Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68039230acbda-trace').style.display = (document.getElementById('cakeErr68039230acbda-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68039230acbda-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68039230acbda-code').style.display = (document.getElementById('cakeErr68039230acbda-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68039230acbda-context').style.display = (document.getElementById('cakeErr68039230acbda-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68039230acbda-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Three of the four members of the panel suggested that approvals should be canceled because of &amp;ldquo;flaws in the studies, and shortcomings in the clearances granted&amp;rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;There is no fixed time frame for deciding the future of the Posco project,&amp;rdquo; Ramesh said. &amp;ldquo;There&amp;rsquo;s a fundamental difference between the Posco and the Vedanta projects.&amp;rdquo;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&amp;rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&amp;rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Final Recommendation&lt;/font&gt;&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&amp;rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;Posco is still waiting for the final decision of India&amp;rsquo;s environment ministry,&amp;rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &amp;ldquo;good one&amp;rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&amp;rsquo;s website. Still, the landless laborers will have limited benefits, she said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;India&amp;rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&amp;rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&amp;rsquo;s claim that more native residents are living in the forest land than the state reported, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;ArcelorMittal, the world&amp;rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&amp;rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. &lt;/font&gt;&lt;br /&gt;
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Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.

Three of the four members of the panel suggested that approvals should be canceled because...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;font &gt;&lt;br /&gt;&lt;/font&gt;&lt;div align=&quot;justify&quot;&gt;&lt;font &gt;Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Three of the four members of the panel suggested that approvals should be canceled because of &amp;ldquo;flaws in the studies, and shortcomings in the clearances granted&amp;rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Posco&amp;rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;&amp;ldquo;There is no fixed time frame for deciding the future of the Posco project,&amp;rdquo; Ramesh said. &amp;ldquo;There&amp;rsquo;s a fundamental difference between the Posco and the Vedanta projects.&amp;rdquo;&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&amp;rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&amp;rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;&lt;font &gt;Final Recommendation&lt;/font&gt;&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;&lt;font &gt;Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&amp;rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;&amp;ldquo;Posco is still waiting for the final decision of India&amp;rsquo;s environment ministry,&amp;rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &amp;ldquo;good one&amp;rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&amp;rsquo;s website. Still, the landless laborers will have limited benefits, she said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;India&amp;rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&amp;rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&amp;rsquo;s claim that more native residents are living in the forest land than the state reported, he said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;ArcelorMittal, the world&amp;rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&amp;rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. &lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;title&#039; =&gt; &#039;Posco&#039;s Planned $12 Billion Indian Steel Plant in Doubt After Panel Report by Abhijit Roy Chowdhury and Abhishek Shanker&#039;,
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Three of the four members of the panel suggested that approvals should be canceled because of &amp;ldquo;flaws in the studies, and shortcomings in the clearances granted&amp;rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;There is no fixed time frame for deciding the future of the Posco project,&amp;rdquo; Ramesh said. &amp;ldquo;There&amp;rsquo;s a fundamental difference between the Posco and the Vedanta projects.&amp;rdquo;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&amp;rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&amp;rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Final Recommendation&lt;/font&gt;&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&amp;rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;Posco is still waiting for the final decision of India&amp;rsquo;s environment ministry,&amp;rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &amp;ldquo;good one&amp;rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&amp;rsquo;s website. Still, the landless laborers will have limited benefits, she said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;India&amp;rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&amp;rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&amp;rsquo;s claim that more native residents are living in the forest land than the state reported, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;ArcelorMittal, the world&amp;rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&amp;rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. &lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Bloomberg, 18 October, 2010, http://www.bloomberg.com/news/2010-10-19/posco-s-planned-12-billion-indian-steel-plant-in-doubt-after-panel-report.html&#039;,
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Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.

Three of the four members of the panel suggested that approvals should be canceled because...&#039;
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Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.

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                <strong>Posco's Planned $12 Billion Indian Steel Plant in Doubt After Panel Report by Abhijit Roy Chowdhury and Abhishek Shanker</strong></h1>
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                <font ><br /></font><div align="justify"><font >Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.</font><br /><br /><font >Three of the four members of the panel suggested that approvals should be canceled because of &ldquo;flaws in the studies, and shortcomings in the clearances granted&rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.</font><br /><br /><font >Posco&rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.</font><br /><br /><font >&ldquo;There is no fixed time frame for deciding the future of the Posco project,&rdquo; Ramesh said. &ldquo;There&rsquo;s a fundamental difference between the Posco and the Vedanta projects.&rdquo;</font><br /><br /><font >Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.</font><br /><br /><em><font >Final Recommendation</font><br /></em><br /><font >Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.</font><br /><br /><font >&ldquo;Posco is still waiting for the final decision of India&rsquo;s environment ministry,&rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.</font><br /><br /><font >The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.</font><br /><br /><font >The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &ldquo;good one&rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&rsquo;s website. Still, the landless laborers will have limited benefits, she said.</font><br /><br /><font >India&rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&rsquo;s claim that more native residents are living in the forest land than the state reported, he said.</font><br /><br /><font >ArcelorMittal, the world&rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. </font><br /><br /></div>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Three of the four members of the panel suggested that approvals should be canceled because of &amp;ldquo;flaws in the studies, and shortcomings in the clearances granted&amp;rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.&lt;/font&gt;&lt;br /&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;There is no fixed time frame for deciding the future of the Posco project,&amp;rdquo; Ramesh said. &amp;ldquo;There&amp;rsquo;s a fundamental difference between the Posco and the Vedanta projects.&amp;rdquo;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&amp;rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&amp;rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Final Recommendation&lt;/font&gt;&lt;br /&gt;
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&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;Posco is still waiting for the final decision of India&amp;rsquo;s environment ministry,&amp;rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &amp;ldquo;good one&amp;rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&amp;rsquo;s website. Still, the landless laborers will have limited benefits, she said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;ArcelorMittal, the world&amp;rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&amp;rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. &lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.

Three of the four members of the panel suggested that approvals should be canceled because...&#039;,
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	&#039;title&#039; =&gt; &#039;Posco&#039;s Planned $12 Billion Indian Steel Plant in Doubt After Panel Report by Abhijit Roy Chowdhury and Abhishek Shanker&#039;,
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Three of the four members of the panel suggested that approvals should be canceled because of &amp;ldquo;flaws in the studies, and shortcomings in the clearances granted&amp;rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;There is no fixed time frame for deciding the future of the Posco project,&amp;rdquo; Ramesh said. &amp;ldquo;There&amp;rsquo;s a fundamental difference between the Posco and the Vedanta projects.&amp;rdquo;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&amp;rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&amp;rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Final Recommendation&lt;/font&gt;&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&amp;rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;Posco is still waiting for the final decision of India&amp;rsquo;s environment ministry,&amp;rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &amp;ldquo;good one&amp;rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&amp;rsquo;s website. Still, the landless laborers will have limited benefits, she said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;India&amp;rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&amp;rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&amp;rsquo;s claim that more native residents are living in the forest land than the state reported, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;ArcelorMittal, the world&amp;rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&amp;rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. &lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.

Three of the four members of the panel suggested that approvals should be canceled because...&#039;
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Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.

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                <strong>Posco's Planned $12 Billion Indian Steel Plant in Doubt After Panel Report by Abhijit Roy Chowdhury and Abhishek Shanker</strong></h1>
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                <font ><br /></font><div align="justify"><font >Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.</font><br /><br /><font >Three of the four members of the panel suggested that approvals should be canceled because of &ldquo;flaws in the studies, and shortcomings in the clearances granted&rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.</font><br /><br /><font >Posco&rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.</font><br /><br /><font >&ldquo;There is no fixed time frame for deciding the future of the Posco project,&rdquo; Ramesh said. &ldquo;There&rsquo;s a fundamental difference between the Posco and the Vedanta projects.&rdquo;</font><br /><br /><font >Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.</font><br /><br /><em><font >Final Recommendation</font><br /></em><br /><font >Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.</font><br /><br /><font >&ldquo;Posco is still waiting for the final decision of India&rsquo;s environment ministry,&rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.</font><br /><br /><font >The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.</font><br /><br /><font >The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &ldquo;good one&rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&rsquo;s website. Still, the landless laborers will have limited benefits, she said.</font><br /><br /><font >India&rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&rsquo;s claim that more native residents are living in the forest land than the state reported, he said.</font><br /><br /><font >ArcelorMittal, the world&rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. </font><br /><br /></div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68039230acbda-trace').style.display = (document.getElementById('cakeErr68039230acbda-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68039230acbda-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68039230acbda-code').style.display = (document.getElementById('cakeErr68039230acbda-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68039230acbda-context').style.display = (document.getElementById('cakeErr68039230acbda-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68039230acbda-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Three of the four members of the panel suggested that approvals should be canceled because of &amp;ldquo;flaws in the studies, and shortcomings in the clearances granted&amp;rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;There is no fixed time frame for deciding the future of the Posco project,&amp;rdquo; Ramesh said. &amp;ldquo;There&amp;rsquo;s a fundamental difference between the Posco and the Vedanta projects.&amp;rdquo;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&amp;rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&amp;rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Final Recommendation&lt;/font&gt;&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&amp;rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;Posco is still waiting for the final decision of India&amp;rsquo;s environment ministry,&amp;rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &amp;ldquo;good one&amp;rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&amp;rsquo;s website. Still, the landless laborers will have limited benefits, she said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;India&amp;rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&amp;rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&amp;rsquo;s claim that more native residents are living in the forest land than the state reported, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;ArcelorMittal, the world&amp;rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&amp;rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. &lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.

Three of the four members of the panel suggested that approvals should be canceled because...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;font &gt;&lt;br /&gt;&lt;/font&gt;&lt;div align=&quot;justify&quot;&gt;&lt;font &gt;Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Three of the four members of the panel suggested that approvals should be canceled because of &amp;ldquo;flaws in the studies, and shortcomings in the clearances granted&amp;rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Posco&amp;rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;&amp;ldquo;There is no fixed time frame for deciding the future of the Posco project,&amp;rdquo; Ramesh said. &amp;ldquo;There&amp;rsquo;s a fundamental difference between the Posco and the Vedanta projects.&amp;rdquo;&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&amp;rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&amp;rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;&lt;font &gt;Final Recommendation&lt;/font&gt;&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;&lt;font &gt;Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&amp;rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;&amp;ldquo;Posco is still waiting for the final decision of India&amp;rsquo;s environment ministry,&amp;rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &amp;ldquo;good one&amp;rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&amp;rsquo;s website. Still, the landless laborers will have limited benefits, she said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;India&amp;rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&amp;rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&amp;rsquo;s claim that more native residents are living in the forest land than the state reported, he said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;ArcelorMittal, the world&amp;rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&amp;rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. &lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;title&#039; =&gt; &#039;Posco&#039;s Planned $12 Billion Indian Steel Plant in Doubt After Panel Report by Abhijit Roy Chowdhury and Abhishek Shanker&#039;,
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&lt;div align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Three of the four members of the panel suggested that approvals should be canceled because of &amp;ldquo;flaws in the studies, and shortcomings in the clearances granted&amp;rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Posco&amp;rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;There is no fixed time frame for deciding the future of the Posco project,&amp;rdquo; Ramesh said. &amp;ldquo;There&amp;rsquo;s a fundamental difference between the Posco and the Vedanta projects.&amp;rdquo;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&amp;rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&amp;rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Final Recommendation&lt;/font&gt;&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&amp;rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;Posco is still waiting for the final decision of India&amp;rsquo;s environment ministry,&amp;rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &amp;ldquo;good one&amp;rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&amp;rsquo;s website. Still, the landless laborers will have limited benefits, she said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;India&amp;rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&amp;rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&amp;rsquo;s claim that more native residents are living in the forest land than the state reported, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;ArcelorMittal, the world&amp;rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&amp;rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. &lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Bloomberg, 18 October, 2010, http://www.bloomberg.com/news/2010-10-19/posco-s-planned-12-billion-indian-steel-plant-in-doubt-after-panel-report.html&#039;,
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Posco&amp;rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&amp;rsquo;s third largest steelmaker.

Three of the four members of the panel suggested that approvals should be canceled because...&#039;
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Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.

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            <h1 class="news_headlines" style="font-style:normal">
                <strong>Posco's Planned $12 Billion Indian Steel Plant in Doubt After Panel Report by Abhijit Roy Chowdhury and Abhishek Shanker</strong></h1>
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                <font ><br /></font><div align="justify"><font >Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.</font><br /><br /><font >Three of the four members of the panel suggested that approvals should be canceled because of &ldquo;flaws in the studies, and shortcomings in the clearances granted&rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.</font><br /><br /><font >Posco&rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.</font><br /><br /><font >&ldquo;There is no fixed time frame for deciding the future of the Posco project,&rdquo; Ramesh said. &ldquo;There&rsquo;s a fundamental difference between the Posco and the Vedanta projects.&rdquo;</font><br /><br /><font >Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.</font><br /><br /><em><font >Final Recommendation</font><br /></em><br /><font >Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.</font><br /><br /><font >&ldquo;Posco is still waiting for the final decision of India&rsquo;s environment ministry,&rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.</font><br /><br /><font >The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.</font><br /><br /><font >The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &ldquo;good one&rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&rsquo;s website. Still, the landless laborers will have limited benefits, she said.</font><br /><br /><font >India&rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&rsquo;s claim that more native residents are living in the forest land than the state reported, he said.</font><br /><br /><font >ArcelorMittal, the world&rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. </font><br /><br /></div>               </font>
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<font face="arial,helvetica,sans-serif" size="3">Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Three of the four members of the panel suggested that approvals should be canceled because of &ldquo;flaws in the studies, and shortcomings in the clearances granted&rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Posco&rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">&ldquo;There is no fixed time frame for deciding the future of the Posco project,&rdquo; Ramesh said. &ldquo;There&rsquo;s a fundamental difference between the Posco and the Vedanta projects.&rdquo;</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.</font><br />
<br />
<em><font face="arial,helvetica,sans-serif" size="3">Final Recommendation</font><br />
</em><br />
<font face="arial,helvetica,sans-serif" size="3">Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">&ldquo;Posco is still waiting for the final decision of India&rsquo;s environment ministry,&rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &ldquo;good one&rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&rsquo;s website. Still, the landless laborers will have limited benefits, she said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">India&rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&rsquo;s claim that more native residents are living in the forest land than the state reported, he said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">ArcelorMittal, the world&rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. </font><br />
<br />
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Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.

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<div align="justify">
<font face="arial,helvetica,sans-serif" size="3">Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Three of the four members of the panel suggested that approvals should be canceled because of &ldquo;flaws in the studies, and shortcomings in the clearances granted&rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Posco&rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">&ldquo;There is no fixed time frame for deciding the future of the Posco project,&rdquo; Ramesh said. &ldquo;There&rsquo;s a fundamental difference between the Posco and the Vedanta projects.&rdquo;</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.</font><br />
<br />
<em><font face="arial,helvetica,sans-serif" size="3">Final Recommendation</font><br />
</em><br />
<font face="arial,helvetica,sans-serif" size="3">Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">&ldquo;Posco is still waiting for the final decision of India&rsquo;s environment ministry,&rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &ldquo;good one&rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&rsquo;s website. Still, the landless laborers will have limited benefits, she said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">India&rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&rsquo;s claim that more native residents are living in the forest land than the state reported, he said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">ArcelorMittal, the world&rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. </font><br />
<br />
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Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.

Three of the four members of the panel suggested that approvals should be canceled because...'
$disp = '<font ><br /></font><div align="justify"><font >Posco&rsquo;s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world&rsquo;s third largest steelmaker.</font><br /><br /><font >Three of the four members of the panel suggested that approvals should be canceled because of &ldquo;flaws in the studies, and shortcomings in the clearances granted&rdquo; to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said.</font><br /><br /><font >Posco&rsquo;s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion.</font><br /><br /><font >&ldquo;There is no fixed time frame for deciding the future of the Posco project,&rdquo; Ramesh said. &ldquo;There&rsquo;s a fundamental difference between the Posco and the Vedanta projects.&rdquo;</font><br /><br /><font >Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India&rsquo;s reserves of iron ore, a key material to make steel. ArcelorMittal is the world&rsquo;s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association.</font><br /><br /><em><font >Final Recommendation</font><br /></em><br /><font >Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry&rsquo;s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act.</font><br /><br /><font >&ldquo;Posco is still waiting for the final decision of India&rsquo;s environment ministry,&rdquo; Choi Doo Jin, a spokesman for Posco, said by phone today.</font><br /><br /><font >The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading.</font><br /><br /><font >The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a &ldquo;good one&rdquo; and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry&rsquo;s website. Still, the landless laborers will have limited benefits, she said.</font><br /><br /><font >India&rsquo;s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco&rsquo;s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization&rsquo;s claim that more native residents are living in the forest land than the state reported, he said.</font><br /><br /><font >ArcelorMittal, the world&rsquo;s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India&rsquo;s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh. </font><br /><br /></div>'
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Posco's Planned $12 Billion Indian Steel Plant in Doubt After Panel Report by Abhijit Roy Chowdhury and Abhishek Shanker

Posco’s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world’s third largest steelmaker. Three of the four members of the panel suggested that approvals should be canceled because of “flaws in the studies, and shortcomings in the clearances granted” to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi. A separate report by Meena Gupta, the head of the panel, asked for conditions to be added to the existing clearances, he said. Posco’s project, billed as the single-biggest investment by a foreign company in India, has been delayed since 2005 because of opposition from farmers unwilling to give up their land. In August, the ministry rejected a proposal by Vedanta Resources Plc, owned by billionaire Anil Agarwal, to mine bauxite at Niyamgiri hills in the same state, hampering a planned $8 billion expansion. “There is no fixed time frame for deciding the future of the Posco project,” Ramesh said. “There’s a fundamental difference between the Posco and the Vedanta projects.” Opposition from farmers has helped stall $80 billion in planned spending by companies including Posco and ArcelorMittal on steel mills in three Indian states that hold more than half of India’s reserves of iron ore, a key material to make steel. ArcelorMittal is the world’s largest producer, ahead of Baosteel Group Corp. and Posco, according to the World Steel Association. Final Recommendation Both reports by the committee recommended Posco make a comprehensive environmental impact assessment, Ramesh said. The environment ministry’s forest advisory committee will meet on Oct. 25 to review the reports before making a final recommendation, Ramesh said. The members have suggested stricter implementation of the provisions under the Forest Rights Act. “Posco is still waiting for the final decision of India’s environment ministry,” Choi Doo Jin, a spokesman for Posco, said by phone today. The Pohang, South Korea-based company rose 0.2 percent to 493,500 won at 9:36 a.m. in Seoul trading. The resettlement and rehabilitation package being offered by Posco to farmers who will be displaced from their land is a “good one” and is superior to the terms laid down by the state government, Gupta said in her report posted on the ministry’s website. Still, the landless laborers will have limited benefits, she said. India’s environment ministry had asked the state government of Orissa to halt land acquisitions from farmers occupying the site of Posco’s proposed plant, Choi Doo Jin, a spokesman for the Pohang-based mill said on Aug. 9. The order followed a non- government organization’s claim that more native residents are living in the forest land than the state reported, he said. ArcelorMittal, the world’s largest steelmaker, faces delays for a $10 billion mill in Orissa and in Jharkhand state. Projects by Tata Steel Ltd., India’s biggest maker of the metal, are faring no better in the two states and in Chhattisgarh.