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Poor countries lead in mother, child spending

-AP   Bangladesh, Ethiopia, Nepal and some of the world’s other poorest countries helped lead the way over the past year as U.N. member states began meeting their unprecedented pledge of more than $40 billion for maternal and child health, a new study of the spending says. The spending report is being released Tuesday at a high-level event chaired by U.N. Secretary-General Mr. Ki-moon, who has made raising money for the health of...

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Posco project: Villagers remove blockades

-PTI   The barriers erected by villagers to cordon off South Korean steel major Posco's proposed steel plant in Orissa's Jagatsinghpur district have been removed, paving the way for site preparatory activities to resume on the much-delayed Rs 52,000 crore project. Work at the project site resumed on Saturday, after a gap of 25 days, when locals removed two bamboo gates erected by them at Gadakujang and Nuagaon following talks with state government...

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Jolt to Posco in Odisha as High Court stays the acquisition of land by Nageshwar Patnaik

-The Economic Times   The Orissa High Court on Friday stayed the acquisition of land for building the much-delayed 12-million tonne Posco project, dealing a further setback to the India plans of the South Korean steel major which has not been able to progress much for the past five years. In a ruling on Friday, the high court ordered status quo on the private land being acquired by the state government that...

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Posco for swapping of iron ore within country

-PTI   The South Korean based Posco wants to exchange high alumina content iron ore with low alumina content mineral within the country Though Posco had agreed not to insist on the import clause in the lapsed memorandum of understanding (MoU) with Orissa government, it wanted swapping of iron ore within the country. “Posco-India has given its consent to delete import clause from the lapsed MoU. However, it wants swapping of iron ore within...

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Posco project is a closed chapter

-IBN   After failing to provide the promised land for the proposed steel plant in Gadag district, the state government has convened a meeting with the representatives of the Korean based steel giant Posco Ltd, to locate a new place in the state, Industries Minister Murugesh Nirani said here on Wednesday. While assuring the people of Gadag district that the government was very much committed to its decision of abandoning the proposal, Nirani...

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