JSW announces a rehabilitation & resettlement compensation package for its Rs 55,000 crore Paradip steel plant project

Leading Indian steelmaker JSW has declared a special rehabilitation and resettlement (R&R) compensation package for the would be affected people before going ahead with its plans to set up a Rs 55,000 crore steel plant in Odisha’s Jagatsinghpur district.

The Posco project in the same area was withdrawn earlier due to stiff resistance from the local people during the land acquisition activities. The compensation announced now by the JSW is way above the policy provisions outlined in the Rehabilitation & Resettlement Policy, Odisha, 2006, the official said.

Official sources said that JSW Steel require 2,950 acres of land for its 13.2 mtpa steel mill of which the state government has already allotted 272 acres of non-forest land to the company. The remaining 2,678 acres of land under forest category will be acquired as per the process with the cooperation of the local residents, a revenue department official of Kujang Tehsil said.

The company has also announced adequate compensation for loss of betel vines in the proposed project site. A compensation of Rs 17,500 per decimal has been declared which is above the government provision of Rs 6,000 per decimal, charted out in the government R&R policy. Additionally, a bonus of Rs 50,000 per betel vine, irrespective of size, provided it is demolished within a fortnight of announcement in the said village, has been declared.

For the first time, a differential compensation of Rs 6,000 per decimal is offered to all the old betel vine owners, who earlier received Rs 11,500 per decimal, has been announced.

For all ration card holders in the eight villages who have not received betel vine compensation or have not received any labour compensation earlier from erstwhile projects, betel vine labour compensation of Rs 88,000 – Rs 44,000 as one-time financial assistance after demolition of all betel vines and Rs 44,000 balance as additional bonus after completion of boundary wall of the entire project area is being offered. The company plans to set up a green-field steel plant with 13.2 MTPA capacity at an investment of about Rs 55,000 crore with a 900 MW captive power plant, 10 MT cement plant and 12 MTPA jetty at Paradip.

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