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    Revenue remittance – logging activities

    The Government of Haryana and Forest Department has earmarked some of the Forest Department areas to the Company for the purpose of felling of trees as per approved working plans upto 30.06.2018 and after 01.07.2018 the Company is doing felling of trees as per approved working plan of all areas of the Forest Department. The Company pays price of such trees to the Forest Department as Revenue remittance – logging activities. The Company also pays purchase price of trees of different species to the farmers, institutions and individuals as determined by the Standing Committee comprised by the Board of Directors. In case of dead and dry trees, the Company pays 65% of the actual purchase price of trees as determined by the Forest Department. The Revenue remittance – logging activities paid to the Forest Department since 2000-01 to 2020-21 is given below in the table. The Company has booked Rs. 2389 lakh to the Forest Department as Revenue remittance – logging activities during the year 2020-21.

    Revenue remittance – logging activities (Rs. in Lakh) Forest Department/Other by the Company since 2000-01 to 2020-21 are given as under :
    Year Revenue remittance – logging activities(Rs. In Lac)
    2000-01 846
    2001-02 600
    2002-03 483
    2003-04 527
    2004-05 418
    2005-06 486
    2006-07 583
    2007-08 566
    2008-09 943
    2009-10 968
    2010-11 560
    2011-12 464
    2012-13 876
    2013-14 1327
    2014-15 1219
    2015-16 1697
    2016-17 571
    2017-18 430
    2018-19 1674
    2019-20 1854
    2020-21 2389