Hypertension and diabetes seem to be rampant in two of India's most modern metropolises, Bangalore and Chennai. Union health minister Ghulam Nabi Azad said under his department's programme to test people for the twin diseases, 14% and 21% were found to be suffering from diabetes and high blood pressure, respectively, in Banglaore. In Chennai, out of 3 lakhs tested, 50,000 were found to be diabetic and another 60,000 hypertensive. Azad described the...
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MFIs: Still in the doldrums by Shruti Sarma
MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...
More »Can Posco Cross the India Barrier? by Prince Mathews Thomas
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...
More »Widespread Graft Is Found in India’s Iron Ore Mining by Lydia Polgreen
Illegal iron ore mining involving hundreds of Indian officials and powerful politicians has devastated local communities in the southern state of Karnataka and cost its treasury more than $3.5 billion in revenue, according to a scathing report by an official anticorruption panel that was released on Wednesday. “In the illegal mining and irregularities committed in the export of iron ore, we have found the involvement of some 100 mining companies,...
More »In no man's land by Vikhar Ahmed Sayeed
Karnataka: The report of the Task Force on encroachment of government land is likely to suffer a silent death. IT was clear to V. Balasubramanian, the Chairman of the Task Force for Recovery of Public Land and its Protection, when he submitted his report on encroachment of government land that it would ruffle quite a few feathers in the political and bureaucratic echelons of Karnataka. What he was unprepared for...
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