POSCO to address issues of displaced ones: Director
Synopsis: The article states that POSCO-India will address issues of the people to be displaced from the government land, reasonable compensation to cultivators on the encroached land to be acquired for its 12 MTPA steel plant in Paradeep. POSCO-India Executive Director Uma Ballav Pattnaik said all displaced families and even the landless labourers would be adequately compensated. We have already stated that besides complying with the Rehabilitation and Resettlement (R&R) policy of the state government, POSCO-India will have its own R&R policy and nearly 25,000 people will be engaged in the construction of the mega steel plant, the biggest FDI in the country,'' He also reiterated that the POSCO-India along with all the stakeholders would ensure to provide better and sustainable livelihood to the affected people.