Bhubaneswar:16/6/17; Bharatiya Janata Party (BJP) today blame e Naveen government responsible for the exit of South Korean Steel major Posco from the State.
Briefing newsmen at a press conference in the State on Friday, Union Minister for Steel Birender Singh said the company left Odisha as the government failed to provide land for the multi-million project.
Posco had to withdraw the project due to continuous delay in acquisition of the required land for the establishment of the plant.
The Centre supports foreign direct investment (FDI), said Singh, adding, “BJP came up with a new Land Acquisition Bill but Odisha didn’t take any initiative in introducing the reforms in the land acquisition procedures.”
Meanwhile, Odisha Steel and Mines Minister Prafulla Mallik said the government had transferred the required land for the project but Posco left the State as it did not want to participate in the mining auction.
The South Korean steel major scrapped its plan to set up the 12-million tonne (mt) steel plant in Paradip and surrender the allotted land early this year.