A host of steel-manufacturing units are keen to set up plants in Karnataka, and all want captive mines. SOUTH KOREA'S Posco is not the only steel-maker keen to do business in Karnataka. The State's estimated 9,000 million tonnes of good-quality iron ore reserves, which is the second largest in India, the State government's assurances on a smooth land acquisition process, the availability of water and the promise of speedy regulatory clearances...
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Posco in south by Ravi Sharma
THERE is money on offer, but the farmers of Halligudi, a hamlet of 5,500 people in Karnataka's Gadag district, are hardly happy at the prospect of 3,382 acres (one acre is 0.4 hectare) of farmland being acquired for a Rs.32,336-crore steel plant south of National Highway 63, which runs between Karwar and Bellary. The plant is to be set up by the Indian subsidiary of the South Korean steel major Posco...
More »Latest employment trends from the NSSO by CP Chandrasekhar and Jayati Ghosh
The results of the latest NSSO large survey on employment and unemployment provide crucial evidence on the pattern of inadequate job creation in this phase of high economic growth. This edition of MacroScan provides an initial analysis of the results. No sooner were the results of the 66th Round of the National Sample Survey Organisation (relating to data collected in 2009-10) released, than they became the subject of great controversy. Surprisingly,...
More »Change in the heartland by Sudha Pai
In contrast to the 1990s, when age-old matters of identity drove electoral politics, it appears that development-related issues such as land acquisition and law and order will play a critical role in the contentious campaign for the UP elections due next year. While this can be attributed to the BSP’s “sarvajan” agenda, it also signals the impact of the market economy and the need to attract private investment, which has...
More »Managing the Murdochs
-The Business Standard The latest controversy in the British media, triggered by unethical professional practices by journalists at Rupert Murdoch’s News of the World, holds important lessons for the Indian media, and not just because Mr Murdoch has a significant presence in India and seeks more. The most important lesson is that public policy must prevent the emergence of all powerful media moguls like Mr Murdoch. The extent of concentration in...
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