Analysis of Political Dilimma & Sustainble Dvelopment at Langigarh, Orissa

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ANALYSIS OF POLITICAL

DILIMMA & SUSTAINBLE


DVELOPMENT AT
LANGIGARH ,ORISSA.
Presentation Outline

 Anil Agarwal Profile.


 Vedanta Resources Plc.
 About Niyamgiri and Lanjigarh.
 Legal and Political Battle.
 Sustainable Development Model.
 Will there be SD in Orissa.
 Suggestion to government and Vedanta.
Anil Agarwal.
Name : Anil Agarwal.
Rank : Number 113.
Net Worth : US 6.4 billion Dollars (2010).
Fortune : Inherited and Growing.
Source : Mining‚ metals.
Age : 56 Year.
Country Of Citizenship : India.
Residence : London‚ United Kingdom.
Education : None(High School).
Date of Birth : 1954.
Profession : Businessman‚ Founder and Executive
Chairman UK-based Vedanta Resources .
Family : Spouse(s)‚ Children: 2.
Cont…
 He founded Sterlite Industries in 1976 and Vedanta resources in 1986 to
bring all business together run by Agarwal family.

 He was CEO & MD of Strelite Industry India Ltd , since 24 Years from 1980
to 2004

 Ambitious & Aggressive.

 He Believes in Charity.
Vedanta Resources Plc.
 Vedanta is India’s largest non-ferrous metals and mining company based
on revenues.

 Founded in in Bombay(1976).

 Headquartered in London.

 Currently operate in India, Zambia and Australia, with extensive interests


in aluminum, copper, zinc and lead.

 primarily engaged in copper, zinc, aluminium and iron ore businesses.


Cont…
 Subsidiaries:- Sterlite Industries, BALCO, HZL, Sesa Goa, MALCO, Vedanta
Aluminium, Sterlite Energy, Australian Copper Mines, Konkola Copper
Mines.

 Employ over 29,000 people in the various locations.

 Primary Exchange listing:


London Stock Exchange

 In December 2003, became the first Indian company to be listed on the


London Stock Exchange.

 Net Profit $1.4 Billion (2010).


About Niyamgiri and Lanjigarh.
 The OMC has bauxite mines leasehold over an area of 721.323 hectares in
the Niyamgiri forest. Dongria is tribal cast is habitant to Kalahandi.

 Source of 2000 million mt Bauxite in Orissa.

 It had confronted hungry drought many times and tribal people used to
sold their Childs .

 It is one of the poorest area in Eastern part of Orissa.

 Total tribal population residing within 10 kms radius of project impact


zones of these bauxite deposits is 63742.

 Some plants at Kalahandi District are VAL ,NALCO , Hindustan Aeronautics


Limited , OMC plant.
Legal and Political Battle.
 Vedanta Consistently violating laws and norms at Orissa plant.

 Alumina refinery in its illegal expansion from 1 mtpa capacity to 6 mtpa.

 Vedanta has been providing wrong information regarding production


capacity.

 Violation of FCA, FRA and EPA.

 NC Saxena committee found illegal mines and recommended that Vedanta


must be prohibited from hills.

 There is discrepancy between the court and Saxena report.


Cont…
 Vedanta Dilemma is confluence of legal and political Battle.

 Jairam Ramesh using Environment issue making obstacle to industrial


Development.

 Opposition Leader in Orissa who had demanded a refinery project once


upon time , now opposing to project.

 After Political intervention by other parties , people from tribal cast


raised voice.

 In NiyamGiri, Dongria tribes are labeled as Maoist by district police.



 Some NGO in Lanjigarh running Anti-Vedanta Movement since last 5
years.
Sustainable Development Model.
 Sustainable development is a key part of Vedanta’s strategy and overall
ethos.
Cont…
 Rapid reduction in specific energy consumption like 9% At HZL 28%
Sesa Goa

 Four out of eight subsidiary companies (HZL, Copper India, VAL and Sesa
Goa) are zero discharge sites and ensure 100% recycling and reuse of
water.

 Bio Diversity and Land Management.

 Water and energy Management.

 Over 30,000 full time employees.

 Reduction in employee attrition from 4% last fiscal to 3.7% in FY 2009.


Cont…
 2,300,000 man-hours of training provided to employees.

 1,337 women SHGs and 3,360 farmers supported by Vedanta livelihood


initiative.

 School based Mid-day Meal Nutrition programme for180,000 children.

 30,347 children impacted through our Anganwadi(child care) centres.

 82 NGO partners at regional, national and international level vis-a-vis 72 last


fiscal.
Will there be SD in Orissa?
 Vedanta want to develop Vedanta University as Oxford of Orissa.

 They have set Child Care centers in Orissa.

 In 2004, VAL, Lanjigarh rehabilitated and resettled 118 families from three
villages keeping the fabric of their tradition and culture intact

 Post ITI training, 76 youths from the displaced families were employed
with the company, earning approximately INR 1, 80,000 per annum, 3–4
times their income before advent of VAL

 53 villages of Lanjigarh Block have extensive CSR interventions

 MHU provides primary health service to 32,000+ people in partnership


with the District Health Department
Cont…
 In the first phase of the Vedanta University project, a 500 bed super
specialty hospital and medical college of international standard will be
built.

 Creating green belt around the operation site.

 The Government of Orissa has got ` 350 cr. as compensation from


refinery.

 Wildlife park in Lanjigarh also received ` 12 Cr and Vedanta


spending 10 Cr per year for protection of species in forest.

 They want only two year to implement all the promises.


Suggestions Govt & Vedanta
 Govt of Orissa Should accept the Project by fulfilling all local problem.

 Government must insist to Vedanta to Follow all forest act and not heart feelings of
tribal cast.

 Central Govt should not use every time social, cultural , environmental issue in
such big projects.

 Orissa Govt Should Revise their MoU , if it is possible.

 Vedanta should provide job for those displaced

 Vedanta Should abide by All Forest Law and should not hurt tribal
Culture.
Cont…
 Vedanta Should try to exclude crop like land if possible.

 Specific wild life management plans should undertake by Govt &


Vedanta.

 User Agency should undertake the development of a Green Belt by way of


plantation in all vacant areas within the project.

 Vedanta try to avoid blasting in Lanjigarh plant which is place for


Elephants.

 Vedanta Foundation Should Divert From Developed State to Developing


State.
Save The Real Avatar of India
Prepared & Presented By:-
VIDHAN.
MBA-Finance.
Roll No. 32.

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