Even after five-and-half years since its inception, the biggest foreign Direct Investment (FDI) for the country, the POSCO steel project has failed to take off due to widespread opposition from several quarters. Now, the 51,000 crore project has run into more trouble as the environment clearance to the project seems unlikely. But the Orissa government has come to the fore, not just supporting the project but also moving the Supreme Court, filing...
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After CWG, India slides down corruption index
India has slipped to 87th spot in Transparency International’s latest ranking of nations based on levels of corruption, with the global watchdog asserting that perceptions about corruption in the country increased in the wake of the Commonwealth Games Against the backdrop of alleged irregularities in the recently held Commonwealth Games (CWG), India’s perceived corruption levels have gone up, with a corresponding worsening of its world ranking. According to Transparency International’s Corruption...
More »Debroy panel gets a look-in by Suman K Srivastava
A three-member team of experts, headed by economist Bibek Debroy, began its job of mapping a growth path of politically unstable Jharkhand today by meeting chief minister Arjun Munda and discussing the contours of a state development report. Working on a three-month time frame, Debroy, who was approached by Munda to take up the assignment, said his meeting with the chief minister was productive. “He has given us some thoughts to work...
More »HIL produces Endosulfan despite ban in Kerala by Jisha Surya
Union Minister K V Thomas’ pro-endosulfan speech is just a tip of the iceberg. It shows a smaller part of the Union Government’s policy of making profit by gambling the lives of common people. A Government of India enterprise itself is producing endosulfan in Kerala for the past three decades though it is not known much to others. The Government’s indifferent attitude towards the endosulfan-hit State is reflected in the factory standing...
More »Jean Dreze, Development Economist interviewed by Vaibhav Vats
The Food Security Act was UPA-2’s flagship programme. Jean Dreze, member of the National Advisory Council, has publicly criticised the government. He tells VAIBHAV VATS what’s gone wrong. Much like the Mahatma Gandhi National Rural Employment Guarantee Act in the first term of the United Progressive Alliance, the Food Security Act was its most ambitious social welfare programme. Since discussions on the Act in the National Advisory Council began, its provisions...
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