The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...

The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

The revised blueprint for land acquisition envisages government retaining its facilitator role Contentious Issues     * Protests are often against land acquisition per se, regardless of compensation     * Most protests are against private builders acquiring land, changing land use. New norms don’t tackle this.     * Poor government track record in R&R does not inspire much confidence; merged bills won’t work for rehabilitation after natural calamities, etc     * Can the government, which...

NEARLY 80 km from Pune is Ralegan Siddhi village with about 3,000 people. It would have been one among the hundreds of nondescript villages in Parner taluk of Ahmednagar district, Maharashtra, had it not been for Kisan Baburao Hazare, 71, better known as Anna, or older brother, a title that was appended to his name after he made the village more than just a dot on the map. Until he was...

Budget 2011-12 and the Scheduled Castes and Scheduled Tribes. THREE decades ago, in the early years of the Special Component Plan (SCP) for Scheduled Castes – very recently renamed inappropriately as Scheduled Castes Sub-Plan (SCSP) – Indira Gandhi on her return as Prime Minister wrote two historical D.O. letters dated March 12, 1980, one to Central Ministers and the other to State Chief Ministers, regarding the SCP in the Central...