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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A Dictator for India's Bourgeoisie by Manu Joseph
There are times when fathers and sons say the same things. In 2008, days after terrorists from Pakistan massacred scores of people in Mumbai, a group of affluent young couples met for dinner. They work in large corporations, hold university degrees from the United States and England, subscribe to The Economist and even read it. But it was inevitable that when the men started talking about how the Indian government was too...
More »‘Murdochisation' of the Indian media by Paranjoy Guha Thakurta and Alice Seabright
Its facets include concentration of media ownership and the transformation of news into a commodity. THE last two decades have witnessed a dramatic transformation of India's ‘mediascape' – a term first used by Arjun Appadurai, an academic of Indian origin based in the United States, to describe how visual imagery impacts the world and to describe and situate the role of the Mass Media in global cultural flows. While there...
More »Civil Society versus Elected Government by Sudhanshu Ranjan
The Union Government has announced that it would bring the Lokpal Bill in the monsoon session of Parliament which is expected to pass it in the winter session. The all-party meeting held on the Lokpal issue damned the civil society and passed a one-line resolution: “The all-party meeting agreed that the government should bring before the next session of Parliament a strong and effective Lokpal Bill following established procedures.” The...
More »India's activists on warpath against the government by Soutik Biswas
The battle lines are drawn: it is the government versus "civil society" in India now. A controversial anti-corruption bill has been tabled in parliament, and a showdown with "civil society" representatives, backed by an energetic section of the media, looms. After months of wrangling with activists led by folksy anti-corruption campaigner Anna Hazare, the government says it has cobbled together the best possible legislation. It is called the Lokpal bill but Mr Hazare...
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