The government plans to make projects such as power plants, mines and oil and gas exploration ventures and expansion initiatives subject to checks by independent auditors to ensure they are complying with environmental conditions and prevent the kind of public protests that erupted in Tamil Nadu over the Vedanta group’s copper unit earlier this year.
The government-approved auditors will conduct randomised, third-party compliance monitoring of environment clearance conditions, according to a draft notification of environment ministry.
This will be effected by the environment ministry introducing a new rule in Environment Impact Assessment Notification of 2006, which will allow it to empanel agencies for carrying out such studies.
“Notwithstanding the above provisions, the ministry will empanel government institutions of national repute for carrying out compliance monitoring of environment clearance conditions of projects and activities,” Read More
Latest posts by The Economic Times (see all)
- India presses OPEC for responsible pricing of oil - October 17, 2018
- ArcelorMittal Ready To Clear Uttam Galva, KSS Petron Debt For Essar Steel Bid - October 17, 2018
- OPEC, Allies Yet To Hike Output By One Million Barrels Per Day: Oil Minister - October 17, 2018