EIA Draft 2020: An overview

Cover EIA Draft

The EIA 2020 draft notification was published by the Ministry of Environment, Forest and Climate Change (MoEF&CC), intending to replace the existing Environmental Impact Assessment Notification, 2006 under the Environment (Protection) Act, 1986. Ever since it was published, the draft was subjected to criticism and debate over its departure from existing regulations. Here is an overview.

What is EIA?

Environmental Impact Assessment (EIA) is a decision-making tool based on the study of the effects and impact of a particular proposed project on the environment. The EIA compares various alternatives available for a project, to identify the best option in terms of both financial and environmental costs, while ensuring they meet the desired objectives of the project.

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Negative oil price: What it means for you and me.

Negative Oil Price

On Monday, 20th April 2020, something very weird happened. For the first time in history, US oil price nose dived into negative territory. Of all the unprecedented news coming from capital markets, bond markets, central banks, economic outlooks, due to the Corona virus, this one has to be the craziest (yet?)

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SBI Cards IPO: A Complete Overview


After stellar gains from the likes of D-Mart and IRCTC, markets seem to be excited again for another much awaited Initial Public Offering from a well-renowned subsidiary of State Bank of India: SBI Cards and Payment Services.

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Learnings from E-Summit, NICMAR-Pune

E Summit

National Institute of Construction Management and Research (NICMAR), Pune conducted its first ever E-Summit as part of its annual techno-cultural fest Technikala. The event conducted in association with NICMAR Startup Club saw huge participation from students and by eminent personalities from the construction industry with a taste for entrepreneurship.

Theme: Capitalizing on demographic dividends: Entrepreneurship and the way forward.

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Union Budget Analysis: A personal take

It’s been around a week since the honourable Finance Minister Smt. Nirmala Sitharaman presented her 2nd full Union Budget of India. The Union Budget comes at a time when the nation is under the grip of a severe economic slowdown with the GDP growth rates at 4.5% for Q2 2019-20. With the growth rate lowest in over 6 years and falling continuously for 7 quarters now on the back of declining demand, expectations were definitely high for some much needed corrective measures to bring the economy back on track.

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