Claims about the benefits of Posco's $12 billion integrated steel project to Orissa's economy and job market come from a study by an “independent” research organisation — but was paid for by Posco itself. In January 2007, the National Council of Applied Economic Research (NCAER) published a report on ‘Social Cost Benefit Analysis of the POSCO Steel Project in Orissa,' which claimed that the project would directly and indirectly generate 8.7...
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India world's second largest tobacco user: Report
Union health minister Ghulam Nabi Azad called for a "jihad" against tobacco use after a report released on Tuesday identified India as the world's second largest consumer of tobacco. An estimated 274.9 million Indians consume tobacco, the first Global Adult Tobacco Survey said. Nearly 0.9 million tobacco-related deaths occur in India annually as compared to 5.5 million world wide. India is also the world's third largest producer of tobacco, the report added. "A...
More »Raids on eateries reveal leakages in public distribution system
Barely a week after food and civil supplies minister Nazrul Islam admitted to leakages in the public distribution system (PDS) in Assam, food grains subsidised for the poor are popping up in eateries. Since Monday night, police in eastern Assam raided a couple of dhabas or roadside eateries and seized 250 quintals of rice, 28 quintals of wheat and six quintals of sugar. These commodities earmarked for fair price shops under...
More »Arvind Kejriwal, 2006 Ramon Magsaysay award winner and founder of Parivartan interviewed by Pallavi Singh
How would you rate the functioning of the RTI Act five years into its enactment? It has been a mixed experience. It is encouraging that we have one of the best laws in the world but its shoddy implementation is taking the sheen away. The two nerve centers of RTI are simplifying the process of filing an application and making the functioning of the Commission effective. The posts of Information Commissioner...
More »The ugly underbelly of Microfinance by Roli Srivastava, Swati Bharadwaj-Chand & Partha Sinha
SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...
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