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...
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Deepening crisis
-The Deccan Herald "Law is misused for business interests." There is reason for serious concern over the aggressive acquisition of farm land by the Karnataka government on behalf of corporates. It has notified 3,382 acres in Halligudi in Gadag district where Korean steel giant Posco proposes to set up a 6 million tonne per annum integrated steel plant and a 450-mw captive power plant. Farmers in the area, whose lands have been...
More »“Use govt. funds for development of rural areas”
-The Hindu Haryana Chief Minister Bhupinder Singh Hooda on Tuesday urged representatives of Panchayati Raj Institutions (PRIs) to ensure best use of the funds allocated for the rural areas so that these areas could come up at par with urban areas. Mr. Hooda was addressing the sarpanches and other PRIs representatives who had converged at his residence here to thank him for devolution of powers to the panchayats. He said that his...
More »Posco in south by Ravi Sharma
THERE is money on offer, but the farmers of Halligudi, a hamlet of 5,500 people in Karnataka's Gadag district, are hardly happy at the prospect of 3,382 acres (one acre is 0.4 hectare) of farmland being acquired for a Rs.32,336-crore steel plant south of National Highway 63, which runs between Karwar and Bellary. The plant is to be set up by the Indian subsidiary of the South Korean steel major Posco...
More »97 refuse to give land for Posco's Karnataka plant by Anil Kumar Raje Urs
Nearly half of the people served notice have filed their submissions before the Special Land Acquisition Officer (SLAO) of KIADB at Dharwad. Of the 232 notices served, 144 persons have replied and nearly 97 land owners had outrightly opposed the land acquisition and categorically declared before the land acquisition officer that they would not give their lands. Forty-seven land owners have given ‘conditional consent’ for giving their lands. According to the Assistant...
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