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...

Can the promise of a car or a mixer grinder help keep India's population in check? Well, that's what health authorities in the northern state of Rajasthan apparently believe. They are offering a cheap car, among other things, as a prize in an attempt to sign up some 20,000 people to meet an ambitious sterilisation target. Time will tell whether this turns out to be another gimmick or an innovative incentive. But...

TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...

"The Earth upon which the sea, and the rivers and waters, upon which food and the tribes of man have arisen, upon which this breathing, moving life exists, shall afford us precedence in drinking." - Prithvi Sukta, Atharva Veda Land is life. It is the basis of livelihoods for peasants and indigenous people across the Third World and is also becoming the most vital asset in the global economy. As the...

Dr Binayak Sen has given a double blow to the state administration of Chattisgarh. First, the Supreme Court rejected the sedition charges levelled against him for which the state courts found him guilty. And then he was appointed to the 40-member steering committee on health in the planning commission. The Chattisgarh government has been vocally protesting against Sen's appointment, saying that he still remains a convict out on bail and should...