Union Minister for Rural Development Jairam Ramesh on Sunday allayed fears of Indian industry and said the new Land Acquisition Act would make projects economically viable.
After 12 gram sabhas completely rejected bauxite mining in the Niyamgiri hills, Vedanta is now looking beyond the area to source raw material for its Rs 5,000 crore Lanjigarh alumina refinery in Odisha and is hopeful of securing an alternate mine soon.
BJD Member of Parliament Jay Panda says, in an interview to CNBC-TV18, that while the Orissa government is keen to explore alternative solutions to lure big-ticket investments, interference from political leaders continues to prove to be stumbling block to investments in the state.
CNBC-TV18’s special show Ministers of Change examines the health of the state of Maharashtra. The programme looks at why malnutrition is emerging as the silent killer in rural Maharashtra. This show analyses how empowered Gram Sabhas can make a difference.