October 14, 2008

PM to lay foundation stone for Jindal steel project in WB

Mr NS Nigam district magistrate of West Midnapore district said that Dr Manmohan Singh Prime Minister will lay the foundation stone of INR 35,000 crore project of Jindal Steel Works Bengal Steel Limited on January 30th 2008 at Salboni in West Bengal.

Mr Rajesh Gupta VP projects of Jindal Steel said that 4000 acres of land, mostly government lands, had been acquired for the project. He added that there had been no opposition from any political party or farmers while acquiring private land. The first phase of the project will be completed by January 11th 2008.

Mr Gupta said that direct employment in the first phase of the project would be about 3,000, while indirectly it would be about 6,000. INR 270,000 was given to the cultivators for each acre of land. He added that apart from giving compensation to each farmer, equivalent amount of shares have been distributed to them as free gift.

He further added that moreover one person in each land losers’ family was assured a place in this project. Already a primary health clinic and mobile medical vans have started working in the area for treatment of inhabitants in 24 mouzas in the vicinity of which the project was being started.