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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Fate of Posco's Orissa plant will be decided today
In a bid to build up pressure before the meeting of the Forest Advisory Committee (FAC) to decide the fate of Posco’s mega steel plant in Orissa, those opposed to it stepped up the momentum. Project opponents, led by Posco Pratirodha Sangram Samiti (PPSS), the organization spearheading the agitation against the South Korean company, held a massive rally and protest meeting yesterday at Balitutha, entry point to the project site. People...
More »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...
More »Apec nations aim to boost farm produce
Asia Pacific nations agreed on Sunday to boost the region’s agricultural productivity through technology transfer and information sharing as climate change and a fall in arable land threaten future food supplies. The 21-member countries of the Asia Pacific Economic Cooperation (Apec) also called for “responsible” agricultural investment as rising acquisition of farmland in developing countries by other nations to ensure their own food supplies is causing friction with local people. “Climate change...
More »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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