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POSCO: Villagers demand 5% of share in company`s profits

POSCO: Villagers demand 5% of share in company`s profits  some people in Orissa's Jagatsinghpur district, in a complete turnaround from their earlier stand, agreed to give up land for the posco steel plant on January 5, but with conditions. They have asked for a 5 per cent share in the profits of the company, among other demands.

In another development, the Central Empowered Committee, which advises the supreme court on forest-related cases, recommended that mines, steel plant and captive port

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