Mining issues: Orissa, Centre to discuss, at last
- Zero-tolerance towards communal violence, must act: Centre to states
- Varanasi: Violence breaks out during protest march, vehicles set ablaze
- Germany our natural partner, says Modi after meeting Merkel; 18 MoUs inked to boost trade
- Why the BJP finds itself in a spot before Gujarat local body polls
- Supreme Court suspends beef ban in Jammu & Kashmir for two months
But since then there has been little development with Posco waiting for the Orissa government to renew its MoU that expired in June 2010 and restart the land acquisition process, stalled since June 2011. In between, the state has served a notice on several companies alleging illegal mining. To regularise the same it has demanded payment of additional royalties. Matters are further complicated as the MB Shah Commission on illegal mining has pulled up the state on the issue too.
Meanwhile, not just Posco, even some public sector projects have not moved much. For instance an RINL application for mining lease is stuck with the state government for the last two and a half years. The state has insisted there should be value addition within the state borders which means the company has to set up at least something like a pelletisation plant for the ore to be processed. Friday's meeting is then important not just for Posco but several other big-ticket steel and mining industries too. Major potential investors in the state include ArcelorMittal, Steel Authority of India Ltd, Rashtriya Ispat Nigam Limited, Tata Steel, Jindal Steel and National Mineral Development Corporation. Under chief minister Naveen Patnaik it was expected the state's agri-based economy would become more diversified. But 8 years and several MoUs later Orissa has so far achieved steel production capacity of only 12.66 million tonne per annum out of India's 69.5 million tonnes (2011-12).
Debabrata is a Special Correspondent based in Bhubaneswar. firstname.lastname@example.org