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Why AM/NS Steel Project Moved From Odisha To Andhra
For now, Odisha has missed the opportunity of scripting new history in steel making. ArcelorMittal Nippon Steel India, a JV between ArcelorMittal and Nippon Steel, established in December 2019 after acquiring Essar Steel ambitious plan of setting up 12-MTPA steel plant in Kendrapara, Odisha may not fructify it seems according to knowledgeable sources. Reason: Land acquisition issue. Since March 2021 the Odisha government has been moving at a snail’s pace over land acquisition compared to Andhra Pradesh CM Chandrababu’s proactive approach. AM/NS India shifted its steel investment to neighbouring Andhra Pradesh as it feels very confident in the leadership of the chief minister Naidu who is part of the NDA dispensation. It is learnt that Naidu’s son and IT Minister Nara Lokesh played a pivotal role to persuade Aditya Mittal, Lakshmi Mittal’s son, to move the steel plant to Andhra — with whom he has been engaged since 2018. His constant follow-up with Aditya by guaranteeing him quick land allotment and special status seems to have tilted in Andhra’s favour. Reportedly, AM/NS was forced to take this decision as nothing moved from 2021 between BJD and the current BJP government. AM/NS India is initially establishing 7.3 MTPA steel plant in Anakapalli district, Andhra Pradesh as part of its plans to set up a state-of-the-art integrated steel plant in Rajayyapeta involving an investment of Rs 147,162 crore (Rs 61,780 crore in phase I and Rs 85,382 crore in phase II). Earlier, Sajjan Jindal group JSW’s electric vehicle also shifted out of Odisha to Maharashtra. It’s about time the Majhi government woke up and smelled the coffee. 

TRENDS & VIEWS

Editor’s Note: Short Post Is Here To Stay…

Time, they say, flies—and how true that is. Here we are celebrating our 5th Anniversary. Five years ago, when Covid-19 was wreaking havoc across the globe, I took a leap of faith and launched Short Post, India’s first website for Authentic Gossip. That was on January 31, 2021. I was convinced there was a clear gap in the market for gossip that was credible, sharp, and impactful—especially if told in just 250 words.

In this, I was fortunate. Scores of senior editors across diverse verticals bought into the idea and, in the process, gave wings to my dream. Quite honestly, Short Post could not have crossed these milestones without the unflinching support of its contributing editors. Like all start-ups, we have seen our share of ups and downs, but these editors have stood by us like a rock. I take this opportunity to doff my hat to them.

Thanks to their commitment, we have published close to 5,000 stories spanning politics, business, entertainment, and sports. I say this with pride: we made our mark as people who matter read us. “Small packs, big impact” truly captures the essence of Short Post.

We all know that Covid-19 has reset businesses worldwide, and the media sector is no exception. In the post-Covid era, investors have become more cautious and selective—and advertisers too. To compound matters, the entry of AI has disrupted the media landscape in equal measure. So far, we have managed to hold our ground, hopeful that some angel investors will take a shine to us.

What gives me confidence is this: AI cannot smell news—especially the gossipy kind. In other words, AI cannot churn out Short Post-type stories, no matter the prompt. That puts us in a safe zone. As someone rightly said, “AI is a co-pilot, not a pilot.”