Steel giant Posco’s proposal for the largest foreign direct investment in India has failed to pass environment muster with a central panel picking flaws in the process to settle forest rights and approve the shortlisted site in Orissa. Three members of the four-person committee have recommended that the Union forest and environment ministry scrap its approvals while the remaining nominee has suggested that the exercise be carried out afresh. The panel’s recommendations...

Union minister of environment and forest Jairam Ramesh  has asked Maharashtra chief minister Ashok Chavan to review the 49 mining leases given for excavation of iron ore and bauxite in Sindhudurg region. The move follows a TOI expose on the state government`s decision to approve the leases in the eco-sensitive district of Konkan Maharashtra. Ramesh`s letter to the chief minister, which attached a series of news reports that appeared in TOI...

Posco’s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world’s third largest steelmaker. Three of the four members of the panel suggested that approvals should be canceled because of “flaws in the studies, and shortcomings in the clearances granted” to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi....

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...

The four-member review committee on Posco  will submit its report to the environment and forests ministry on Monday but it has already got mired in controversy with the chair of the panel, ex-environment secretary Meena Gupta, expected to give a dissent note while the other members provide a unanimous majority version. The fact that the chair of the committee was the senior-most bureaucrat in MoEF when environmental clearance was given to...