News & Updates
Performance of The WBFDCL During 2011-12 : At a Glance
- THE WBFDCL succeeded in maintaining its reputation of being a profit-making enterprise since its inception. It started the financial year with a projected loss of Rs. 5.39 Cr (BE for 2011-12) but ended up with a profit (after tax) of Rs. 1.86 Cr (FE for 2011-12). This turn around was made possible by fetching better auction prices for timber in South Bengal, disposal of old timber stocks of Kalimpong Division (after the improvement in the political climate in the Darjeeling Hills), and by observing strict cost-cutting measures.
- The WBFDCL conducted auctions / tenders of timber in North and South Bengal with a gross sale value of Rs. 106.61 Cr (as against Rs. 83.90 Cr during 2010-11).
- The WBFDCL paid a royalty of Rs. 49.48 Cr to the Forest Directorate (as against Rs. 45.30 Cr during 2010-11).
- The Darjeeling-Rangit Valley Ropeway (closed since the accident on 19.10.2003) has been revived on 2.2.2012.
- The WBFDCL, for the first time, declared support price for 10 Non-Timber Forest Products (NTFP) of wild origin (viz. Kalmegh, Gurmar, Aswagandha, Tulsi, Amlaki, Haritaki, Bahera, Maha Bhringraj, Neem and Bel) for Paschim Medinipur and Bankura districts of South Bengal for the year 2011-12.
- The trademark 'Banaja' for the products of the NTFP Division has been registered (Registrar of Trademark's Cert. No.1024752 dated 9.11.11).
- A Quality Control Laboratory for testing the herbal products manufactured by the NTFP Division has been set up at Taipu (near Bagdogra) in North Bengal.
- Four new herbal products, viz. Trikatu Churna, Neem Oil, Arjun Tea and Ayurvedic Shampoo were launched in the market during the year. Two new derivatives of citronella oil, viz. phenyl and hand-wash, have been introduced in the market on trial basis.
- A new retail sale center for the NTFP products was opened at Mathabhanga (Coochbehar district). Four retail sale centers for sawn timber were revived in various locations in Darjeeling district.
- 135 ha of pulpwood species, 130 ha of citronella grass and 10 ha of turmeric have been raised by the WBFDCL during the year. Experimental plantation of citronella grass over 6.5 ha was taken up in South Bengal.
- An MoU was signed with Chamurchi Tea Estate (North Bengal) for cultivation of citronella grass and production of citronella oil in the blank land within the tea estate.
- The WBFDCL made its maiden entry in the field of lac cultivation in Purulia district by initiating work on 6 Brood-Lac Farms with financial support of Rs.19 Lakh from the Paschim Anchal Unnayan Parishad.
- The WBFDCL increased the capacity of its eco-tourism resorts in North Bengal by permanent addition of 12 beds and temporary addition of 34 beds (17 luxary tents inclusive of 9 tents procured last year).
- The WBFDCL actively participated in some major events like International Herbal Fair (Bhopal, Dec' 11), Bengal Leads (Kolkata, Jan'12) and Uttar Banga Utsav (Siliguri, Feb'12) for highlighting its activities and for promotion of its products and eco-tourism resorts. All the stalls put up by the WBFDCL were highly appreciated by the visitors.
- All the statutory obligations, such as holding of the meetings of the Board of Directors and the Annual General Meeting of the Share-holders; submission of the Annual Report (2010-11) to the Assembly and Parliament, conducting internal and statutory audits, payment of dividends to the State and the Central Governments, etc. were complied with on time.
West Bengal Forest Development Corporation Limited
KB19 Sector-III, Salt Lake, Kolkata - 700098
Ph No. : 033 23350064 / 033 23358320
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