BJP demands cancellation

Image
BS Reporter Kolkata/ Bhubaneswar
Last Updated : Jan 20 2013 | 12:57 AM IST

The Opposition BJP has demanded the cancellation of the pact, warning the government of dire consequences if it proceeds with renewal of the agreement with the South Korean steel major.

The BJP's warning has come on the eve of the Assembly session which takes off on Tuesday.

Incidentally, June 22 is the day when the MoU with Posco India expires. Posco India had signed the MoU with the state government in June 2005. “The MoU with Posco should not be renewed at any cost as the project is coming up on fertile land and it will prove to be disastrous for the farmers of the area. The state government will face dire consequences if it renews the MoU with the company”, senior BJP leader Bijoy Mohapatra told reporters here.

Posco has not made any progress after the signing of the MoU and there is no merit in renewing the agreement, he reasoned.

The state government's move to hand over Khandadhar mines to Posco for extracting iron ore and allowing it to draw water from Jobra barrage near Cuttack would be opposed tooth and nail by the BJP, Mohapatra asserted.

Accusing Posco Pratirodh Sangram Samiti (PPSS), the anti-Posco outfit, of double standards, he stated, by giving its consent to the survey, PPSS has clearly shown it is ready for setting up of the plant in the area.

On the controversial Vedanta University Project (VUP), he said, “The state government has not taken any action against the errant officials involved in the irregularities in land allotment to the VUP for the past three months despite the instructions of the Lokpal. This is a blatant violation of the constitutional provisions”

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 22 2010 | 12:08 AM IST

Next Story