Jindal thumbs up to state’s rehab plan
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25/12/2011
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Telegraph (Ranchi)
Jamshedpur, Dec. 25: Congress MP and corporate honcho Naveen Jindal has hailed the state’s rehabilitation and resettlement policy (R&R policy), welcoming the emphasis on employing the displaced even as he put the onus on companies to resolve crises over land acquisition. The chairman-cum-managing director of Jindal Steel Power Limited (JSPL), who arrived in the city yesterday on his chartered flight, said he approved of the state policy and its stress on providing job to one member of every displaced family and doling out money for 30 years.
Jindal said JSPL had been following the R&R policy at all its locations in Jharkhand and that its executives had been instructed to provide a one-time compensation of Rs 50,000 to families who ran petty businesses but did not own land in areas acquired by the company.
JSPL also provides basic amenities and infrastructure at its resettlement areas. “We cannot rely on the government for everything and if a group is serious about setting up a venture, it has to take a call and start an initiative in removing the obstacles on its own,” said the scion of the USD 15 billion OP Jindal Group.
Jindal, who met Tata Steel MD H.M. Nerurkar for half an hour after driving straight from the Sonari airport, identified land acquisition as the main hurdle to setting up industries in Jharkhand. But he added in the same vein that the entrepreneurial skills of a company were tested under such circumstances.
Later, Nerurkar also hosted a lunch at the director’s bungalow in his honour.
Jindal expressed satisfaction with the progress of JSPL’s 3 MTPA steel plant at Patratu and the pace of work for setting up two thermal power units (cumulative capacity of 3,640MW) in Dumka and Godda and a 5 MTPA integrated steel plant at Asanboni village of Potka block in East Singhbhum
The MP also heaped praise on Tata Steel’s presence in the city.
“A company, which has stood the test of time for more than a century, speaks volumes of its abilities. It (Tata) has grown by leaps and bounds in all spheres,” he said.
The parliamentarian termed his visit to the steel city, especially to Tata Steel plants, a “learning experience”. “It is worth the effort to come to the city and visit the steel plant in Jamshedpur, as we (JSPL) can learn a lot from its procedures and management style,” he said.
The ace shooter, who had represented India at the 2002 Busan Asian Games, also visited Gopal Maidan before returning to Patratu this evening.