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Friday, February 5, 2021

Economic Assessment: For the first time, the Supreme Court has decided that the cost of a tree for 1 year is Rs. 74 thousand 500, this is a 950 year old tree of Vadodara worth 10 crores

Economic Assessment: For the first time, the Supreme Court has decided that the cost of a tree for 1 year is Rs. 74 thousand 500, this is a 950 year old tree of Vadodara worth 10 crores



Ganpatpura village, 6 km from Bhayali and Padra near Vadodara, is probably the largest 950-year-old tree of Gujarat's Baobab in Gujarat. A tree trunk with 200 feet of roots and a circumference of 80 feet stores 50,000 liters of water.

A 100-year-old heritage tree can cost more than a million

An expert committee appointed by the Supreme Court has submitted a report on the evaluation of the trees. According to the findings of this committee, the annual economic value of a tree is Rs. May be 74,500. That is, the age of the tree is Rs. Its value should be determined by multiplying by 74,500. For the first time in the country, trees have been economically evaluated. Ganpatpura village, 6 km from Bhayali and Padra near Vadodara, is probably the largest 950-year-old tree of Gujarat's Baobab in Gujarat. The scientific name of this tree is Andesonia digitata. The value of this tree is more than 100 million.

The committee's report said a 100-year-old heritage tree cost Rs. Can be more than a crore. Chief Justice S.A. A bench headed by Bobde asked the committee members to determine the economic value of the trees in January 2020. This value may depend on the cost of oxygen provided by the trees and other benefits.

The bench comprised Chief Justice A.S. Bopanna and V. Ramasubramaniam was also involved. He has evaluated them not only on the basis of the wood of the trees, but also in view of the positive impact of the trees on the environment.

The math of the value of a year’s tree

The West Bengal Railway had sought permission to cut down 356 trees, including a heritage tree, to build the overbridge. On this issue, the committee said that the cost of these trees was Rs. 2.2 billion, which is even more than the value of the project.

ગુજરાતીમાં વાંચવા અહીં ક્લિક કરો.

  • The age of the tree is Rs. Its value should be determined by multiplying by 74,500.
  • The value of a 100 year old heritage tree is more than one crore rupees, the older the tree the more its value increases
  • Oxygen: Rs. 45,000
  • Price of Fertilizer: Rs. 20,000
  • Price of wood: Rs. 10,000
  • Total cost: Rs. 74,500

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