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The Korean steel corporation Posco has offered an assured market for dried fish to about 140 fishing families who will be displaced if they sell their land for a new plant in the Jagatsinghpur district of Orissa, India.
The guarantee that the families could sell the dried fish – to companies in Korea – is in addition to financial compensation. Posco said it would train the displaced fishermen to produce the dried fish as part of what it sees as its social responsibility to help those displaced.
It intends to make a similar offer to betel vine cultivators in the area. The offers are Posco’s answer to the stiff resistance it is facing from people who will lose their land if the building goes ahead.
Posco said about 160 families on the periphery of the project had accepted the offer.
The guarantee that the families could sell the dried fish – to companies in Korea – is in addition to financial compensation. Posco said it would train the displaced fishermen to produce the dried fish as part of what it sees as its social responsibility to help those displaced.
It intends to make a similar offer to betel vine cultivators in the area. The offers are Posco’s answer to the stiff resistance it is facing from people who will lose their land if the building goes ahead.
Posco said about 160 families on the periphery of the project had accepted the offer.
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