VEDANTA

ORISSA MINING CASE

Metal and mining giant Vedanta's Rs. 50000 crore investment in Orissa gets embroiled in a mess of politics and environment activism.

Brief history of Orissa case:-FEB 28 2005-Orissa govt. forwarded the proposal of mine bauxite in Kalahandi (Niyamgiri and lalgegarh) to MOEF.

September 9 2007SC orders a study on the impact of Vedanta mining.

October 5 2007Provisional clearance to granted by MOEF

March 7 2008Rahul Gandhi goes on a four day tour to Orissa and attacks the BJD on its farmers policy.

August 8 2008The supreme court gives approval to sterlite Vedanta pvt. Ltd. To starts projects delayed over protest and land disputes in Orissa.

June 5 2009The company talks to syndicates of banks to raise money for expending its aluminum production capacity in Orissa

July 19 2009Anil aggarwal ,chairman, Vedanta resources plc. Goes public on his strategy on mining and acquisitions.

Feb 9 2009Amnesty international protest against the mine plans.

March 14 2010Orissa's forest and environment Dept. special secretary B.P. Singh says the proposed mining by Vedanta resources jointly with Orissa mining coop. is not in violation of “any act”.

March 16 2010Vedanta want to mine bauxite for its alumina refinery in Orissa but is opposed by tribal and NGO’s.

June 30 2010A new panel to investigate the “specific impact on the livelihood, culture and material welfare” of a local tribal group in Orissa set up.

August 16 2010Govt. panel says allowing Vedanta mining will affects the tribal rights.

August 23 2010Orissa C M Naveen Patnayak meets Prime Minister Man Mohan Singh to end the impasse.

August 24 2010Jairam Ramesh denies permission to mine in Niyamgiri.

August 26 2010Rahul Gandhi visit Niyamgiri to make his “I am your soldier” speech.

STRENGTH WEAKNESS OPPORTUNITIES

THREATS

STRENGTH

Large financial sourceGood political relationsGood social impactLarger than life

experienceCharityOne of lowest cost

producer

WeaknessEntry in untouched areaFailed to convey the message of development

Indulge in state and center politics

Failed to predict the situations

Management failure

opportunities

More than 15 plans for India

DiversificationGreat impact on Indian politician

Became the richest Indian (167000 crore)

Make a place in tribal by social activities

Threats

From politiciansFrom the competitorsFrom societyFrom anti India elementFinancial wastage

Management strategies and approaches

CentralizationContingent approachManagement by objectiveSocial welfareScientific approachAdministrative approachProfit sharing with society

Suggestions

Keep secrecy Improve communication channel

Diplomatic approachSocial welfare for tribalEffective utilization of finance

Efforts made by:-

1.Yogesh paliwal2.Suradeep3.Naveen upadya4.Amrit pal singh5.Sumeet paul6.Devender singh lohan