(a) whether the Government had granted approval and laid a foundation
stone for setting up an iron factory in Vaisali district;
(b) whether the land acquired for the purpose is a low lying land;
(c) if so, the delay caused so far in raising the level of the said land;
(d) whether the Government proposes to set up the factory on this land
allocated for the purpose of any other land; and
(e) if so, the time likely to be taken in setting up of the said factory?
THE MINISTER OF STEEL (SHRI BENI PRASAD VERMA)
(a)to(c): Yes, Madam. The Board of Directors of the Steel Authority of
India Ltd. (SAIL) accorded ‘in-principle’ approval for setting up of a
Steel Processing Unit (SPU) at Mahnar in Vaishali district of Bihar.
The site survey report indicated that the land acquired for the purpose
is low lying and thus the entire project warranted a review to rework
the financial viability of the project.
(d)&(e): For SPU at Mahnar, presently there is no decision for change of
location/site. The time likely to be taken in setting up of the said
factory can be decided only after the final approval of SAIL Board is
accorded.