POSCO environment clearance mere formality

POSCO environment clearance mere formality Dhananjay Mahapatra | TNN New Delhi: This is as big as it gets. To be precise, it is Rs 60,000 crore of foreign direct investment in Indian projects. The inflation-flogged industrial sector was cheered up on Friday by the Supreme Court, which greenlighted the start of work at the much-delayed Rs 55,000 crore steel plant by Korean chaebol Posco and the stalled Rs 5,000 crore alumina refinery by the Sterlite group