August 30, 2010 1:32 PM

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New chemical industry projects coming up for approval have to carry Disaster Resilience Audit

All loans given to chemical industry in future will take into account the aspect of Disaster Management to ensure safety of projects and avoid incidents like the Bhopal Gas Tragedy. Vice Chairman of National Disaster Management Authority, General N C Vij while speaking at a function in New Delhi today said NDMA is in talks with Reserve Bank of India for the same. Emphasising on the need to minimise man made disasters, Mr Vij added all new projects coming up for approval under the Central Government will have to carry Disaster Resilience Audit before they are approved. He stated that technology check will be mandatory to ensure safety and security of projects. He also expressed concerns over the large amount of toxic material lying unclaimed on sea ports across the coastal areas of the country.

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