Orissa Chief Minister Naveen Patnaik today said the POSCO project, which has been a hanging fire for the last five years, has a potential of earning huge revenue for the Centre as well as the state and will create many employment opportunities for the country. Patnaik also said the implementaion of the Rs 51,000-crore project is also the responsibility of the central government. "It is also the responsibility of the Centre. The...

Terming the recommendations of the National Advisory Council on the proposed Food Security Bill as discouraging, senior leader of the Communist Party of India (Marxist) Sitaram Yechury on Friday underlined the need for a people's movement to pressure the Manmohan Singh government to go in for a universal public distribution system to ensure food security in the country. Addressing a seminar on food security at the CPI(M) State headquarters here, Mr....

Prime Minister Manmohan Singh will reassure South Korea President Lee Myung-bak that India will address all issues related to Pohang Steel Company’s (Posco’s) proposed $12-billion steel project in Orissa in a “constructive manner.” Posco India, which first announced the setting up of the massive plant five years ago, is facing environment roadblocks. Lee is likely to take up Posco’s case with Singh tomorrow. The two leaders, who are here for the East...

Peeved at the appointment of “activists” in the forest panel for clearing Rs 54,000 crore steel project of Posco, Steel Minsiter Virbhadra Singh advised Environment Minister Jairam Ramesh to be “pragmatic.” “The approach has to be pragmatic and not dogmatic. When there is an issue of development some sort of compromises have to be made,” Mr. Singh told PTI, when asked as to what his advice would be for Jairam Ramesh...

The National Advisory Council (NAC), led by Congress president Sonia Gandhi, may have suggested doubling food subsidies to keep an electoral promise, but the country’s food and agriculture minister, Sharad Pawar, is not amused. Pawar has expressed frustration at the NAC’s suggestion to provide subsidised food to 75% of the population. “It (the NAC proposal) reminds me of an old AICC (All Indian Congress Committee) resolution when I was a young...