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MINING AND INDUSTRIALISATION UPDATE, ORISSA - Vasundhara

MINING AND INDUSTRIALISATION UPDATE, ORISSA - Vasundhara

MINING AND INDUSTRIALISATION UPDATE, ORISSA - Vasundhara

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investigation it recovered 23 bombs, 3swords, explosive materials, 300 POSCOsponsored bags, books and Khatas onPOSCO banner that stored in the school in aisolated room. Police quipped headmistressin the incident but she simply replied herignorance how these alleged materials cameto school. Meanwhile reports said theheadmistress son was one of them thosepicked up from the school in bomb throwingincident and his husband Babi Parida asenior pro POSCO man of the locality so shereceived wrath of anti project habitants andstayed away from the school after locking itsince June 20. The situation resented amongthe parents and guardians in village thosewant the school should open forthwith orgiving them transfer certificate of studentsthose require shift to other school. A teacherof the school with condition anonymity saidthree of my colleagues are coming to schooldaily and few students attending classessince Monday when the reports reached theheadmistress has transferred to localManapur primary school and she handedover the charge to district inspector ofschool Tirtol last week. When contacteddistrict inspector of school revealed thealleged headmistress has been transferredwho was in charge headmistress of theGovindapur primary school and the school isfunctioning since last week.Naveen wants investors toimprove communication withpeopleThe Orissa Diary, 18 July, 2008Bhubaneswar: With major steel projectsrunning into rough weather in Orissa, whichis targetting a production of 45 mtpa steel innext four years, Chief Minister NaveenPatnaik today urged investors to learn the artof communicating with the people in atransparent manner. Pointing out that thefuture of industrial sector lay in addressingpeople's issues with speed and compassion,Chief Minister Naveen Patnaik said nomining or industrial activity could take placeunless people support. "Project proponentsmust be willing to share with the people thebenfit of their projects," Patnaik said, whileaddressing a seminaron 'Mineral junction:The future ahead', organised by the CII. Hesaid the people should be stakeholders in theprojects which were coming up in theirlocalities. The Chief Minister said the statewas ranked ahead of others in terms of valueof total envisaged projects and also in termsof value of total projects underimplementation. "We are ahead of the othertop ranking states like Gujarat, Maharastra,Karnataka and Haryana. The rank has beenheld by us for three consecutive years-2005,2006 and 2007," Patnaik told the gatheringof investors. He said while envisagedprojects account for an investment of aboutRs 6 lakh crore, projects worth Rs 3 lakhcrore were in implemenattion stage.Hopeful of the state achieving its target of45 mtpa steel production by 2012, Orissa'sSteel and Mines, Industries Secretary AshokDalwai said the projects which were inimplementation stage would start productionin next four years.NALCO reports profit of Rs.525 cr.The Hindu, 18 July, 2008BHUBANESWAR: The NationalAluminium Company Limited (NALCO)has reported profit after tax of Rs. 525.33crores for the 1st quarter ended June 30,registering an increase of 17.6 per cent overRs. 446.66 crores achieved in thecorresponding period of last fiscal.According to the results taken on record at ameeting of the company’s Board ofDirectors here on Thursday, the companyalso recorded a jump of 24.8 per cent in itsturnover. It reported a turnover of Rs.1606.41 crores, compared to Rs. 1287.12crores achieved in the corresponding quarterof the previous year.On the sales front, thecompany sold 2,21,405 MT of alumina inthe 1st quarter, which was 2,07,765 MT inthe corresponding period a year ago.14

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