-PTI   NEW DELHI: South Korean steel major POSCO will build the $ 12 billion plant in Orissa in three phases and hopes to start work on four million tonne (MT) first phase soon after the land is transferred to it. "We will build the 12 million tonne per annum (MTPA) steel plant in Orissa in three phases. The first phase will be of 4 MTPA and we hope to begin...

Newly-appointed tribal affairs minister V Kishore Chandra Deo on Thursday gave a boost to anti-mining activism by vetoing thePOSCO project in Orissa and also said that bauxite mining cannot be allowed just because the mineral deposits are under the houses of poor tribals. Deo, who as Congress MP successfully lobbied against bauxite mining in his constituency in Vishakhapatnam, hailed the decision to stop Vedanta in Niyamgiri hills and even vetoed...

-IANS   South Korean giant POSCO's plan to set up a six million tonnes per annum steel plant in Karnataka is in doldrums with the state government dropping plans to acquire land, in the face of opposition from farmers and religious leaders. "Even if the farmers agree to give land, we will not acquire it in Gadag district," Chief Minister B.S. Yeddyurappa told reporters Thursday. "If POSCO is interested in setting...

Some of that legendary ‘Banarasi pan' could have begun its journey from Gujjari Mohanty's vineyard in Govindpur, Orissa. “I've sold our leaves in Benares [Varanasi] myself,” says her son Sanatan. As have many of their neighbours. “Our leaves are high-quality and greatly valued.” The betel leaf, though, is not just about pan. It is also valued for medicinal qualities as a digestive, for the antiseptic nature of its oil, and...

A host of steel-manufacturing units are keen to set up plants in Karnataka, and all want captive mines. SOUTH KOREA'S POSCO is not the only steel-maker keen to do business in Karnataka. The State's estimated 9,000 million tonnes of good-quality iron ore reserves, which is the second largest in India, the State government's assurances on a smooth land acquisition process, the availability of water and the promise of speedy regulatory clearances...