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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Rs 20 crore public money spent on Mayawati's home by Pervez Iqbal Siddiqui & Pankaj Shah
Dalit leader Mayawati spent Rs 20,12,60,000 of public money over the past one year to renovate her bungalow at 13, Mall Avenue, in Lucknow. She needs Rs 2 crore more. Recently, Mayawati moved out of the chief minister's official residence and shifted to her home, ostensibly because she considers 13 to be her lucky number. The Rs 20 crore was spent from the chief minister's contingency fund, according to the supplementary...
More »Sheila ki nishani: All Rs 100 cr CWG projects cleared by her by Raman Kirpal
The centre of the Commonwealth Games (CWG) scam has shifted from Suresh Kalmadi to Sheila Dikshit, the high-profile Delhi Chief Minister who brought the Congress electoral victory three times consecutively in the capital. And it’s not only because the BJP is demanding her head in return for offering BS Yeddyurappa’s in Karnataka. Two reports on the conduct (or misconduct) of the Commonwealth Games — one by VK Shunglu and another by the...
More »UPA's image hit as corruption, scams rise by Yogendra Yadav
In this Independence Day week, State Of The Nation brings you an exclusive opinion poll across 20 states with 18,000 respondents. Corruption and scams are perhaps the biggest talking point at the moment and have clearly hurt the UPA Government. The results of the CNN-IBN-CNBC-TV18 State of the Nation Poll in association with Forbes India conducted by CSDS confirm what has been suspected - that the UPA's image has taken...
More »Media houses stall Wage Board recommendations by Bala Murali Krishna
-The Hoot Scores of journalists and non-journalists, governed by the respective statutory Wage Boards, are up in arms against the alleged ‘malicious campaign’ unleashed through the Indian Newspapers Society (INS) by a few Media Houses opposing the recommendations of the latest Justice G.R.Majithia Wage Board constituted by the Centre. They are awaiting with bated breath the verdict of the Supreme Court bench that had, on July 18, 2011, informally directed the...
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