The Jindal group has not given any commitment to the West Bengal government on giving equity or employment to people who provide land for a 10-million tonne steel plant it is setting up at Salboni in Purulia district, a minister said on Wednesday.
"They have told the press about giving company shares to land losers or providing employment to a member of their families. This commitment is not part of their agreement with the government. If they do it, may be it will be as corporate social responsibility," Industry Minister Nirupam Sen told reporters at his chamber in the assembly.
After the signing of the agreement for the plant between the Jindal group and the state government on January 11, Chief Minister Buddhadeb Bhattacharjee had said that people who gave their land for the project would be offered equity in the new company, JSW Bengal Steel Ltd, and one member of their families would be given employment.
Sen said the Jindals had agreed to take steps to train eligible members of the displaced families to upgrade their skills and to set up a training institute for this purpose.
They also agreed to provide alternative housing to every displaced family.
In reply to a question, Sen said the paid up capital of JSW Bengal Steel is Rs 100 crore (Rs 1 billion) and the state government, West Bengal Industrial Development Corporation and West Bengal Mineral Development and Marketing Corporation will jointly own 11 per stake in the new company.
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