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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How to End a Million Mutinies by Revati Laul
IF YOU walked down the streets of Jantar Mantar in New Delhi between 3-5 August, you would see what TV cameras aren’t putting out on primetime news. Thousands of farmers from Jhabua in Madhya Pradesh to Rohtak in Haryana. On protest. Against the systematic grabbing of their land by various state governments across the political spectrum. On one side of the road, on large green carpets, are about 3,000 farmers,...
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...
More »Intelligent design for the environment by Prodipto Ghosh
The announcement last weekend by the prime minister that an independent National Environmental Appraisal and Monitoring Agency (NEAMA) would shortly be set up has been welcomed in the media. The PM indicates that it would be staffed by professionals, will set up a new process for environmental appraisal of projects, and monitor the observance of environmental management plans. It would be a recommendatory body, subject to final decision-making by the...
More »Post-World War II, rural US started disappearing: Population Reference Bureau
-AP Rural America now accounts for just 16 percent of the U.S. population, the lowest ever. The latest 2010 census numbers hint at an emerging America where, by mid-century, city boundaries become indistinct and rural areas grow ever less relevant. Many communities could shrink to virtual ghost towns as they shutter businesses and close down schools, demographers say. More metro areas are booming into sprawling megalopolises. Barring fresh investment that could...
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