Cong, BJP attack Naveen for ArcelorMittal's withdrawal

Image
Press Trust of India Bhubaneswar
Last Updated : Jul 18 2013 | 5:35 PM IST
Opposition Congress and BJP today slammed the state government for its "faulty industrial policy" which had led to the withdrawal by ArcelorMittal from a mega project in Odisha.
"Mittal's withdrawal from (the project in) Odisha exposes Chief Minister Naveen Patnaik's lack of sincerity to make the state industrially developed," said Odisha Pradesh Congress Committee President Jaydev Jena.
"The CM mislead the people by inviting major steel makers like ArcelorMittal and Posco," Jena said.
While ArcelorMittal has already announced scrapping of its project, Posco has been waiting for the last eight years to set up its plant, he added.
Terming ArcelorMittal's withdrawal as a major setback for Odisha, the BJP state unit said the company had withdrawn its project at a time when there was a need for massive investments in the state.
"The CM should learn from (Gujarat CM) Narendra Modi on how to make the state industrially developed," said state BJP spokesperson Sajjan Sharma.
"It is unfortunate that the (government) makes false claims of bringing crores of investment to the state to wipe out unemployment and strengthen the economy," Sharma said, adding that no other major company would now like to invest in Odisha.
*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: Jul 18 2013 | 5:35 PM IST

Next Story