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POSCO project biggest FDI for India: Naveen

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...

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''Climate change will have far reaching impact on agriculture''

Union Minister of State for Agriculture K V Thomas today said impact of climate change on agriculture in India would be "far reaching" as a major chunk of population is dependent on it. "Due to high percentage of population dependent on agriculture, excessive pressure on natural resources and lack of fast alternatives, the impact of climate change on agriculture will be far reaching in the country," he said, inaugurating an...

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Posco's Orissa project lands in fresh trouble

The Rs 51,000-crore Posco steel project in Orissa, that has been delayed for five years, faces the prospect of getting delayed further. The ministry of tribal affairs is now looking at the possibility of whether the South Korean steel project, which also represents the largest foreign direct investment (FDI) in India so far, has actually encroached into the land owned by tribals. The Union ministry of environment and forest (MoEF) has...

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21 tribals vs 12 mn tonnes of steel by Amitabh Sinha

Both Posco and the Orissa government said there were no tribals on the land for Posco’s 12 mn tonne steel plant. The presence of 21 tribals in the voters list has hit their credibility and probably the plant as well A 4-member environment ministry committee has recommended that the environmental clearances given to Posco be revoked for the violation of existing laws, for serious lapses and suppression of facts. As always,...

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Jairam picked activists for POSCO panel, their 3-1 stand is no surprise by Amitabh Sinha

The 3-1 conclusion of the POSCO panel that all clearances to the Rs 50,000-crore project be scrapped should haven’t come as a surprise to at least one person: Environment Minister Jairam Ramesh. The panel’s report now wends its way through the Ministry’s official expert committees. For, Ramesh had handpicked these members and each of the three who opposed the project has, in the past, taken clearly stated positions on infrastructure projects,...

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