POSCO R & R and compensation ideas
Jagatsinghpur, Paradip - Jatadhari - Kujanga, POSCO, SEZs, Steel July 18th. 2007, 4:40pmBusiness standard reports on government of Orissa and POSCO’s plans regarding R & R and compensation. Following are some excerpts.
… The government is also working on improving the compensation package for the area’s beetle-vine workers, who are among the most vocal opponents of the project as they fear loss of livelihood.
A joint exercise will be started soon for implementing the rehabilitation package. We will sit with Posco executives to decide what best can be offered to the displaced, in excess of the entitlements prescribed by the government’s rehabilitation policy and the package prepared by the company, …
The proposals which are being examined include a pension scheme for the displaced persons and a job card for all the displaced who are less than 60 years in age.