Dow in the dumps?
Dow Chemicals may run into trouble with its Indian investments. On August 8, Union Minister of Chemicals and Fertilizer Ram Vilas Paswan met some of the victims of the Bhopal gas leak disaster at their protest site in New Delhi and promised them action against the company. An empowered committee would be formed within two months to oversee the cleanup work at the Union Carbide site, heavily contaminated still, and to look into the compensation and health issues faced by the victims. He assured them that the department of chemicals and petrochemicals would not withdraw its application, seeking advance of Rs 100 crore from Dow Chemicals for cleaning up of the Union Carbide facility, which it has filed in the High Court of Madhya Pradesh.
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