Banking service chronicle published this article page no this article can be seen in the magazine to allow the states to permit non-forest use of such lands. misuse of provisions by mining companies delete 2(iii) of the act which allows for assignment of lease which requires detailed examination of the proposal and payment of other compensatory levies such as ca in addition to npv. 2 (ii) which allows for use of forest land for non-forestry purpose by paying only npv can be invoked for any kind of lease assignment having an intention of using for non-forestry purpose. Banking service chronicle magazine new drilling technologies new environmentally friendly technologies which enables exploration or extraction of oil & natural gas deep beneath without impacting the forest soil or aquifer to be kept outside the purview of act. private land covered under definition of forests allow owners of private lands coming under definition of forest for construction of structures and residential unit up to an area of 250 sq mtr as one time relaxation. activities related to conservation of forests and wildlife activities like establishment of zoos safaris forest training infrastructures etc. to be excluded from "non-forestry activity" as activities which are ancillary to conservation of forests and wildlife. imposition of compensatory levies double imposition of any levy should be removed. penal provisions Banking service chronicle magazine subscription
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