What happened to POSCO in Odisha?
What happened to POSCO in Odisha?
Resistance among villagers in Odisha is brewing again. This resistance had earlier led to the South Korean steel company POSCO pulling out of the 12 million tonnes per annum (MTPA) integrated steel plant with captive power plant project in Jagatsinghpur district of Odisha.
Who is the part of POSCO?
POSCO India Private Limited (commonly POSCO India or Posco-India) is an Indian subsidiary of Korean conglomerate POSCO. Its parent company POSCO signed a memorandum of understanding in June 2005 with the state government of Odisha to construct a $12 billion steel plant.
What is POSCO law?
The POCSO Act, 2012 is a comprehensive law to provide for the protection of children from the offences of sexual assault, sexual harassment and pornography, while safeguarding the interests of the child at every stage of the judicial process by incorporating child-friendly mechanisms for reporting, recording of …
Is Posco a chaebol?
In a statement endorsing the National Assemby’s impeachment motion, the Constitutional Court on Friday cited several chaebol — including Hyundai Motor, Posco and Lotte — as examples of abuse of power in relation to the scandal in which Park allowed Choi Soon-sil, her confidante, to influence national politics.
What is punishment in Pocso act?
(1) Whoever commits aggravated penetrative sexual assault shall be punished with rigorous imprisonment for a term which shall not be less than twenty years, but which may extend to imprisonment for life, which shall mean imprisonment for the remainder of natural life of that person, and shall also be liable to fine, or …
When did POSCO build steel plant in Odisha?
In 2005, POSCO signed a Memorandum of Understanding with the Odisha state government in India to build a US $12 billion integrated steel project, involving a plant, mine and associated infrastructure. For the ten years since then the project has faced strong opposition from the communities affected by the proposed steel plant.
What was the conflict between POSCO and Odisha?
This case study focuses on a protracted conflict between Korean steel giant POSCO, and communities affected by a proposed steel plant in the eastern Indian state of Odisha.
What did POSCO do to betel leaf in Odisha?
The betel leaf stood firm against steel and forced the South Korean steel major out of its Odisha project. POSCO confirmed the withdrawal of its project by requesting the Odisha government to take back the land transferred in its name, according to a statement by Odisha’s industry minister Devi Prasad Mishra made on March 18.
When was POSCO land acquisition carried out in Odisha?
Police cases were lodged against many anti-Posco activists, including women, who, in their attempt to avoid arrest, lost out on their livelihoods. The district administration carried out the land acquisition in two phases – in 2011 and 2013.