MoEF has cleared 900 projects worth Rs 6.4 lakh cr since May 2014: Javadekar

Says that faster clearances are being provided so that inordinate delays to important projects can be avoided

900 projects worth Rs 6.40 lakh cr since May 2014, says environment minister
Union Information & Broadcast Minister Prakash Javadekar addresses the audience at the 69th WAZA annual conference in New Delhi on November 3, 2014.
BS Reporters Mumbai
Last Updated : Mar 12 2016 | 10:22 PM IST
The BJP-led NDA government in the last 22 months has cleared a record 900 projects with investment worth Rs 6.40 lakh crore. Besides, the government has substantially reduced the number of days taken for providing crucial environment clearance to 190 days from 600 days and it will be shortly further brought down to 100 days, announced the union minister of state for environment, forests and climate change Prakash Javadekar here on Saturday. He was addressing a national convention on sustainable development organized by the United National Global Compact Network.

Javadekar told the gathering that “We will make all efforts to ease of doing responsible business with a focus on sustainable development. The current government stands committed to provide environment conducive for growth and responsible business.

Read more from our special coverage on "PRAKASH JAVADEKAR"



Javadekar said government has taken a number of initiatives whereby the faster environment clearances are provided so the project developer can not become the victim of inordinate delays. ‘’The comprehensive afforestation project is being proposed whereby cutting of a single tree will be replaced by the plantation of larger number of trees. This apart, the budget has proposed providing 50 million LPG connections to below poverty line families. The government has taken a cautious decision to promote renewable energy by adding 175 GW by 2022,’’ he informed.

Further, the minister that the finance minister has proposed coal tax of $6 per ton which is to curb the environment damage. Besides, the government has proposed to shift to Euro VI fuel norms by 2020.

“Although India is not a part of present environment problems but it will certainly be a part of solution and the government’s commitment towards environment is full and final,’’ Javadekar noted.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 12 2016 | 10:13 PM IST

Next Story