FE@CAMPUS MASTERMIND:Response by Abhishek Kumar Singh to question for Jan 14-20
Although there is a mandated time frame for each clearance, delays occur because of unsatisfactory administrative arrangements in place to support the procedure for granting or refusing clearances. A tug-of-war is going between different ministries, especially Finance Ministry and Ministry of Environment wherein recently MOF proposed for a setup of National Investment Board in order to administer a speedy process of granting environmental licenses. Recently in a welcome step, The environment ministry has simplified the procedures for granting clearances to special economic zones as it seeks to shed the anti-industry image. Not to forget,the environment ministry is seen by industry as a big hurdle in project execution as many large investment proposals have been blocked because of issues with the ministry. For example, coal ministry has repeatedly complained that environmental clearances were a big hurdle
Be the first to comment.