FORESTRY
FOREST MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What are some Economic values of Forests?
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timber for lumber
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medicinal plants
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increasing biodiversity
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source of food
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purifying water
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Explanation:
Detailed explanation-1: -Forests provide wood, timber, raw materials, vegetables, and fruits, which have significant economic value.
Detailed explanation-2: -Forest Economics: According to an expert panel report set up by the Ministry of Environment, forest and climate change(MoEF&CC): India’s forest resources are valued at an estimated $1.7 trillion. The Net Present Value (NPV) is also pegged between rupees 9-55 lakh per hectare.
Detailed explanation-3: -Some goods provided by forests are food, biomass, pulp and paper, rayon, fibers, lac, wooden articles and medicine plants.
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