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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P Sainath, Rural Affairs Editor, The Hindu and 2007 Magsaysay award winner interviewed by Pradeep Baisakh
P Sainath, Rural Affairs Editor, The Hindu and 2007 Magsaysay award winner, shares with Pradeep Baisakh his views on the POSCO project, Odisha farmers’ suicides and the National Food Security Bill You have visited Odisha quite often. How, in your view, has it changed in the last 20 years? Inequalities have increased massively. Earlier, we used to hire jeeps which were falling apart. Today, to go to Kalahandi, you have Innovas,...
More »Corrupt Bundelkhand officials feed off aid for dead farmers by Neha Dixit
In Uttar Pradesh's most impoverished region, Bundelkhand, government officials feed off not just the living but also the dead. Headlines Today has exposed how corrupt officials exploit the grieving families of farmers, who have committed suicide. In a visit to Bundelkhand in 2008, AICC general secretary Rahul Gandhi repeated a phrase borrowed from his father Rajiv Gandhi: "Out of 100 paise, only 15 paise reaches the poor". While travelling through this dustbowl...
More »Posco in south by Ravi Sharma
THERE is money on offer, but the farmers of Halligudi, a hamlet of 5,500 people in Karnataka's Gadag district, are hardly happy at the prospect of 3,382 acres (one acre is 0.4 hectare) of farmland being acquired for a Rs.32,336-crore steel plant south of National Highway 63, which runs between Karwar and Bellary. The plant is to be set up by the Indian subsidiary of the South Korean steel major Posco...
More »Poor farmers lose out due to unending protests by Arpit Parashar
Farmers are caught between Mayawati’s promises, Rahul Gandhi’s idealism and mounting debts Land acquisition policy in Uttar Pradesh has been changed at least five times in the past five years to benefit the farmers. Amidst the raging controversies over what should be the land compensation rate and debates and protests over the various clauses of the land acquisition policy, most farmers have lost more than they could gain from Mayawati’s new...
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