After five long years, India's largest FDI investment has got a nod from the environment ministry on Monday. Environment Minster Jairam Ramesh gave clearance to South Korean steel giant Posco on the steel project in Orissa, although with 60 additional conditions.The conditions include the likes of ensuring tribal rights, compensatory afforestation are few of the 60 conditions laid down. Posco will have to bear the cost of regeneration of degraded forest land.
No comments:
Post a Comment