Social cost benefit analysis of the POSCO steel project in Orissa
The social cost benefit analysis approach allows an assessment of the impact of a project on the national economy unlike financial analysis, which looks at the impact of the project on the finances of the investors. For a project to be economically viable, it must be financially sustainable, apart from being economically efficient. If a commercial project is not financially sustainable, economic benefits would not accrue. This report assesses the social yield of POSCO Steel Plant investments in the state of Orissa.