As POSCO hits green roadblocks, the mega project seems doomed THE ODISHA government is trying hard not to sound defensive, after the Meena Gupta Committee report pulled it up for violating the local people’s forest rights while giving the nod to POSCO for setting up its proposed $12 billion steel plant. Earlier, a joint committee of the Ministry of Environment and Forests (MoEF) had reached the same conclusion, and reported several...
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A non-starter from the start by Girish Agrawal
Paan kheti [betel vine cultivation] is our lifeline…why does the government want to destroy it and force us into being labourers?” asked Niranjan, a 60-plus-year-old farmer who would lose his betel vines to the Posco steel project in Orissa. This is one of the questions that haunted us,when we, a group of US-based researchers interested in the new economy of globalised India, started looking into the Posco project. We had...
More »Posco paid for study on Posco by Priscilla Jebaraj
Claims about the benefits of Posco's $12 billion integrated steel project to Orissa's economy and job market come from a study by an “independent” research organisation — but was paid for by Posco itself. In January 2007, the National Council of Applied Economic Research (NCAER) published a report on ‘Social Cost Benefit Analysis of the POSCO Steel Project in Orissa,' which claimed that the project would directly and indirectly generate 8.7...
More »Land troubles for port project by MN Samdani
The prestigious Rs 2,500-crore Machilipatnam port project is unable to cruise what with the district administration failing to hand over 4,000 acres of land to the developers, Navayuga Engineering Company Ltd (NECL), even six months after the state government gave its nod for the project. The Congress government awarded the project to NECL this April after cancelling the previous agreement with Maytas-led consortium following its involvement in the multi-crore Satyam scandal....
More »Education need: Rs 5 lakh crore by Basant Kumar Mohanty
The government will have to invest around Rs 5 lakh crore to achieve its target of increasing the higher education enrolment rate from the current 14 per cent to 30 per cent by 2020, a think tank has estimated. The National University of Educational Planning and Administration (NUEPA) has prepared a concept paper projecting the expected number of youths to be enrolled in higher and technical education by 2020 and the...
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