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Q. Discuss the economic impact of Coronavirus in different sectors of the globalised world. Critically analyse India’s situation and suggest few measures to address this challenge. Viewpoints: Explain impacts of Covid-19 on various sectors High...

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(@khushhal38)
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Q. Discuss the economic impact of Coronavirus in different sectors of the globalised world. Critically analyse India’s situation and suggest few measures to address this challenge.

 

Viewpoints:

  • Explain impacts of Covid-19 on various sectors  

  • Highlight challenges in giving boost to economy  

  • Suggest measures to address those challenges 

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(@anoop39)
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Joined: 2 months ago

Model: Environment Impact Assessment is a process of evaluating the impacts and consequences of various projects, development and activities- on the environment. It takes into consideration social, environmental and economic impacts.

The EIA regime began in India with 1994 promulgation by the Ministry of Environment  and finally, got notified in 2006 under EPA, 1986.

 

EIA has been successful in bringing the low cost environmental compliance and public affiliation for various development projects and leading us towards the path of sustainable development. For eg. MoEFCC has brought out several notifications restricting the development of industries in specified ecologically sensitive areas.

But, EIA process in India is suffering from many drawbacks, like:

  • Inadequate capacity of Expert Appraisal committees and IAAs

  • Deficiency in screening and scoping

  • Poor quality EIA reports

  • Inadequate public participation

  • Weak post-approval tracking or monitoring of the project

Above failures of EIA justify the need for creation of an independent authority that can regulate the regime of green clearance in an objective and transparent manner. Supreme Court has also directed for creation of such a body in Lafarge mining case that can perform the functions like:

  • To give green clearances for various development projects

  • Post-approval monitoring of compliance conditions

  • Penalising for violations

Such a body would bring expertise and capacity development, making environmental clearances more credible. Not only would such a regulator would reduce cost of compliance to project developers, but can also provide single-window clearance, reducing the issue of multiplicity.

This would improve the overall march of India’s development towards sustainability and inclusiveness.

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