Even after five-and-half years since its inception, the biggest foreign Direct Investment (FDI) for the country, the POSCO steel project has failed to take off due to widespread opposition from several quarters. Now, the 51,000 crore project has run into more trouble as the environment clearance to the project seems unlikely. But the Orissa government has come to the fore, not just supporting the project but also moving the Supreme Court, filing...
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Orissa RTI website bags best India eGov Award
The RTI website of the State has been awarded as the best user-friendly website in the Country. A high profile event for choosing best website in the country conducted by India eGov 2.0 in New Delhi on October 28 choose States RTI Central Mechanism (RTI CMM) as the best user-friendly website and conferred India eGov 2.0 Awards-2010. The States RTI website is now connecting as many as 1800 offices and providing...
More »Orissa moves SC, challenges HC decision on Posco mining issue by Indu Bhan
The Orissa government on Friday moved the Supreme Court challenging the Orissa High Court order that quashed its decision to permit South Korean steel major Posco to mine iron ore in Sundergarh district of the state. The matter is likely to come up for hearing in November end. The state government had recommended the grant of prospecting licence (PL) to Posco India for the Khandadhar mines for its 12-million-tonne steel plant...
More »Orissa Government to move SC over Khandadhar mines on Oct 29
The state government is likely to file a special leave petition (SLP) in the Supreme Court on October 29 Challenging the judgement of the Orissa High Court to set aside recommendation of prospecting license (PL) in favour of Posco . As per section 11 (5) of Mining and Minerals Development and Regulation (MMDR) Act, the state government will urge the Apex court to lease out Khandadhar mines on the basis of...
More »Centre plans to restrict interest rate of MFIs
The Centre is planning to impose a ceiling of 18 per cent on the interest rate charged by MFIs on loans to SHGs. This was indicated by Union Finance Minister Pranab Mukherjee to Chief Minister K. Rosaiah during a telephonic conversation recently. Disclosing this at a media conference here on Monday, Minister for Rural Development V. Vasanth Kumar and Minister for Agriculture N. Raghuveera Reddy said Mr. Mukherjee informed that the...
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