FE@CAMPUS MASTERMIND: Response by Ragini Bhargava to question for Jan 14-20

Fe at campus

Environment clearance is a permission granted by the government to the company before starting up of any project. It is management tool for ensuring the optimal use of natural resources for sustainable development. Environmental Management or planning is the study of the unintended consequences of a project. Its purpose is to identify, examine, assess and evaluate the likely and probable impacts of a proposed project on the environment and, thereby, to work out remedial action plans to minimize adverse impact on the environment.

But only getting an environmental clearance dosen't give you the permission to start a business in India. There are number of factors to be considered before commencing a business in India. The issues concerned like:

*Dealing with Construction Permits

*Getting Electricity

*Registering Property

*Getting Credit

*Protecting Investors

*Paying Taxes

*Enforcing contracts

*Trading across borders

And many other issues have to be addressed thus saying that only the environmental clearance issues would bring in investment into India would be not appropriate.

Ragini Bhargava

bhargavaragini2@gmail.com

PGDM

SIES College of Management

(This entry is part of our FE MASTERMIND contest. The views expressed in this article are personal and not that of the newspaper.)

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on indianexpress.com are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, indianexpress.com reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.