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Monday, September 21, 2009

Orissa government lacking initiative on land acquisition - Dr Irani

According to Dr JJ Irani director of TATA Sons, Orissa government has been lacking in initiative on land acquisition for the many steel projects in the state.

Dr Irani told Business Standard that the state government should take necessary measures to ensure land acquisition and infrastructure for the projects was put in place. He noted the state was greatly endowed with natural resources. It is unfortunate that the government had not been able to deal with the land problems.

Dr Irani declined to comment on the status of TATA Steel’s projects in Orissa and whether the company will be responding to the government’s request to provide milestones on it.

Mr Raghunath Mohanty state government’s steel and mines minister had asked all the 14 mega companies that had signed an agreement for investments to provide milestones on their respective projects and to take steps to start construction at the earliest.

The minister had expressed unhappiness over the lack of progress of the Special Economic Zone project of TATA Steel at Gopalpur and non-use of the land given to the company at Nayagarh in Keonjhar district.

(Sourced from www.steelguru.com)

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