The first attempt by the state government to convince the agitating farmers to withdraw their movement against the proposed Posco steel plant at Halligudi met with failure, after talks between District In-charge Minister C C Patil and Siddhalinga swamiji of Tontadarya mutt fell through. The seer told Patil that there was no question of withdrawing the agitation, despite a fervent appeal from the latter, who assured that the state government would...
More »SEARCH RESULT
Total Matching Records found : 842
100% mining royalty for the displaced in the draft Mining Bill, feels Pranab Mukherjee led panel
-The Economic Times A group of ministers formed to approve the draft mining Bill, has agreed to earmark 100% of the royalty paid by major mineral mining companies , to compensate people displaced by such projects. The panel, chaired by finance minister Pranab Mukherjee , which met on Thursday , also agreed to earmark 26% of the profit made by coal mining companies, in favour of people directly affected ,...
More »Orissa to renew MoU with Posco India by July end
-The Business Standard Even as the process of renewal of Memorandum of Understanding (MoU) with Posco India has been hit by delay presumably due to the contentious issue of iron ore swapping, the Orissa government has maintained that the pact would be renewed by the end of this month. “The process of renewal of MoU with Posco India is on. The pact will definitely be renewed by the end of July....
More »POSCO: take land but give life by Sunita Narain
The sight on television was heartbreaking: children lying in rows in the searing sun to be human shields against the takeover of their land for Korean giant POSCO’s mega bucks project. Facing them were armed police sent by the state government to assist in the operation. The steel plant and port project, located in a coastal district of Odisha, has been in a six-year-long eyeball-to-eyeball battle with people whose land will...
More »Most farmers will not give up land for Posco by Manu Aiyappa
The groundswell of public opinion is firmly against South Korean steelmaker Posco. Of the 536 farmers whose lands are to be acquired for the proposed Rs 32,000-crore integrated steel plant, 365 have said a clear 'no' . Just 25 farmers have agreed to hand over land provided they are paid a compensation of Rs 25 lakh per acre. The proposed compensation could be between Rs 4 lakh and Rs 8...
More »
