Ministry of Environment, Forest and Climate Change (MoEF&CC) notified Environment Relief Fund (Amendment) Scheme, 2024 | Current Affairs | Vision IAS
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Notification, amending the Environment Relief Fund (ERF) Scheme 2008, has been issued in exercise of powers conferred under Section 7A of Public Liability Insurance Act (PLIA), 1991.

  • Section 7A of PLIA provides for establishment of Environment Relief Fund (ERF), which is utilized for providing immediate relief to victims of accidents involving hazardous substances.

Key Amendments

  • Administration: It vests the Environment Relief Fund (ERF) in the Central Government.
  • Fund Manager: Central Pollution Control Board (CPCB) replaces United India Insurance Company Limited as the fund manager for five years with effect from 1st January, 2025.
  • Disbursement: Fund Manager, in consultation with Central Government, shall develop and maintain an online portal and shall disburse amount as per the order of District Collector or Central Government.
  • Investment: ERF amount shall be invested appropriately in public financial institutions and in saving accounts to ensure timely availability of funds.
  • Restoration of Environmental Damage: Fund Manager shall earmark the ERF funds for restoration of damage caused due to manufacture, processing, treatment, package, storage, transportation, use, collection, destruction, conversion, transfer etc., of hazardous substances
  • The accounts of the Relief Fund shall be audited by an independent auditor appointed by the Central Government from the panel approved by the Comptroller and Auditor-General.

Related News

Public Liability Insurance (Amendment) Rules, 2024

MoEF&CC notified Public Liability Insurance (Amendment) Rules, 2024, in exercise of powers conferred by PLIA 1991. 

Key Amendments

  • Persons with direct and substantial connection and interest in affected public property can also claim for restoration of property. 
  • It provides for utilization of ERF towards environmental damage restoration
  • Increases insurance policy coverage limit to ₹250 crore for single accident and ₹500 crore for multiple accidents. 
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