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Listen to Spotlight discussion on "Withdrawal of FDI in milti brand retail by Delhi Government". The participants are: Ashoka Dasgupta, Senior Economic Journalist, and Arjun J. Chaudhuri, Economic Analyst. http://www.newsonair.nic.in/full_news.asp?type=bulletins&id=105 #

Decision to clear India's biggest FDI project precedes South Korean president's visit to India, but the project still has a major hurdle to clear A file photo from 2011 shows women and children holding ground in Gobindapur village preventing government officers from acquiring land (photo: Sayantan Bera) The Union Ministry of Environment and Forests (MoEF) has revalidated the environment clearance (EC) for the US $12 billion integrated steel project of South Korean steel giant Pohang Iron and Steel Company (POSCO) in Odisha. The original environment clearance to the project was granted in 2007 which had expired after a period of five years in July 2012.

Ministry reiterates its stand that mining will affect the Dongria Kondhs who worship Niyamgiri hills which has rich deposits of bauxite More than four months after the gram sabhas of tribal villages in Odisha's Niyamgiri hills rejected multinational company Vedanta's proposal to undertake bauxite mining in the area, the Union Ministry of Environment and Forests (MoEF) has said a final “no” to the project.