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Posco's chances dim as another panel says no by Nitin Sethi

The deck's being stacked against Posco. In the biggest blow yet to the South Korean giant's Rs 54,000-crore project in Orissa, a key committee of the environment ministry has recommended the withdrawal of forest clearance to the multinational's plan to build an integrated steel plant. If accepted by environment minister Jairam Ramesh, the recommendation of the Forest Advisory Committee (FAC) could sound the death-knell for the country's biggest FDI project....

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Tribal Meena, not bureaucrat Meena to decide Posco's fate

An illiterate tribal woman from Orissa's Jagatsinghpur district is all set to play a vital role in deciding the fate of the Rs 51,000 crore Posco steel project, billed as the country's biggest FDI. The role of Meena Hembram and 20 others came to limelight after the Meena Gupta panel, which submitted its reports to the union Ministry of Environment and Forest (MoEF) on October 18, pointed out that there were...

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No tribal min role in Posco case? by Nitin Sethi

The Posco tale got another twist on Thursday with the environment ministry's Forest Advisory Committee deciding to rethink whether it should ask the ministry of tribal affairs to verify the violations of Forest Rights Act or it should do so itself. In a meeting held on October 25, the FAC had concluded that it would recommend that the tribal affairs ministry take a final call on whether the Orissa government had...

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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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Govt stay on Posco project to continue

The Forest Advisory Committee of the Union environment and forests decided on Monday to not lift the temporary stay order on the forest clearance for Posco's Integrated Steel Project at Orissa. This would imply continued stay on all activities at the Posco site. After a lengthy hearing with the state government officials present, the FAC decided to refer the possible violations of the Forest Rights Act to the Union ministry of...

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