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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Centre to spend Rs.30,000 crore on linking villages with broadband- by SANDEEP JOSHI
The Centre will spend around Rs.30,000 crore on providing more than 2.5 lakh villages with broadband connectivity through optical fibre, Sam Pitroda, Adviser to the Prime Minister on Infrastructure, Innovation and Information, said on Monday. He was speaking to journalists after launching Bharat Sanchar Nigam Limited's voice and video telephony over Internet protocol (VVoIP) here. “We need 30,000-40,000 km more of optical fibre…we probably need Rs.25,000-Rs.30,000 crore for all this. We are...
More »India's Rural Poor Give up on Power Grid, Go Solar by Katy Daigle
Boommi Gowda used to fear the night. Her vision fogged by glaucoma, she could not see by just the dim glow of a kerosene lamp, so she avoided going outside where king cobras slithered freely and tigers carried off neighborhood dogs. But things have changed at Gowda's home in the remote southern village of Nada. A solar-powered lamp pours white light across the front of the mud-walled hut she shares with...
More »Delay in monsoon may spell doom for farmers by Nidhi Nath Srinivas
So it's not going to be a normal monsoon . That's hardly surprising. Indian rainfall is erratic in four out of 10 years. About 80% of our land mass is highly vulnerable to drought, floods and cyclones. 50 million Indians are exposed to drought every year. The agriculture ministry says 68% of India's sown area is subject to drought in varying degrees. Annual average rainfall is 1,160 mm. However, 85% of...
More »Risk in the call by R Ramachandran
A World Health Organisation agency evaluates electromagnetic radiation from mobile phones for carcinogenicity. THERE has been a dramatic increase in the use of the mobile phone worldwide since its introduction in the mid-1980s. According to the estimate of the International Telecommunications Union (ITU), currently there are about five billion mobile phone subscribers globally. In the past decade or so, there has been growing concern about the possibility of adverse health effects,...
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