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The National Agriculture Commission (NAC) recommended establishment of Forest Development Corporations in each State to accelerate progress and development of forestry sector. Gujarat State Forest Development Corporation Limited ( GSFDC ) was established in August 1976 and registered under the Companies Act 1956.

In 1979 the Minor Forest Produce (MFP) trade came to be nationalized in Gujarat . The Corporation was entrusted with the task of its execution. This meant translating on the ground the State Policy of protecting economic interest of STs, SCs and other weaker sections, while justifying its corporate status. This corporation gets no grants and budgetary support from the Government.

Do You Know ?
Corporation has completed 30 years of its existence in the service of the tribal. Besides MFP, it has since expanded into Ayurved, Plantations Woodworking, and recently the Wood-charcoal.

From its initial authorized Share Capital of Rs.100 lakhs, the present authorized Share Capital of the Corporation is Rs. 700 lakhs. Its paid-up Share Capital is Rs. 631.65 lakhs of which the state's contribution is 62% and the balance 38% is the Government of India's contribution.

Main Objectives of this Corporation are
To undertake commercially viable and ecologically sustainable forest based enterprises.
To eliminate exploitation from private trade of forest dwellers in general and the tribal in particular, who derive sustenance through collection of Minor & other Forest Produce (MFP).

To maximize benefit percolation from such trade to the tribal.


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