In displacement process, besides socio-cultural and environmental impact, economic impact addresses all the vicious circle of standard of living in the host village/resettlement colony. It is difficult to assess actual degree and frequency of losses of their asset as they were settled and had mindset to manage their socio-cultural-economic pattern of life and for future planning. Left with all their assets (land and other immoveable properties), people have been displaced forcibly to a host area (Luhajhar resettlement colony) by TISCO for setting up of a Steel Plant, where they are guests with providing contingency compensation, not complete compensation package. Some researchers have thought about the consequences of displacement, but this study tries to relook its impact from the economic point of view.