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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Media houses stall wage Board recommendations by Bala Murali Krishna
-The Hoot Scores of journalists and non-journalists, governed by the respective statutory wage Boards, are up in arms against the alleged ‘malicious campaign’ unleashed through the Indian Newspapers Society (INS) by a few Media Houses opposing the recommendations of the latest Justice G.R.Majithia wage Board constituted by the Centre. They are awaiting with bated breath the verdict of the Supreme Court bench that had, on July 18, 2011, informally directed the...
More »MGNREGA works have led to increased agricultural productivity
-Press Information Bureau A Study conducted by the Central government reveals that works given under Mahatma Gandhi National Rural Employment Guarantee Scheme, MGNREGS have led to increase in crop yields, besides substantial enhancement of market wage rates of agricultural and non-agricultural labourers. The positive impact of the scheme was also noticed in the considerable increase in the forest area and the decline in incidents of out-migration. The information was given by...
More »MPs demand more wages for MGNREGS workers by K Balchand
Members of Parliament, cutting across party lines, have demanded an increase in the wages and workdays of the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme, one of the flagship programmes of the UPA government, so as to insulate them from the galloping inflation. The demands were made by the members, including those of the ruling Congress-led ruling coalition, at a meeting of the parliamentary consultative committee on the...
More »Talking To Maoists by Nirmalangshu Mukherji
After the brutal murder of Azad, is there any hope for well-meaning routine calls for “dialogue” and “peace talks”? What can the "civil society" do as a serious, real intervention? It is reported that the decades-old talks with Naga insurgent groups has made some progress recently (See “Differences ‘narrowed’,” Times of India, July 19, 2011). One reason why talks have a chance in these cases is that separatism comes in...
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