“While the central and state governments claim that the foreign companies will improve the face of rural economy, these companies are coming to our country to earn profit and so we have to fight against them unitedly,” Hazare said. “It took 90 years for the freedom fighters of the country to chase away the Britishers from India but the subsequent governments of the country are inviting foreign companies to India and handing them over our land, water, forests, minerals and other resources. It is a wrong policy of both the state government and Union government. Unless we improve the economy of the villages, there will not be any improvement in the condition of our farmers,” he said addressing a public gathering at Jagatsinghpur, some 70 km from here.
Posco India is setting up a 12 million tonne greenfield steel plant near Paradeep in Jagatsinghpur district.
Reaffirming his fight against corruption, Hazare said, “I have been working in several villages from the age of 26 without any foreign funding. In the villages, farmers who are owners of the land are starving while the government is looting us. So, the time has come to fight against corruption.”
The contract has been put on hold and further payments have been stopped
RBI provided a buffer to importers by doubling eligible limit for hedging to 100% of the average of past three years' import turnover