BHUBANESWAR: The State Government is contemplating to set up a special economic zone (SEZ) at Gopalpur in Ganjam district to create employment opportunities for 30,000 youths.

The steel and mines ministries are locked in a bitter turf war on amending the existing Mines and Minerals Development and Regulation (MMDR) Act. The mines ministry has proposed giving states full powers to allocate mining leases by removing the clause that requires them to seek Centre

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Jharkhand Gives Assurance On Renewing Other Mine Leases Also To Help Steel Co Meet Current Needs

AFTER the UPA government announced its plan for big-ticket disinvestment in 60 central PSUs last Friday, the Union steel ministry is humming with activity. Two of the ministry

BUOYED by the Jharkhand government

THE government is exploring the option of creating a fund through contribution from steel companies, the annuity from which would help meet the livelihood requirement of those affected by projects. The government hopes that through this measure it would be able to acquire land more easily for steel projects while giving a more humane face to industrialisation.

The steel ministry and the Orissa government have asked South Korean steel giant Posco to expedite the process of land acquisition by directly negotiating with private land holders to fructify its Rs 54,000-crore mega steel project in the state

BHUBANESWAR: Minister for Steel and Mines Raghunath Mohanty reiterated that ArcelorMittal has assured the State Government that the company will establish the proposed steel plant in Keonjhar district.

ARCELORMITTAL on Wednesday said it is in talks with the Orissa and Jharkhand governments for alternative sites for its Rs 1 lakh crore steel projects which have remained stuck, mainly due to problems in acquiring land.