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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HRD ministry seeks Rs 45,000 cr every yr to implement RTE by Chetan Chauhan
The HRD ministry has sought Rs 45,000 crore every year from the next financial year to implement the watershed Right To Education law. It is almost double than what the ministry had received for elementary education in the 11th five year plan. In a presentation made to the Planning Commission for 12th five year plan starting from 2011-12, the ministry complained that although Rs 1.84 crore was allocated for elementary education...
More »CAG sees fraud in transfer of Central funds to UP by Atiq Khan
Even as the Opposition parties' allegations of financial bungling in implementation of the National Rural Health Mission (NRHM) in Uttar Pradesh have pushed the Bahujan Samaj Party regime on the back foot, the Comptroller and Auditor General of India (CAG) has warned that direct transfer of funds from the Central Government to the State's implementing agencies is “fraught with the risk of their improper utilisation by these agencies”. The CAG report...
More »MPs demand more wages for MGNREGS workers by K Balchand
Members of Parliament, cutting across party lines, have demanded an increase in the wages and workdays of the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme, one of the flagship programmes of the UPA government, so as to insulate them from the galloping inflation. The demands were made by the members, including those of the ruling Congress-led ruling coalition, at a meeting of the parliamentary consultative committee on the...
More »Green challenges by Praful Bidwai
Jairam Ramesh's removal as Environment Minister creates uncertainties for domestic environment policy and the deadlocked global climate talks. WHATEVER one may think of its overall impact, the recent Cabinet reshuffle was not exactly a damp squib. Its single most important component was Jairam Ramesh's replacement as the Minister of State with independent charge in the Ministry of Environment and Forests (MoEF) by Jayanthi Natarajan, a relative political lightweight with very little...
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