Financial Daily from THE HINDU group of publications
Wednesday, Jun 30, 2004
Financial Daily from THE HINDU group of publications Wednesday, Jun 30, 2004 |
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Industry & Economy
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Environment EIC gets 6 months more Our Bureau
New Delhi , June 29 THE Ministry of Environment and Forests (MoEF) has decided to extend support for its Environmental Information Centre (EIC) initiative by another six months. This was disclosed by the MoEF Secretary, Dr Prodipto Ghosh, at a workshop. organised here. The EIC initiative, a pilot project set up by MoEF two years ago, as a professionally managed clearinghouse of environmental information, was supposed to end on June 30. EIC is managed by IL&FS-promoted Ecosmart India Ltd. Six months down the line, the stakeholders propose to spin-off EIC as an independent entity operating under a public-private partnership format. "EIC will have a management consultant, who will not do Environmental Impact Assessment (EIA) studies for companies to avoid conflict of interest," said Ecosmart's CEO, Mr Mahesh Babu. Many industries, including infrastructure, mining, oil and gas, and steel are required to get an environmental clearance from the Government before starting projects that need environmental data. The Government will step up support to EIC. The Ministry of Environment will ask Government departments to share data with EIC - not recalling the hardware and software support that it had put in initially, and invest back the revenue earned by EIC into projects. The Government has invested around Rs 3 crore in the initiative. EIC, meanwhile, has collected revenue worth Rs 20 lakh during the last one year, most of which came in during the last six months, said an EIC official. EIC aims to provide environmental information in a timely and cost effective manner to improve decision-making. EIC collects environmental data from various sources including governmental agencies such as the Central Pollution Control Board, the National Remote Sensing Agency, and other literature available with various Government departments.
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