Publication The Economic Times Date 7 th May 2010 Kolkata Page 5, Corporate 1
Publication Business Standard Date 7 th May 2010 Bhubaneswar Page 1 & 3 2
Publication The Financial Express Date 7 th May 2010 Kolkata Page 4, Corporates & Markets 3
Publication The Economic Times Date 1 st May 2010 Kolkata Page 15, Economy 4
Publication The Pioneer Date 12 th May 2010 Bhubaneswar Page 3, State 5
Publication The Pioneer Date 19 th May 2010 Bhubaneswar Page 3, State 6
Publication The Pioneer Date 26 th May 2010 Bhubaneswar Page 2, City 7
Publication Dainik Jagran Date 20 th May 2010 Sambalpur Page 4 Headline Women become self-dependent by Jana Jiveeka Yojana SYNOPSIS: The local women are becoming self-dependent with the help of Jana Jeevika Yojana initiated by Vedanta Aluminium Limited. Basanti Kisan of Brundamal village, who has become financially self-sufficient by the help of the self-help group promoted by Vedanta, has set such an example. Earlier, she used to earn her livelihood by working as a daily labourer along with her three children. After the establishment of Vedanta Aluminium Limited, the agriculture of the area got largely affected and this posed problems for her in getting a regular source of income. She then became a member of a women cooperative society and started a vegetable shop by getting financial assistance from the group. In the meantime, she also received the training on hen-farming and carried out the business with Rs 10,000 loan from Subhalaxmi Cooperative Society. She achieved success in this business too. Now, she is earning more than Rs 7,000 per month and is being regarded as a successful businesswoman of the village. 8
Publication Nav Bharat Date 6 th May 2010 Sambalpur/ Bhubaneswar Page 2 Headline Vedanta folllows direction of District Administration SYNOPSIS: As a part of its Corporate Social Responsibility (CSR) programme, Vedanta Aluminium Limited has extended its support to the District Administration of Jharsuguda keeping in view the water stressed condition due to intense heat. In this line, the company has handed over 5 tankers to the Municipality for the supply of potable water. Executive Officer of the Municipality Mr. Uma Shankar Pattnaik flagged off the water-filled tankers for distribution. He lauded this initiative by Vedanta. The officials of the CSR Department of Vedanta Mr. Swarup Pattnaik, Prabin David and its Public Relations Officer Mr. Pranaya Kumar Satapathy were present at this occasion. 9
Publication Sambad Date 7 th May 2010 Bhubaneswar Page 9, Business News Headline Vedanta provides drinking water in Jharsuguda SYNOPSIS: As a part of its Corporate Social Responsibility (CSR) programme, Vedanta Aluminium Limited has extended its support to the District Administration of Jharsuguda keeping in view the water stressed condition due to intense heat. In this line, the company has handed over 4 tankers to the Municipality for the supply of potable water. Drinking water will be supplied to the locals of the 12 areas under the Municipality through these water tanks. Executive Officer of the Municipality Mr. Uma Shankar Pattnaik flagged off the water-filled tankers for distribution. The company has also set up drinking water kiosks at 35 points in peripheral village localities. Speaking at this occasion, Mr. Pankaj Khanna, Executive Director of VA Lsaid that Vedanta is committed for the people of Jharsuguda. Besides extending all possible support to the District Administration to fight against the current water crisis we have taken up initiatives to built up temporary drinking water kiosks at various points and have started up repair works of defunct Tube wells in both Rural and JSG town area in a major way. We have provided with Drinking Water tankers to the municipality for distribution of safe drinking water. The officials of the CSR Department of Vedanta Mr. Swarup Pattnaik, Prabin David and its Public Relations Officer Mr. Pranaya Kumar Satapathy were present at this occasion. The employees of the Municipality and local people were also present at this occasion. While the people of the area are facing intense water scarcity, this initiative of Vedanta was lauded by the locals. Tube well repair work has been undertaken by the company at villages and town area. Till date, 46 nos have been repaired in village area and 36 in town area. It will continue for two months. 10
Publication Sambad Date 25 th May 2010 Bhubaneswar Page 6 Headline Industrialisation and dream for development Third Party Article By Mr. Rabindra Kumar Pattnaik SYNOPSIS: Odisha, which was earlier being recognized as a state with rampant labour trafficking, is still being considered as a poor state and its per capita income is still below the standard. The main reasons of this backwardness are unemployment, dependence on agriculture, profitless agricultural income and tardy progress of industrialization. Development, as per the modern economy, is being hindered due to the excess in the number of people depending on agriculture than industries. Rapid industrialization helps in economic growth and increase in personal income. But industrialization doesn t mean an end to agricultural activities. It may be noted that in the developed countries, the number of people depending on agriculture is limited to 20% of the total population. It is a historical truth that world economy was based on agriculture prior to industrial revolution. But the trend of industrialization in the developing countries is quite different. In this context, the proposals for vast amount of investment in the industrial sector have raised new hope for the intellectuals and policy-makers of Orissa. But it is to be noted here that most of the industrial projects proposed in the State are mines-based and are steel, aluminium and power projects which are dependent on minerals like iron ore, bauxite and coal, which are abundantly available in Orissa. Moreover, the state also has required infrastructures like transportation facilities and water. There is an increase in demand for steel, aluminium and power in the market. So, it is natural that the State would get proposals fro projects in these sectors. Earlier, the minerals from Orissa were being exported to other states and the state was only getting minimal royalty and was being deprived of the profit. So, the mines-based projects should be welcomed in the State. Industrialization has twofold benefits including both personal and general. At the personal level, it gives rise to employment opportunities, hence increasing personal income level. Industrialization also helps in increasing the revenue of the State. The major portion of the proposed investments in the State is for steel, aluminium and power projects and these industries always look forward to mechanical advancement. As a result, the establishment of such industries is highly expensive and less leabour-oriented. Thus, the cost of human resources is gradually lessening. So, there are more employment opportunities in the medium and small scale industries as compared to the mega industrial projects. But from the context of business, mega industries are more profitable. However, the establishment of the mega industries should not only focus on the increase in per capita income, rather it should target at minimizing the number of people living below the poverty line. As industrialization is very important for the development of the state including rise in employment opportunities and the state revenue, the State should adopt a new means to maintain a balance. The State should form a State Development Fund which would run with the profit from the minesbased industries. The Fund should get 10% of the Operation Profit every year. This fund would control the adverse impacts of industrialization and take care of the problems pertaining to displacement, pollution, law and order and damage of the roads due to industries. Besides, many developmental activities can be undertaken by this fund. There is a need for change in the legal norms to execute such a plan. 11
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Publication The Samaya Date 6 th May 2010 Bhubaneswar Page 7 Headline Vedanta starts water supply SYNOPSIS: As a part of its Corporate Social Responsibility (CSR) programme, Vedanta Aluminium Limited has extended its support to the District Administration of Jharsuguda keeping in view the water stressed condition due to intense heat. In this line, the company has handed over 4 tankers to the Municipality for the supply of potable water. Executive Officer of the Municipality Mr. Uma Shankar Pattnaik flagged off the water-filled tankers for distribution. Speaking at this occasion, he said that other corporate houses should also follow Vedanta s example and come forward to solve the problems of the locals. The officials of the CSR Department of Vedanta Mr. Swarup Pattnaik, Prabin David and its Public Relations Officer Mr. Pranaya Kumar Satapathy were present at this occasion. This initiative of Vedanta was lauded by the locals. 13
Publication The Samaya Date 12 th May 2010 Bhubaneswar Page 5 Headline Vedanta starts potable water supply SYNOPSIS: As a part of its Corporate Social Responsibility (CSR) programme, since the beginning of this Summer Season, Vedanta Aluminium Limited has extended its support to the District Administration of Jharsuguda on the Drinking water distribution Programme, keeping in view the water stressed condition in the region due to intense heat. Spearheading the Drinking water Campaign this Season, Vedanta Aluminium provided the Block Office Jharsuguda another Tube well repair van to make Good the defunct Tube-wells of the block areas. The van was ceremoniously flagged off by Mr. Rajendra Patel Asst. Block Development Officer, Jharsuguda and Mr. Shivanand Mohanty, Head PRO VAL Jharsuguda from the premises of block office, today here at Jharsuguda. Mr. Patel Lauded Vedanta s effort for extending the timely support and said, I thank Vedanta for its whole hearted involvement. 14
Publication The Samaja Date 20 th May 2010 Sambalpur Page 8 Headline Success story of self-dependence: Basanti Kisan SYNOPSIS: While rapid industrialization has given rise to many problems like displacement, loss of land and vocation, Basanti Kisan of Brundamal village has set an example of being successful and independent. Basanti, having a family of her husband and three children, had to depend on daily wage which was not sufficient to run the family. After the land acquisition by Vedanta Aluminium from her village, her problems increased and she faced problems in getting regular work. Basanti then tried to earn livelihood for her family by opening a small vegetable shop. But she again faced troubles in getting investment resource. In such a situation, Vedanta Aluminium Limited extended the hand of support and she became the member of a self help group under the Vedanta Integrated Jana Jeevika Yojana. She received finance assistance from Shubhalaxmi Cooperative Society and started her vegetable shop. Her business started running smoothly as she got the required financial assistance. Currently, she is earning more than Rs 1,000 per day. Vedanta Integrated Jana Jeevika Yojana had also provided vocational training to her for hen-farming. She has also started this business after getting Rs 10,000 as loan from Shubhalaxmi Cooperative Society. With her strong will-power and hard work, she has paid the loan and now has started a grocery shop with Rs 20,000 loan from the Society. Now, her monthly income has gone up to more than Rs 7,000. Basanti mentions that she has achieved this success and is now being able to enhance the financial standard of her family due to the help of the financial assistance and training from Vedanta Integrated Jana Jeevika Yojana. 15
Publication The Samaya Date 23 rd May 2010 Bhubaneswar Page 9 Headline Vedanta organizes free mega health camp SYNOPSIS: With the objectives of creating health awareness and providing medical check-up to villagers, a mega health camp was organized by Vedanta Aluminium Limited, at Harekrushnapur, near Lanjigarh on May 21, 2010. More than 450 villagers benefited in the health camp, which was organised in association with Lanjigarh Govt Hospital. Patients with different ailments were treated by doctors of Vedanta Aluminium and Government hospital, Lanjigarh. Prescribed Medicine was provided free of cost after health check-up by doctors. Patients from 6 villages such as Raghunathpur, Nangalbeda, Mohanguda, Patrapada, Kutingpadar and Harekrushnapur attended the camp. For more participation, the CSR team of the company had announced people earlier about time and venue of the camp through. In addition to health check up, special effort was made to improve awareness about health and hygiene among the tribal. 16
Publication The Samaya Date 26 th May 2010 Bhubaneswar Page 6 Headline Vedanta organises summer education camp SYNOPSIS: In bid to develop primary education in the peripheral villages, Vedanta Aluminium Limited, Jharsuguda Project has taken up Project Prayas in the villages like Brundamal, Bhurkamunda, Kureibaga, Bambari, Katikela and Baghiamal. The company has made provisions to impart qualitative development to the children in the age group of 6-14 years under this project. Two teachers for each village have been appointed under this project to teach more than 400 children. While the schools are closed in the summer vacation, the students are getting facility to study at these education camps from morning 6 to 8. The students are being able to be in touch with education even during the vacation through this camp and they are enjoying the study as the camp has the provision for many other activities along with the study. Informing about this initiative, the Officer of the CSR Department, Vedanta Aluminium Limited, Ms Renuka Singh has said that the project has plans to organize inter-village competitions towards the end of the camp. These camps have generated interest towards education and study among the children and are helping in their intellectual development. The parents and villagers have welcomed this initiative of Vedanta. 17
Publication Sambad Date 6 th May 2010 Sambalpur/ Bhubaneswar Page 5 Headline Vedanta organises training camp on cultivation of flower and vegetables NEWS CLIPPING SYNOPSIS: Vedanta Aluminium Limited, which is carrying out its Vedanta Asha programme for women empowerment and development of the Women Self Help Groups in Laikera and Kirimega areas, has organized a training camp on commercial vegetable and flower cultivation. 53 members from different SHGs participated in this camp. Speaking at this occasion, the Chief of the CSR Department of VAL Mr. Virgil Lakra and Mr. Nirendri Biswal said that Vedanta will extend both technical and financial support towards this programme. 18
Publication Sambad Date 11 th May 2010 Sambalpur/ Bhubaneswar Page 5 Headline Vedanta starts potable water supply SYNOPSIS: As a part of its Corporate Social Responsibility (CSR) programme, since the beginning of this Summer Season, Vedanta Aluminium Limited has extended its support to the District Administration of Jharsuguda on the Drinking water distribution Programme, keeping in view the water stressed condition in the region due to intense heat. Spearheading the Drinking water Campaign this Season, Vedanta Aluminium provided the Block Office Jharsuguda another Tube well repair van to make Good the defunct Tube-wells of the block areas. The van was ceremoniously flagged off by Mr. Rajendra Patel Asst. Block Development Officer, Jharsuguda and Mr. Shivanand Mohanty, Head PRO VAL Jharsuguda from the premises of block office, today here at Jharsuguda. Mr. Patel Lauded Vedanta s effort for extending the timely support and said, I thank Vedanta for its whole hearted involvement. 19
Publication The Samaja Date 11 th May 2010 Sambalpur/ Bhubaneswar Page 3 Headline Vedanta starts potable water supply SYNOPSIS: As a part of its Corporate Social Responsibility (CSR) programme, Vedanta Aluminium Limited has extended its support to the District Administration of Jharsuguda keeping in view the water stressed condition due to intense heat. In this line, the company has taken up measures to repair the defunct tube wells in the project affected areas. Spearheading the Drinking water Campaign this Season, Vedanta Aluminium provided the Block Office Jharsuguda another Tube well repair van to make Good the defunct Tube-wells of the block areas. The van was ceremoniously flagged off by Mr. Rajendra Patel Asst. Block Development Officer, Jharsuguda and Mr. Shivanand Mohanty, Head PRO VAL Jharsuguda from the premises of block office, today here at Jharsuguda. Elaborating some of the activities, Mr. Mohanty said that as a part of Tube well Repair work so far over 45 tube-wells in VAL Peripheral Villages and 50 tube-wells in Municipal areas have already been repaired and made functional. 20
Publication The Samaya Date 19 th May 2010 Bhubaneswar Page 7 Headline Vedanta provides drinking water in Bhawanipatna SYNOPSIS: Vedanta Aluminium Limited has extended its support to the District Administration to provide potable water in the areas facing water scarcity in Bhawanipatna. As a part of its CSR programme, Vedanta Aluminium has started supplying drinking water in different areas of the city through two tankers. This programme will continue till the end of the summer season, as informed by the Assistant Manager of the Public Relations Department of Vedanta Mr. Sanjay Kumar Sahoo. He also informed that the company is also providing water to the locals of the peripheral villages by setting of 22 drinking water kiosks. 21
Website Orissadiary.com Date 11 th May 2010 Headline Foundation Stone laid for construction of bridge at Orissa s Lanjigarh NEWS CLIPPING A foundation stone for construction of a High Level bridge over Banshadhara River has been laid at Lanjigarh by Dr. Mukesh Kumar, Director, LPADF on May 11, 2010. The long-awaited bridge is being constructed by Lanjigarh Project Area Development Foundation (LPADF) a special purpose vehicle by Government of Orissa, Orissa Mining Corporation and Sterlite Industries. Mr. Sridhar Pesnia, Ex-Vice-Chairman, Lanjigarh; Mr. Chandradhwaja Pesnia, Ex-Sarpanch, Lanjigarh; Mr. Trinath Mahakud and Mr. Bibhuti Bhushan Kumar were also present during the occasion. Local MLA, Sibaji Majhi, though consented to be the chief guest of the program, could not attend due to his preoccupation. The project worth Rs. 66 lakhs will connect Lanjigarh with Jagannathpur and other tribal villages in the locality. This development has been embraced with joy by the people of the area, as this will go a long way in improving the lives of the people in the locality by facilitating communication. "This was a long-standing demand for people of Lanjigarh. We welcome LPADF for taking up this project, which will connect Lanjigarh with K.Singhpur and Rayagada," said Mr. Sridhar Pesnia, Ex-Vice- Chairman, Lanjigarh. Addressing the gathering, Dr. Mukesh Kumar, Director, LPADF from Sterlite Industries said, The Bridge is very important for connecting tribal villages with Lanjigarh and this would be completed by August 2010. The LPADF, he informed, has lined up several development projects in the areas of health, education and infrastructure for development of Lanjigarh area. Lanjigarh Project Area Development Foundation (LPADF) is a special purpose vehicle formed, as per Supreme Court s Order by Government of Orissa, Sterlite Industries India Limited (SIIL) and Orissa Mining Corporation (OMC). The LPADF would dedicatedly take up development project in 50 km radius around Vedanta Alumina Refinery Project at Lanjigarh. Sterlite Industries will deposit 5% of the profit or Rs. 10 Crore - whichever is higher - from the project for local area development with this special purpose vehicle. Link: http://www.orissadiary.com/showdistrictnews.asp?id=18404 22
Website Orissadiary.com Date 21 st May 2010 Headline Vedanta Organizes Free Mega Health Camp in Orissa s Lanjigarh With the objectives of creating health awareness and providing medical check-up to villagers, a mega health camp was organized by Vedanta Aluminium Limited, at Harekrushnapur, near Lanjigarh on May 21, 2010. More than 450 villagers benefited in the health camp, which was organised in association with Lanjigarh Govt Hospital. Patients with different ailments were treated by doctors of Vedanta Aluminium and Government hospital, Lanjigarh. Prescribed Medicine was provided free of cost after health check-up by doctors. Patients from 6 villages such as Raghunathpur, Nangalbeda, Mohanguda, Patrapada, Kutingpadar and Harekrushnapur attended the camp. For more participation, the CSR team of the company had announced people earlier about time and venue of the camp through. Dr. Manoranjan Rout, Pediatric Specialist from Rayagada, Dr. Bikash Praharaj, Medical Officer, Lanjigarh Hospital and Dr. Akshaya Sahoo, Sr. Medical Officer, VAL managed the Camp. Local village head Harekrushna Joshi assisted in organizing the camp. In addition to health check up, special effort was made to improve awareness about health and hygiene among the tribal. Through medical outreach programs Vedanta Aluminium has been providing health services at the doorstep of people in remote villages, who are deprived of healthcare. In addition to regular health check camps, the company also runs mobile medical units to provide basic health services. At present the company covers 112 villages under its outreach health program. Link: http://www.orissadiary.com/showbussinessnews.asp?id=18614 23