The government must stop dilly-dallying over the project and apply the law regardless of the fact that it is India's single largest foreign investment proposal. TWO giant metallurgical projects, both in Orissa. Both promoted by big multinational corporations with tremendous influence. Both opposed by environmental and tribal rights activists because they would displace vulnerable people and destroy fragile ecosystems. Both backed strongly by State-level and national lobbies that claim they...

If things work to plan, the POSCO story may get a twist, and the Korean steel giant may come home to Karnataka. After a long-drawn battle with agencies to get environmental clearance for a Rs 50,000-crore integrated steel plant and captive port at Jagatsinghpur in Orissa, now it has set its sights on the state. "One-third of the required ore will be mined in Karnataka. POSCO officials met me recently and...

A senior government official told reporters here on Thursday that POSCO might shift to Karnataka, which was making active overtures to the Korean company. This gives a new twist to the ongoing tussle between the Ministry of Environment and POSCO. The Ministry had recently asked POSCO to stop work in Orissa, where the company has been trying to start operations for many years. Asked about the delays and POSCO's predicament, the official said...

Making fresh demand for withdrawal of clearances accorded to POSCO's mega steel plant, Left parties today sought shifting of the project from the proposed site near Paradip to any nearby place in Orissa's Jagatsinghpur district. The demand was made before the Union environment minister Jairam Ramesh when a delegation of the Left parties including CPI, CPI(M), Forward Bloc along with RJD and Samajwadi Party, met him at New Delhi. In a joint...

POSCO wants to build a USD 12 billion steel mill in eastern India, but the project has faced delays because of environmental worries and protests by local residents concerned about the mill's impact on their agriculture-based livelihoods. Here are some questions and answers about the project, which has already been delayed by three years: What is the project? The world's third-largest steel company wants to set up a mill in the eastern state...