tree crops (perennials) and/ or livestock in the same unit of land, either alternately or at the same time. The suitable species of trees that can be raised on such lands are Poplar, Subabul, Casuarina, Kadam, Eucalyptus, Bamboo, and Sissoo, etc.

Commercial Forestry

This involves raising plantations by Forest Development Corporations, User Industries, and Public Sector Units on government wastelands, degraded forests, private wastelands, etc.

Commercial Nurseries

This involves setting up of small but viable nurseries for raising seedlings of trees of economic value.

Wasteland Development

This involves growing appropriate species of trees of economic value on degraded land that has been unutilized/ underutilized. The primary objective is to raise tree crops on wastelands for firewood, fodder, timber and other non-timber forest produce. Commercial Forestry/ Captive Fuel wood Plantations by Tea estates/ Pulpwood Plantations/ Ply-wood Plantations/Fodder development/Sisal Plantations/Tassar - Lac cultivation /Tree patta schemes/ Jhumland Rehabilitation/Nursery Development/Bamboo Plantations etc. Wastelands can also be developed on watershed basis.

	Nabcons has successfully handled wasteland development consultancy projects in Rajasthan and Tamil Nadu.

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