Tuesday, January 25, 2011

Uncertain Vedanta fate takes it toll on ancillary units

The Pioneer, Jan 26, 2011
PNS, BHAWANIPATNA

With an aura of uncertainty looming large over the Vedanta Aluminium Ltd (VAL) at Lanjigarh in the district here, everyone is in a state of dilemma, starting from the contractors, shopkeepers, businessmen and vehicle owners.

Reports said that Vedanta' s COO Dr Mukesh Kumar had informed the local contractors and vendors on December 31 that the Lanjigarh-based VAL was going to wind up very soon as it is not viable for them to run the industry with no chance of mining here.

The message of Mukesh was informed to mediapersons by the ancillary unit owners, vendors and contractors of Lanjigarh, Biswanathpur, Muniguda and Ambadola at a Press conference held at Lanjigarh on Tuesday where all of them vented their plights on the uncertain future one by one before the media.

They threatened to take to the streets and commit suicide if their problems were not resolved by the Government and district administration.

They also submitted a memorandum to Kalahandi Collector Roopa Mishra on January 8 in presence of VAL commercial head Rajesh Mahata. According to reports, the businessmen have availed loans from different banks, private finance companies and open market to run their business.

All the members of the contractors' union, labour union, business association and truck owners' association were present at the Press conference.

Earlier it was assured by VAL that the Vedanta project would flourish and simultaneously the ancillary units will also get the best benefits out of it as an advertisement was published on behalf of the joint hands of Vedanta and District Industry Center (DIC) for setting up ancillary units at Lanjigarh.

Accordingly, they had all planned to establish their respective units at Lanjigarh while the prevalent uncertainty has caused them sleepless nights.

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