This Is Not POSCO Plant On Hold, But Our Jobs On Hold
www.thenationoftenrivers.com
The Leftists taunt that like a colony of the yore, we export iron ore instead of steel, but when one of the top steel makers of the world tries to make steel in India, they do everything to stop the company from making steel. In a news item published in the Times of India today, it is revealed that POSCO, the steel giant from South Korea, has all but abandoned the steel plant that would have changed the entire steel industry of India, and would have generated a very large number of jobs, both in the upstream and downstream. It abandoned the plant after a ten year long struggle with Land Acquisition, and a recent change in the mining policy which violated initial pact with it to make available mines free. When one manufacturer abandons a proposed plant, a dozen others get the message, and that means we stay unindustrialised, eking our meagre livelihood through MGNREGA.
This Is Not POSCO Plant On Hold, But Our Jobs On Hold
This Is Not POSCO Plant On Hold, But Our Jobs…
This Is Not POSCO Plant On Hold, But Our Jobs On Hold
The Leftists taunt that like a colony of the yore, we export iron ore instead of steel, but when one of the top steel makers of the world tries to make steel in India, they do everything to stop the company from making steel. In a news item published in the Times of India today, it is revealed that POSCO, the steel giant from South Korea, has all but abandoned the steel plant that would have changed the entire steel industry of India, and would have generated a very large number of jobs, both in the upstream and downstream. It abandoned the plant after a ten year long struggle with Land Acquisition, and a recent change in the mining policy which violated initial pact with it to make available mines free. When one manufacturer abandons a proposed plant, a dozen others get the message, and that means we stay unindustrialised, eking our meagre livelihood through MGNREGA.