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Why Posco is in trouble in India

Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...

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‘Go’ and ‘no go’ areas in iron ore mining soon: Ramesh

Like coal, the iron ore mining sector in the country too will soon have ‘go’ and ‘no go’ areas where green clearance will be given depending on their ecological sensitivity, Environment Minister Jairam Ramesh has said. He was speaking at a national workshop on “Reforms in Environmental Regulation” on Tuesday where he underlined the need to ensure developmental activities while protecting ecological concerns. “We would soon extend the exercise of...

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How Bihar can rise as a developed state by Kailash Nautiyal

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

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Jharkhand: Economic Growth for Whom? by Girish Mishra

As far as natural resources like minerals, land and water are concerned, Jharkhand is among the richest States of India. Yet, its people are among the poorest. Mind you, almost 30 per cent of them are tribal. Out of the total population of 288.46 lakhs, 223.1 lakhs live in rural areas and only 65.36 lakhs are urban dwellers. Even a cursory glance is sufficient to convince that most of the...

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Science and the layman by SL Rao

Governments and people have to make choices about accepting new scientific developments into their daily lives. Many attribute high levels of objectivity and integrity to scientists, which is not true of many of them. Scientists have been known to manipulate results to their advantage. Scientific issues are often complex, there are differing views among scientists and the layman finds it difficult to decide which scientific course is harmful or beneficial....

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