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...
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New NAC Bill combines Land Acquisition, Rehabilitation & Resettlement by K Balchand
The United Progressive Alliance government on Friday unveiled its second draft Bill addressing the burning issues of land acquisition as well as rehabilitation and resettlement (R&R). The National Land Acquisition and Rehabilitation and Resettlement Bill, 2011, as recommended by the National Advisory Council, will make it mandatory that gram sabhas are consulted and the R&R package is executed before the acquired land is transferred. Union Minister of Rural Development Jairam Ramesh...
More »NAC, Govt differ over Food Bill by Sreelatha Menon
In the wake of Dreze quitting NAC, Mander vows to fight for changes. Differences between the National Advisory Council (NAC) and the government have come out in the open over the Food Security Bill, which was approved by a Group of Ministers this month. While Jean Dreze, who had earlier quit the working group on food security after recommendations by the members were diluted by the NAC itself, chose to quit the...
More »Tata succeeds, while Posco struggles by Ruchira Singh & Alekhya Mukkavilli
Kalinganagar/Gobindpur: Tata Steel and Posco conceived their high-profile projects in Orissa at around the same time— 2004-05. Both faced similar opposition from land owners and saw long delays in meeting schedules. Tata Steel’s plant is under way with a commissioning deadline of October 2013, while Posco is still stuck at the land-acquisition stage. Nobody really knows when construction will start. In the land-acquisition process—the biggest stumbling block for most new plants—Tata Steel...
More »Ending Indifference: A Law to Exile Hunger? by Harsh Mander
Can we agree in this country on a floor of human dignity below which we will not allow any human being to fall? No child, woman or man in this land will sleep hungry. No person shall be forced to sleep under the open sky. No parent shall send their child out to work instead of to school. And no one shall die because they cannot afford the cost of...
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