The inter-ministerial panel constituted by the Odisha Government to formulate a suitable raw material linkage policy may submit its report before 15th of July. The extended tenure of the panel has already been expired on 30th of June, but the panel has asked another 15 day extension for submitting its report.
“We have already finalized the report and it is in the printing state. We have asked for another 15 days time from the government, but I am hopeful that the report will be submitted well before 15th of this month” said Rajnikant Singh, Steel and Mines Minister, Government of Odisha, who is also a member of the panel.
The Odisha government had formed the 3 member panel headed by the finance minister Prasanna Acharya, in October last year with an aim to find out measures for making iron ore, manganese, bauxite and chrome ore available to the mineral based industries, which do not have captive mines. The panel, which also includes the industry minister Niranjan Pujari, was initially scheduled to submit its report by January 30, 2013, but later the tenure was extended till April 30 and then again till June 30.
The submission of the report of the panel is crucial as the stand alone steel plants in the state are facing raw material scarcity problem. Similarly, in the Alumunium sector,Vedanta Aluminium had to shut down its plant at Lanjigarh due to non availability of Bauxite.