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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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...
More »Why rich Indians are malnourished too by Chandra Bhan Prasad
India is the world's 10th largest economy with a GDP of $3.57 trillion and $3,100 as per capita income. Sub-Saharan Ethiopia has the 79th largest economy, with $900 as per capita income. It's far behind India. Yet, Ethiopia and a handful of other sub-Saharan nations beat India in one of the most critical social indices – 35% children in sub-Sahara are malnourished and the figure jumps to 47% for India. Does...
More »Anna Hazare lambasts CM, Dy CM over selection of info chief by Anil Singh
Anti-corruption crusader Anna Hazare has lambasted chief minister Ashok Chavan and deputy chief minister Chhagan Bhujbal over the recent selection of the four information commissioners. Calling the selection, ``improper and unfortunate'', Hazare has instructed the duo in a letter on Monday to rectify the situation. Chavan, Bhujbal and Eknath Khadse, leader of the opposition, formed the three-member panel which approved of the name of Vilas Patil, till recently the information commissioner for...
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