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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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As POSCO hits green roadblocks, the mega project seems doomed by Saroj Mishra

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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Orissa to reply to Centre’s queries on Posco panel report

The Orissa government will reply to the queries made by the Centre on the Meena Gupta panel report on Posco project in the next three days, Chief Secretary B K Patnaik said on Wednesday. “We will reply to the Centre on the panel’s reports within three days,” Patnaik told reporters here. The state government did not comment on the reports of the committee for the past two days. Smarting under the Union...

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Split Jairam panel puts Posco on pause by Amitabh Sinha

The showpiece proposed iron and steel project in Orissa by South Korean steel major POSCO faces a huge cloud of uncertainty with an expert panel set up by the Environment Ministry alleging violations of environmental laws. Three of its four members today recommended that all initial clearances to the project be cancelled. The lone dissenting voice was that of former Environment Secretary Meena Gupta who argued that there was no need...

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Orissa cuts dependancy on FCI, targets 32 lakh tonne rice

The Orissa government has set a target of procuring 32 lakh tonne of rice this time despite bad weather, reducing dependance on the Food Corporation of India (FCI), official sources said today.The decision not to wholly depend on the FCI was taken at a cabinet meeting chaired by Chief Minister Naveen Patnaik here last night."As performance of FCI was not satisfactory in 2009, the state government decided to reduce target...

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