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Government fast-tracked strategies planning to woo Foreign Investments – Here’s what acceptable and what’s not

It will make it easier for such industries to get clearance easily as public consultation will be diluted from the process and the monitoring will be done by third party institutions supplying the investors a route to game the system and use corruption to get their own way.

A CAG report of 2016 suggested that monitoring by Third Party Institutions has several inadequacies. How can we have faith in their credibility and be assured that they will be reliable? The new draft also intends to extend the period from 6 months to a year required for submitting compliance reports.

And the promoter will be given discretionary power to file the documents themselves required for making environmental assessment which the promoters can misuse to hide and under-report several repercussions of the project on the environment as they are known to only care about their businesses and profit and not about the lives of public and their environment.

राज्‍यों से जुड़ी हर खबर और देश-दुनिया की ताजा खबरें पढ़ने के लिए नार्थ इंडिया स्टेट्समैन से जुड़े। साथ ही लेटेस्‍ट हि‍न्‍दी खबर से जुड़ी जानकारी के लि‍ये हमारा ऐप को डाउनलोड करें।
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