🚨EXCLUSIVE🚨

Official documents show the Modi Govt did a u-turn on its own Corporate Environment Responsibility guidelines citing a real estate lobby group's petition in court.

What are the implications?

Highlights in thread, full details in 👇report https://bit.ly/31jLzxg 
The Corporate Environment Responsibility guidelines, issued in May 2018, said companies must pay a maximum of between 0.25% and 2% of their capital investment for CER activities. This was applicable for firms in all sectors, including real estate. https://bit.ly/31jLzxg 
But on 30 Sep 2020, the MoEF quietly did a u-turn and scrapped the 2018 Corporate Environment Responsibility guidelines by issuing a new set of norms that essentially gives the real estate lobby what it wants. The ministry has contradicted itself. https://bit.ly/31jLzxg 
The new norms, said retired IFS & Convenor of @yamunajiye , are "akin to sounding death knell to the very concept of Corporate Environment Responsibility and reinforces MoEFCC’s present reputation as defender of everything but environment and ecology." https://bit.ly/31jLzxg 
According to Adv @lara_jesani, the new norms are similar to the #EIA2020 draft. “The project proponent now has an excuse to not do any additional spending towards environment conservation or sustainability in the guise of doing CER activities under EMP.” https://bit.ly/31jLzxg 
Adv Ghosh found this odd, she explained, because, "the three orders available in this matter on the Delhi HC website show that no substantive order has been issued in the case yet." Read the full report to understand the full import of this u-turn. https://bit.ly/31jLzxg 
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