Ranchi, March 26: Differences in opinion between the state and mega-sector investors over the draft rehabilitation and resettlement (R&R) policy may delay commissioning of the projects in Jharkhand.

The industry department has received several “suggestion” from Tata Steel, JSW Steel Limited and Jindal Steel and Power Limited, among others, which are against certain clauses in the policy.

The investors are reportedly unhappy over a clause asking them to hand over 50 per cent of a government-appointed administrator.

Though ArcelorMittal has not submitted its suggestions, a senior representative of the company said: “All of us are not all in favour of depositing 50 per cent of the rehabilitation package money to an administrator appointed by the Governor. When we would be providing houses to the displaced, meeting transportation costs and purchasing land at hefty market prices, why should we give the money to a government administrator?”

They have also asked the government to frame a foolproof guideline to determine the market price of private land to be purchased by them. They are also unwilling to agree to the clause of public hearings for social impact assessment.

“There is a difference between the market price of a plot and the cost fixed by the government,” said chief executive officer of JSW Steel Limited R.P. Singh. He said public hearings are apt platforms for vested interests to create trouble. The companies are in favour of defining a family as per the Land Acquisition Act and not segregating them as units consisting of a father, mother and two children.