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India Deals Face a Reckoning by Geeta Anand

Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...

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Risky tack on climate change

Environment minister Jairam Ramesh will fly out to Cancun tonight, as will his counterparts from their respective countries. The ministers will try to draft a collective action plan to save the world from the debilitating effects of climate change. However, the lack of excitement in the run-up to the meet indicates that a deal is unlikely; quite unlike the expectations preceding 2009’s meeting in Copenhagen organized under the United Nations Framework...

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Welcome to the Matrix of the Indian state by Siddharth Varadarajan

The Radia tapes reveal the networks and routers, the source codes and malware that bind the corporate and political establishments in India. As squeamish schoolchildren know only too well, dissection is a messy business. Some instinctively turn away, others become nauseous or scared. Not everyone can stomach first hand the inner workings of an organic system. Ten days ago, a scalpel — in the form of a set of 104 intercepted...

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Agreement on new emission cut regime unlikely at Cancun by Meena Menon

The sights are set on smaller, though just as important, issues With the first commitment to emission reductions under the Kyoto Protocol expiring in December 2012, the world is looking to a new regime of cuts, which is unlikely to be successfully negotiated here. In 2009, the U.N. Climate Change Conference in Copenhagen set a target of achieving a binding treaty and it did not happen. Now the sights are set on...

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Corruption in the neoliberal era by CP Chandrasekhar

Advocates of liberalisation argue that by reducing state intervention and increasing transparency economic reform reduces corruption. Recent allegations of corruption suggest that this may not be true. In a season for scandal, allegations of large scale corruption have captured political India's attention. The instances to which such allegations relate are many, varying from the sale of 2G spectrum and the mobilisation and/or disposal of land and mining resources to purchases made...

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