The death-wish government

Cairn, UTI-T Rowe Price, Qualcomm … the list of companies where the government has done its best to rebuff foreign investors keeps growing, and we’re not even talking of all the projects that have been held up on environment grounds that, often, didn’t sound very convincing. In the case of Posco, for instance, even the ministry eventually agreed that one of the main objections raised—that the project managers had n’t done anything to identify the tribals affected by the project—was frivolous since the project area wasn’t one where tribals were to be found.

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