Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...
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Sugar supplies in the bag as panic ends by Robert Plummer
Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...
More »Environmental Challenge by Ramachandra Guha
Thirty years ago, a department of environment was set up in the Central government; 25 years ago, this was upgraded into a full-fledged ministry of environment and forests. As we mark these anniversaries, it must be said that the ministers in charge of this ministry have generally been incompetent, or malign, or both. Some might make an exception for Maneka Gandhi, who was minister of state for the environment between...
More »$150m fund for out-of-box Innovations by Charu Sudan Kasturi
India is setting up a $150-million corpus using funds from the World Bank, European Union and the UK government’s Department for International Development to hatch innovative strategies to universalise secondary education. Called the National Innovation Fund, the corpus will provide financial support to out-of-the-box projects for which budgetary funds cannot be used because of the risk of failure, top government officials have told The Telegraph. “Think of the fund like a...
More »Food security not by food alone
Politics runs the risk of being reduced to the art of the passable — it has to be approved by the legislature, by the omniscient television anchors, by sulking editorial writers forced to cede ground to the TV anchors, and, most crucially , by Sonia Gandhi. The food security Bill was drafted for Ms Gandhi’s favour and has been shafted by her displeasure. Food security, hostage, in any case, to...
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