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Poor record keeping causes huge losses to Forest Deptt 5/13/2016 11:23:24 PM Arun Singh Early Times Report Jammu, May 13: Failure of Forest Department to maintain records of timber stock with State Forest Corporation (SFC) has caused huge loses to the tune of crores of rupees to the Department. Sources told Early Times that Forest Department allocates a marked volume of timber to State Forest Corporation for its extraction to meet the demands of public but absence of defined mechanism to keep proper record for monitoring of volume of timber extracted and sold by SFC has caused huge loss to the Department. "Shockingly neither the records depicting year-wise stock received, amount payable, acknowledgement of stocks etc., were maintained by the Territorial Divisions of Forest Department nor any reconciliation of the stocks received or the amounts payable on this account had been carried out with State Forest Corporation and as a result the system of non-maintenance of records is fraught with the risk of misappropriation/ embezzlement," they alleged. Moreover, an amount of Rs 11.73 crore was also outstanding as arrears of land revenue against 307 private contractors/ lessees in these Territorial Divisions for over a period of three decades, who till then used to be assigned the task of forests exploitation. Pertinently, State Forest Corporation is a State owned PSU under the Administrative Control of the Forest Department. The Forest Department (FD) through its Territorial Divisions hands over marked volume of timber to SFC for its extraction and sale, for which Royalty is paid by the SFC to the FD. A part of extracted timber is supplied by SFC to various Timber Sale Depots (TSDs) of FD for catering to local demand. Thus, a proper arrangement of accounting for payment of royalty by the SFC to the Department and payment of sale proceeds of timber by TDs to SFC should be in place.   Share This News with Your Friends on Social Network     Comment on this Story

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