<p>"I don't know much about Vedanta, but yesterday's development will not undermine India's image as investment friendly nation," Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters after inaugurating an exhibition-cum-sale organised by the Central Cottage Industries Corp here.<br /><br />In a big blow to Vedanta Resources, yesterday, the government had rejected environment clearance to company for bauxite mining for the USD 1.7 billion aluminium project in Orissa.<br /><br />The government took this decision after accepting recommendations of the Forest Advisory Committee (FAC) headed by N C Saxena which sought ban on the mining project in Orissa's Niyamgiri hills in view of various violations at the site.</p>
<p>"I don't know much about Vedanta, but yesterday's development will not undermine India's image as investment friendly nation," Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters after inaugurating an exhibition-cum-sale organised by the Central Cottage Industries Corp here.<br /><br />In a big blow to Vedanta Resources, yesterday, the government had rejected environment clearance to company for bauxite mining for the USD 1.7 billion aluminium project in Orissa.<br /><br />The government took this decision after accepting recommendations of the Forest Advisory Committee (FAC) headed by N C Saxena which sought ban on the mining project in Orissa's Niyamgiri hills in view of various violations at the site.</p>