Recommendations to 15th Finance Commission of India for Enriching Current Tax Devolution Formula for Increased Allocations of Funds towards Forest, Environment & Climate Change

Overview

Project Duration – Aug 2018- Jan 2020

In continuation to our collaborative study with Indian Institute of Forest Management (IIFM) and Forest Survey of India (FSI) on High Conservation Value Forest (HCVF) for the 14th Finance Commission in 2014, IORA developed a set of recommendations for the 15th Finance Commission. We recommended performance-based pollution abatement grants, along with grants-in-aid for meeting NDC commitments and restoration of forest ecosystems. We further advocated for maintenance of the current weightage of forest cover in the main devolution formula.