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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Posco MoU renewal under cloud of uncertainty
-The Business Standard Steel maker yet to submit its written response. The renewal of Memorandum of Understanding (MoU) between the Orissa government and Posco India continues to be mired in uncertainty with the company yet to officially respond to the MoU renewal draft sent by the government one month back. The renewal of the pact for a 12 million tonne steel project in the state by the South Korean company that expired on...
More »In their voice by Ajoy Ashirwad Mahaprashasta
CGNet Swara in Chhattisgarh is a mobile radio platform that has helped bring tribal issues to national attention. MAHADEV SINGH, a Baiga tribal person, hails from a village situated atop a forested hill near Bilaspur, Chhattisgarh. While most of the neighbouring villages are electrified and welfare schemes from the government reach them to an extent, Mahadev's village has lost out in this regard owing to its inaccessibility. Mahadev and his...
More »Then There Were Three by Anuradha Raman
Poor, pregnant with third child? Even the state’s giving up on you. Why Less For More * The ministry of health and family welfare wants to target poor, pregnant women with more than two children, take away entitlements and benefits * Critics say the two-child norm will severely restrict the number of beneficiaries of the Janani Suraksha Yojana scheme. The scheme, launched in 2005, has been a great success. *...
More »Aruna Roy, social activist interviewed by Shoma Chaudhury
The Lokpal Bill is in danger of skidding off the rails. As it is introduced in Parliament, eminent activist Aruna Roy tells Shoma Chaudhury why we should not rush into it. THE LOKPAL BILL is now being debated in Parliament, almost 40 years after the idea was first mooted. Unfortunately, parented on one side by decades of wilful government inertia and, on the other, by the panicked hustle of ‘Team...
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