The government of India is still in dilemma on the issue of SEZs. The disorganized policies and poor implementation process at ground level is giving the sign of premature death of the concept of SEZ in India.

As I earlier had named the policy of SEZ as nothing but Developmental Terrorism here, that is being transformed as the battle for lands. The nation saw the reaction of innocent farmers against the government decision of taking farmer’s land to establish industrial zone at Nandigram.

The government both at central level and on the state level has been, it seems, have failed to deliver the original concept of SEZ to the Indian people. Now, the result for the failure of the government policy on this and delaying the running projects has started coming. The South Korean steel major, Posco, is ready to give first blow to the government.

According to a report, Posco is planning to shift its focus to Vietnam. It had proposed to establish a $1 billion steel plant at Ba Ria-Vung Tau in August 2006. The company has aimed to put up the plant in two phases for hot and cold rolled coils by 2012 with an annual production target of three million tonnes of steel.

Earlier, the company showed interest to set up a $12 billion 12-mtpa steel plant near Paradeep in Orissa.

It was being said as the biggest Greenfield project in the world.

On this report, a senior official said that Posco is showing great impatient. It may not wait too long. Both the Centre and state governments are trying hard to to push the Posco case.

But, Posco is not going to believe on the state government. The Company is watching that the ground reality of the protracted resistance is completely different from government’s saying on the matter

The report says further that the government is still not able to enter the area though some portion of the estimated 4,000 acre required for the project.

The land has been technically acquired and handed over for the plant. Kalinganagar, Singur and now Nandigram incidents have made the problem worse than ever.

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