Which of the following statement(s) is/are correct about the ‘Compensatory Afforestation Fund Act, 2016’?
1. According to the Act’s provision, a company diverting forest land must provide alternative land (or resources) to take up compensatory afforestation.
2. The act provides for establishment of national, state and district level afforestation funds to route the resources for compensatory afforestation.
3. The amount transferred to National Compensatory Afforestation Fund is transferred to the Public Account of India.
Select the correct codes from below -