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 »A Dictator for India's Bourgeoisie by Manu Joseph
There are times when fathers and sons say the same things. In 2008, days after terrorists from Pakistan massacred scores of people in Mumbai, a group of affluent young couples met for dinner. They work in large corporations, hold university degrees from the United States and England, subscribe to The Economist and even read it. But it was inevitable that when the men started talking about how the Indian government was too...
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 »HRW: Maternal Deaths Quadruple in S Africa
-The Associated Press She waited 1 1/2 hours at the hospital, only to see a nurse who yelled that she was "lying about being in labor." Three hours later, her baby was born dead. Another woman gave birth on the street, steps away from a clinic that twice turned her away, saying her time had not come. Several other women interviewed by Human Rights Watch said their legs were pinched and faces slapped...
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