Bhubaneswar: As uncertainty prevails over South Korean steel giant Posco's proposed plant near Paradip, the state government on Tuesday informed the assembly that around three lakh trees were felled during the process of land acquisition for the project. "According to sources available with Odisha Industrial Infrastructure Development Corporation (the state's …
The Government is keen that SAIL be part of South Korean steel firm Posco's proposed $12-billion steel plant in Orissa. The Steel Minister, Mr Beni Prasad Verma, conveyed the Government's willingness that SAIL could be a joint venture partner to Posco officials here on Wednesday. Mr Y.W. Yoon, Chairman and …
The Union Cabinet on Friday approved the Mines and Mineral Development Regulation Bill that seeks to attract investment by easing land acquisition by stipulating mining companies to pay more compensation to local communities in mineral-rich districts, that most firms felt would inflate costs. The Bill seeks to make coal miners …
The Indian cabinet Friday approved the draft of a law that seeks to attract investments in mining by simplifying rules and smoothening land acquisitions through higher compensation to people displaced, but industry executives said some of the proposals were negative. Inadequate compensation and the fear of loss of livelihood have …
Gandhi Jayanti, October 2, this year is going to witness a new movement. Activists belonging to a non-profit, Ekta Parishad, will undertake a Jan Satyagraha Samwad Yatra to highlight the ongoing land and livelihood struggles across the country. The Jan Satyagraha Samwad Yatra will highlight the ongoing land and livelihood …
Bangalore Steel makers, including global steel giants ArcelorMittal and Posco, are expected to slow down the pace of their projects in Karnataka as the ministry of environment and forests (MoEF) has decided not to clear any proposals in the state till the mining ban is lifted. According to sources in …
The Orissa High Court on Friday dismissed a plea for grant of interim stay on acquisition of forest land by the state government for the Rs 54,000 crore Posco steel project. However, the court stayed acquisition of private land in Posco area ordering status quo. In May this year, Nishakar …
On September 7, a draft of the Land Acquisition and Resettlement and Rehabilitation Bill of 2011was tabled in Parliament which was different from the one published in July for public comments. The changes in the draft now seem to favour agencies acquiring land rather than the land owners. Certain features …
Arguing that indiscriminate exploitation of mineral resources was leading to alienation amongst local tribal populations and furthering the cause of Naxalite groups, Minister for Tribal Affairs V Kishore Chandra Deo on Wednesday advocated a ban on export of raw materials like iron ore or bauxite. Mineral resources like iron ore …
The Karnataka government, which is in the thick of controversy over acquisition of land for several big-ticket investors, is in no mood to accept certain changes proposed in the new Land Acquisition and Resettlement & Rehabilitation Bill tabled in Parliament last week. Instead, the government is in the process of …
Paradip 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 R52,000 crore project. Work at the project site resumed after a gap of 25 …
Jagatsinghpur: The barriers erected by villagers to cordon off South Korean steel major Posco's proposed steel plant new Paradip in 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 …
BHUBANESWAR: Amid speculations over the fate of the proposed steel project near Paradip, Posco-India on Tuesday said it would renew the memorandum of understanding with the State Government soon. “The MoU will be renewed with the Orissa government as soon as possible,” Posco-India Director YK Kim told reporters in the …
There seems to be no end to Posco’s hurdles in the land acquisition and construction drive for its proposed 12-million-tonne steel plant near Paradip, even as the South Korean steel major has agreed not to insist on an important import clause in its lapsed agreement with the Orissa government. Even …
Half a decade after announcing the project, work is yet to begin on Pohang Iron and Steel Co Ltd's (POSCO) proposed 12 million tonnes per annum (mtpa) steel mill in Orissa because of delays in securing regulatory approvals and continuing protests surrounding land acquisition. The project was expected to be …
Ranchi, Aug. 31: Chief minister Arjun Munda today asked the Centre to ban the export of iron ore from the state in an attempt to enlarge the scope of a debate raging in Jharkhand on his government’s decision allowing sale of iron ore fines by owners of captive mines. “Why …
Bhubaneswar: Though Posco has agreed not to insist on the import clause in the lapsed MoU with the state government, it wants swapping of iron ore within the country, a state minister said here on Monday. Posco-India has given its consent to delete import clause from the lapsed MoU. However, …
BHUBANESWAR: Chances of an early renewal of memorandum of understanding (MoU) between the State Government and Posco have brightened with the latter agreeing to delete the iron ore swapping clause. Minister for Steel and Mines Raghunath Mohanty told mediapersons here on Monday that though Posco had agreed not to insist …
“Kemathi accho” translates to “ how are you” in Odiya, said one of the local volunteers to me as our train made its way from Raipur in Chhattisgarh to Odisha through dried up riverbeds and parched lands. A summer survey to study the ground realities of the Public Distribution System …
The Karnataka government is still looking at acquiring land in Halligudi village of Gadag district for South Korean steel maker Posco’s proposed Rs 32,300-crore plant. Last month it had said it would not acquire land forcibly to set up the plant. “The government is still open to acquiring land at …
Posco India has sought modifications in the revised agreement, including swapping of iron ore within the country, prior to renewing its agreement with the Orissa government for building its 12 million tonne greenfield steel plant. The South Korean steel major said that as the iron ore available in Orissa has …
