Posco land acquisition moves smoothly | business | Hindustan Times
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Posco land acquisition moves smoothly

With cooperation from the locals, land acquisition by the government for the Rs 52,000-crore Posco steel project gained momentum with 25 betel plantations being acquired in Jagatsinghpur district on Tuesday.

business Updated: May 24, 2011 21:00 IST

With cooperation from the locals, land acquisition by the government for the Rs 52,000-crore Posco steel project gained momentum with 25 betel plantations being acquired in Jagatsinghpur district on Tuesday.

“Land acquisition which was resumed on Monday after a two-day break, is progressing at full steam with the cooperation of villagers at Polanga, Bayanala and Noliasahi areas,” said (Paradip) Sarojkant Choudhury, additional district magistrate.

There was no opposition to the drive and over Rs 51 lakh was paid as compensation to the land losers, he said.

The land was being acquired by officials of the district administration, departments of revenue and forest and Industrial Infrastructure Development Corporation (IIDCO).