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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Results of Annual Health Survey Conducted in Nine States
-Press Information Bureau Bageshwar in Uttarakhand has reported minimum Crude Birth Rate (CBR) of 14.7 while Dhemaji in Assam has reported the Minimum Crude Death Rate (CDR) of 4.5 as per the findings of the Annual Health Survey (AHS) in 284 districts of nine states. The survey results were released by Secretary, Health & Family Welfare Shri K. Chandramouli at a press conference in New Delhi today in the presence of...
More »A Dictator for India's Bourgeoisie by Manu Joseph
There are times when fathers and sons say the same things. In 2008, days after terrorists from Pakistan massacred scores of people in Mumbai, a group of affluent young couples met for dinner. They work in large corporations, hold university degrees from the United States and England, subscribe to The Economist and even read it. But it was inevitable that when the men started talking about how the Indian government was too...
More »Horror show on TRP street by Sanjay K Jha
The Centre today took the extraordinary step of advising media to be “responsible” and not to “demonise” a different point of view, reflecting an assessment that the prevailing sense of drift was severely affecting legislative and administrative processes. Three senior cabinet ministers — Salman Khurshid (law), Kapil Sibal (telecom) and Ambika Soni (information and broadcasting) — appealed to the media to put things in perspective instead of sensationalising every issue without...
More »Skepticism Over India’s Anticorruption Bill by Lydia Polgreen
After a four-decade battle, Indian lawmakers took the first formal step toward creating an independent anticorruption agency on Thursday, introducing a bill in Parliament that would appoint a powerful ombudsman, or Lokpal, to investigate wrongdoing by government officials. But the draft of the law, which exempts the prime minister, members of Parliament and many other officials from the Lokpal’s jurisdiction, was roundly rejected by many of the people who had...
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