The Orissa government has said that it fully supports the multi-billion steel project from global steel maker Posco, despite opposition from local people.
Posco's $12 billion (Rs 54,000 crore) steel project Orissa's Jagatsinghpur district has been controversial after local residents prevented the company officials from entering the area. Posco's proposed steel plant in Orissa is the biggest foreign direct investment in the country.
But despite opposition from local residents, Orissa Chief Minister Naveen Patnaik says his government is committed to help the company carry out the project.
"The Posco steel project, which is the largest FDI investment ever in India, will reach fruition despite the delay," Patnaik said.
The Chief Minister said the state government now has an excellent rehabilitation policy which is both practical and humane. "The policy