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Steel Industry in Orissa complains red-tapism standing on its growth

"Once the first attraction of the investors, Orissa is now becoming the state of deadlocks for groups that have planned mega projects in Orissa. Apart from public opposition in some places, bureaucratic red tapism has become the other major reason for the stagnancy in the process of industrialization of the state."

HNF Bureau : March 20, 2010

Orissa government’s high sounding claim of industrializing the state with huge amount of FDIs and investment from Indian industries goes hollow as the investor industrialists and groups are expressing their frustration over a repulsive and arrogant bureaucracy coupled with a slow decision making mechanism.

When large projects like POSCO and Arcelor-Mittal are making least progress, other comparatively smaller projects are also facing lots of problems in pushing a proposal for a government node.

‘Red tapism, slow decision making mechanism and inaction by the state government is hampering our growth. It is high time the state government acts,’ said Chairman and Managing Director of SPS Steel which has set up a .58 MTA steel manufacturing unit at Jharsaguda.

The group that had signed MOU with Orissa government is still waiting for required land, iron ore mine and other support as promised by the government in the MOU.

During almost last seven years, only 100 acres of land has been handed over to the group against a requirement of 350 acres. Because of no mine given on lease, the group primarily depends upon private ore traders to acquire iron ore as OMC gives only 20% of the requirement.

'Recession has shot past our ear in a close range and we struggled hard to recover from the shock. The prices came down drastically leading to losses, mainly, due to low demand everywhere and low per-capita consumption. But fortunately we could manage to make optimum use of our resources weathering the storm,’ said Vohra while addressing media persons in Puri on the occasion of dealers meet.

 Even though Vohra didn’t risk commenting at whether the power and bureaucratic lobby are working against the interests of industries and corporate, his expression on the question was enough to answer why the big and mega projects planned in the state are not doing any progress.

Once the first attraction of the investors, Orissa is now becoming the state of deadlocks for groups that have planned mega projects in Orissa. Apart from public opposition in some places, bureaucratic red tapism has become the other major reason for the stagnancy in the process of industrialization of the state.

 

 

 

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