...POSCO Proposed Project in Orissa – Case Study & Analysis Disclaimer • • • • While studying & analysing the case supplementary reading materials have been referred to (source: the Internet) & also quoted in this text. Figures, images & other exhibits used in answering the questions of the case have been sourced from the internet. The name of the state of Orissa has been changed to Odisha. However, for the sake of consistency & in line with the case the state has been referred to as Orissa throughout in the answers. All dates & timelines mentioned in the answers are with reference to the time frame of the case. 1. What are the socio-economic and environmental costs of proposed POSCO Projects? Before proceeding to identify the socio-economic and environmental costs of proposed POSCO Projects lets quickly look into the broad aspects of the project first from the state’s, the company’s & the steel industry’s perspectives in general: The Pohang Iron and Steel Company, or POSCO based in Pohang, South Korea, is the world's fourthlargest steel maker by market value and Asia’s most profitable steelmaker. Korea is the world leader in shipbuilding & gradually becoming a leading automobile manufacturer in the world. Both these industries depend heavily on steel & this is where the role & importance of POSCO for supplying steel becomes paramount. POSCO has been seen as the bedrock of Korea's industrial development over the past 40 years. The steel market, growing at an annual...
Words: 3631 - Pages: 15
...“Chemicals in the meat we eat.” What is the event/hazard/issue? Based on what I have read from the article “Natural News” Processed meat has many harmful ingredients and is packaged to be put up and stored for a long period of time. Containing sodium nitrate, the cancer-causing chemical additive that meat companies use as a color fixer to turn their meat products a bright red "fresh-looking" color. Basically every meat there is besides fresh meat includes sodium nitrate unless it says Nitrate free. Is it natural, anthropogenic, or both? This is 100% anthropogenic. Humans purposely put these chemical into the food to make them last longer, they inject the sodium nitrate in the meat to give it a fresh look along with other chemicals such as Monosodium glutamate. It is the second dangerous chemical found in virtually all processed meat products. The chemical is linked to disorders such as migraine headaches, Alzheimer's disease, loss of appetite control, obesity and many other serious health conditions. Describe the impact on earths systems. It does not necessarily have an impact on the systems as much as it has an impact on our whole population. If we don't try to take a stand on the issue they will continue to poison our meat. Describe the human impacts. The human impacts are pretty simple and well know that foods like hotdogs, beef jerky,peporni, and sausage are packaged meats that we eat every day and continue to be at risk to get cancer. Is this Science valid...
Words: 2026 - Pages: 9
...calendar year alone. Investment by local banks in commercial paper has surged from Rs 25.188 billion in March 2010 to Rs 37.863 billion in August. Is the moribund Indian debt market finally showing signs of life 18 years after it was opened up to global money?… The current sets of circumstances have been favorable for the Indian bond market.”3 - Abheek Barua, The Economic Times4, November 2010 “CP issuances are going to rise in the future, mainly because of t he base rate regime. The norms needed to be reviewed as the existing ones were issued at least a couple of years ago. However, RBI was not averse to more CP issuances.”5 - Shyamala Gopinath, www.indianbanks.org, December 2010 3 4 D 5 N 2 Joel Rebello and Anup Roy, “Base Rate System may Drive Firms to Commercial Paper,”...
Words: 4872 - Pages: 20
...Extreme Poverty and Hunger- “The Silent Killers”: How the World Bank plans to eradicate them by 2015 Extreme poverty and food insecurity are some of the major global issues many countries worldwide have to face. Poverty leads to heavily indebted governments, hunger, poor education and lack of adequate medical care for the people. Although poverty “is a state for the majority of the world’s people and nations (Shah, “Causes of Poverty”)”, there is hope that “the increasing interconnectedness promised by globalization (Shah, “Causes of Poverty”)” will enforce successfully global policies and practices fighting the cruel reality which over 3 billion people have to try to survive in on less than $2.50 a day (Shah, “Causes of Poverty”). Depending on how a culture views the issue with poverty, the mechanisms against it are enforced accordingly. In the middle Ages, it was considered a virtue and a way for “the chosen ones” to display their good Christian values by feeding the hungry and giving clothes to the ones who do not have any. In addition, the misery which poverty brought to the people was not considered a problem but a widely accepted path towards one’s soul salvation. In Latin America poverty used to be accepted as destiny, a family’s inheritance passed on from generation to generation. Nobody can run away from it even if one improves their financial situation because there will always be somebody to make a comment such as:” I remember whenever you were poor and had nothing”...
Words: 935 - Pages: 4
...Current Event Focus 1 For my current event focus I decided to examine the article named: Free Trade and Globalization by Anup Shah because it talks in great detail about how the world is becoming more globalized, there is no doubt about that. While that sounds promising, this article describes how the current form of globalization, neoliberalism, free trade and open markets are coming under much criticism (Shah, 2011). The interests of powerful nations and corporations are shaping the terms of world trade. In democratic countries, they are shaping and affecting the ability of elected leaders to make decisions in the interests of their people (Shah, 2011). In addition the author describes that elsewhere they are promoting narrow political discourse and even supporting dictatorships and the “stability” that it brings for their interests. This is to the detriment of most people in the world, while increasingly fewer people in proportion are prospering (Shah, 2011). In consequence, the author makes the reader aware of how the western mainstream media, hardly provides much debate, gladly allowing this economic liberalism (a largely, but not only, politically conservative stance) to be confused with the term political liberalism (to do with progressive and liberal social political issues) (Shah, 2011). Margaret Thatcher's slogan of “there is no alternative” rings sharply. Finally, I loved this article because it left me with a great question in mind; perhaps there is no alternative...
Words: 499 - Pages: 2
...[pic] CONVOCATION – 27TH JUNE 2015 Convocation Protocol GCR – 1 will be used by male faculty, the Chief Guest and the Guest of Honour for putting on convocation gowns. GCR - 2 will be used by lady graduating students and lady faculty for putting on convocation gowns. GCR – 3 will be used by graduating male students for putting on convocation gowns. Full length mirrors are provided in washrooms between GCRs 3 & 4. Roll call for graduating students and issue of gowns will commence in GCR 2 & 3 at 13:45 hrs. Issue of gowns will close at 14:15 hrs. Late comers will not be included in the Convocation Procession and will not receive their certificates. Graduands will remain in GCR 2 & 3 till the formation of the Convocation Procession. Convocation procession will form between 14:30 & 14:50 and will start at 14:50 from the corridor in front of GCR 4. Procession route and composition is described below: Down the corridor in front of Placement Office, FoodScapes, etc., and will turn right in front of the Exam Cell into the connecting passage. From the connecting passage the procession will turn left onto the walkway. Dignitaries and faculty will ascend the stage while the graduating students will move to their respective seats and remain standing. Background music commences at 14:45 hrs. Prof. Radhika Ramesh: “Kindly keep your mobile phones in silent mode.” Prof. Radhika Ramesh: “The convocation procession is entering the venue. May I request the audience to rise? Please keep standing...
Words: 2276 - Pages: 10
...Abstract The emerging concept of inclusive business and green economy can be a boon to develop the marginalized indigenous communities in the developing country like Nepal. With the very thought of merging green economy and inclusive business having the taste of ecology, economy and spirituality, the core concept of "Peepal Plantation Campaign 2012" was initiated by Krishnamandir Promotion Children's committee (KPCC). As an initial step to bring Krishna Gandaki on value chain, 108 peepal saplings were planted on the bank of river at Puruswottamdham, Khoriyaghat, Syangja on the occasion of World Environment Day 2012. Moreover, the campaign not being limited only in the tree plantations tried to demonstrate the avenues for several other aspects of the opportunities of the village. Establishment of "Krishnamandir Promotion Committee" and "Krishnamandir Promotion Children's Committee" as an initiation of Bandobasta have the strong involvement of children, especially the marginalized Majhi, Bote, Kumal, Darai and other close tribal groups related with water culture, the program have well addressed the thought of complete inclusion that foster green economy. Bandobasta on Green economy concept since 1995 People concern started from Stockholm Conference about environment conservation ultimately lead to Green Economy at 2012. "Green Economy; Does it include you?" was the theme adopted for the World Environment Day 2012. This was the foundation concept of Hindu as mentioned on...
Words: 2171 - Pages: 9
...Introduction: In recent years, considering the low cost of developing courtiers, a large quantity of companies in developed countries move factories to these nations for a larger-scale production. When factories are founded in developing countries, these firms take advantage of the cheap labor、low-priced land and abundant natural resources to reduce the cost greatly, thereby, they can chase a higher profit. Besides, this kind of plant relocation brings low-cost countries much needed jobs and assists them developing manufacture. However, the working conditions it provides and wages it pays to workers are not very satisfactory. The phenomenon that employees suffer a bad working condition but only get a little wage still exists. In current world situation, companies and industries are becoming increasingly globalized, then both benefits and problems can appear, moving factories to developing nations is due to it. That firms move factories to developing nations is a win-win event, which can not only bring firms a higher profit but also help poor countries develop many-sided abilities and ease job problems, while a deficiency that cannot be ignored is the poor conditions and low wages majority corporations provide to their cheap labor, and it may affect a harmonious and benignant cooperation. First of all, this report will reveal the worldwide financial situation and describe the background information of typical developed and developing countries, studying the relationship between...
Words: 2681 - Pages: 11
...Running Head: Immigration and Its Impacts on Aspects of U.S Society Immigration and Its Impacts on U.S Society’s Growth Tri N Mai SOC 100 Strayer University 2/8/2012 Immigration and Its Impacts on U.S Society’s Growth 1. Describe how society defines the social issue. Having a self image seen as a “melting pot”, the U.S country is a place where people from other countries come to live, adapt, and take part in U.S culture by distributing their own culture’s special characteristics. However, because of immigration, it is one of the main sources that cause social chaotic and triggers so many endlessly political arguments. So how does society define immigration? “The rational and ideological” are two central perceptions of which society are considered. What it means to be rational here is “the traditionalist position on immigration.” It comprehends a multi-leveled actuality that consists of several gradations of similarities and differences between a range of individuals and cultures. Generally, regarding to immigrants’ cultures and characters, some of them are more alike to U.S country and its people while some aren’t. Also, in a traditionally developed country as U.S, when it comes to politic matters and communal debates of social benefits, relating to immigration and being based on reasonable gradations of similarities and differences, they will cause discrimination amid soon-to-be settler groups. And what’s about “ideological”? According to Lawrence...
Words: 1291 - Pages: 6
...National Seminar A National Seminar on "Leveraging Technology- An innovative way to improve the quality of Higher Education" was organized on Saturday, 9th April, 2011.The chief guest for the event was Prof. Naveen Rajpal, University School of Information Technology, and Dr. Sanjeev Mittal, University School of Management Studies, Guru Gobind Singh Indraprastha University and other key speakers were Mr. Ashok Bagrial from Shivaji college from University of Delhi, Prof. Meenakshi Gandhi from Rukmini Devi Institute of Advanced Studies, Mr. Anup Girdhar, CEO and founder of Sedulity solutions and technology, and Mr. Om Prakash Sharma, Director, National Centre for Innovation in Distance Education, IGNOU. The aim of this seminar was to highlight the immediate need for improving the quality of higher education by adopting and using the Information Communication Technology to the maximum. National Workshop A National Workshop on “Recent Advances in Research Methodology & Data Analytical Tools” was organized by our college on 14th May, 2011. The key speakers for the workshop were Prof. Ajay Pandit, Faculty Management Studies, Delhi University and Mr. Sudhansh Sharma, Associate Professor, Jaipuria Institute of Management Studies. The objective of this workshop was to make faculties learn the recent research methodology and research analysis tools with the help of SPSS software PLacement PUBLICATION AND MEDIA COVERAGE [pic] Annual Journal “CPJ Global Review” The...
Words: 350 - Pages: 2
...Citra Thums Up, Limca, Gold Spot and Maaza were sold to Coca Cola in 1993 for a reported $40 million.[1][2] At the time of sale, the Parle brands together had a 60% market share in the industry.[3] The brand was strong in South India.[4] Citra was phased out by 2000 to make way for Coke's international brand, Sprite History Parle Products was founded in 1929 in British India. It was owned by the Chauhan family of Vile Parle, Mumbai. The Parle brand became well known in India following the success of products such as theParle-G biscuits and Thums Up soft drink. The original Parle company was split into three separate companies owned by the different factions of the original Chauhan family:[6] Parle Products, led by Vijay, Sharad and Anup Chauhan (owner of the brands Parle-G, Melody, Mango Bite, Poppins, Monaco and KrackJack) Parle Agro, led by Prakash Chauhan and his daughters Schauna, Alisha and Nadia (owner of the brands such as Frooti and Appy) Parle Bisleri, led by Ramesh Chauhan All three companies continue to use the family trademark name "Parle". Parle Agro Parle Agro commenced operations in 1984. It started with beverages, and later diversified into bottled water (1993), plastic packaging (1996) and confectionary (2007). Frooti, the first product rolled out of Parle Agro in 1985, became the largest selling mango drink in India.[7] Separation from the parent company The original Parle group was amicably segregated into three non-competing businesses. But...
Words: 365 - Pages: 2
...| Pharmaceutical companies | Research Paper | | Daren Smith | 5/21/2012 | | Abstract There is a lot of discussion about pharmaceutical companies, intellectual property, and the global AIDS epidemic. Do pharmaceutical companies have a responsibility to distribute drugs for free or low cost in developing countries? Why is intellectual property such a big deal? What impact would South Africa’s decision to levy duties on drugs in the country have on the international distribution of drugs? Was the change that provided patent protection for pharmaceutical companies an appropriate change or a dangerous precedent? Was it necessary to relax intellectual property rules in order to ensure that adequate supplies of AIDs medications would be available for distribution in the developing world? What role to multi-national corporations have in providing funding or other assistance to international organizations such as the Global Fund? All these questions have many arguments for and against but the right answers probably lie somewhere in between. Having and providing access to affordable medication is one of the greatest challenges we face in today’s world. Many people see that pharmaceutical companies are irresponsible. The evidence is in the high prices individuals have to pay for medications. Although I don’t care for higher priced medications I do believe in the right for a business, or individual, to make money. To come up with medications it takes...
Words: 2390 - Pages: 10
...Causes of Poverty I saw a video clip of a teacher talking about how she struggled with scolding a student for not paying attention in class, when in fact the student was hungry. When we have the capability of producing cars that do not use fuel, books that can be downloaded in 60 seconds or less, why do we still have poverty around the world. Some of the causes of poverty are One: The lack of education - nearly a billion people entered the 21st century unable to read a book or sign their names. Two: Job salary – half the world lives on less then $2.50 a day. These two areas can negatively affect society, and the world. Hunger is a negative effect. In the article “causes of hunger are related to Poverty, by Anup Shah he quoted “to understand why people go hungry you must stop thinking about food as something farmers grow for others to eat, and begin thinking about it as something companies produce for other people to buy.” In other words, those who can get food are the ones who can afford to pay for it. Lack of shelter and lack of health services are two other negative effects of poverty. Over 640 million live without adequate shelter and more than 270 million have no access to health services. To try to eliminate poverty around the world, we can begin by trying to create new jobs that replace jobs that are no longer viable. We must find ways that healthcare can be available to all, not just to those who can pay for it. And we must find ways to increase food...
Words: 355 - Pages: 2
...A09-13-0010 Dr. Laura L. Matherly Dr. Anup Nandialath Dr. Claire Richards Arabic Perfumes and the Purchased for use by Victor Alves on 24-Apr-2016. Order ref F271010. You are permitted to view the material on-line and print a copy for your personal use until 24-Apr-2017. Please note that you are not permitted to reproduce or redistribute it for any other purpose. Global Fragrance Market Walk through any of the United Arab Emirates’ (UAE) large, air-conditioned shopping malls, and the scent of spicy, Arabic perfume abounds. Shoppers encounter a dizzying array of scents presented, sprayed, and waved through the air at every turn. Demand in the global fragrances market was expected to be strong through 2014, primarily due to the rise in spending in developing countries. Industry experts predicted healthy sales and a grow- ing fragrance manufacturing industry within the region. The UAE and other countries in the Gulf Cooperation Council (GCC) have a strong and unique culture that favors the appreciation of perfumery. Stemming from a tradition and culture dating back thousands of years, both men and women in the Gulf like to apply layer upon layer of fragrances which linger long after the wearer has moved on. Arabic perfumes are made from oud, a rare and hugely prized oil found in agar wood. The tree that produces oud goes back thousands of years in culture and tradition, and grows in some of the world’s most dense forests in India and Southeast Asia. Known not only...
Words: 1512 - Pages: 7
...Human Population Is our planet getting too big? “Go Forth and Multiply!” That is what the human population has been doing successfully for thousand and thousand of years, expanding, exploring, migrating, conquering, utilizing, evolving, civilizing, industrializing, and now we are destroying the very land upon which we live. (Anup Shah) There are over six billion humans living on this planet and the numbers will continue to grow due to the birth rates and that humans are living longer so the death rates have declined. With the humans that inhabit our planet we will consume vast quantities of food and water, use a tremendous amount of energy and raw materials, and produce much waste which is harmful to our environment. If this trend continues to keep up at this pace we could end up using up our natural resources not to mention how much waste we will continue to accumulate because we are not recycling how we should. Not only will we end up using any available land it will cause havoc on the wildlife, which inhabits the land. With the humans using up the land forcing the wildlife out of there natural habitant we will start seeing more conflicts with animals and humans. The United Nations, which periodically publishes population projections for the twenty-first century have come up with some startling numbers, they have figured that in the year 2050 the world population will be between 7.9 billion (low estimate) to around 10.9 billion (high estimate), but most likely there will...
Words: 1958 - Pages: 8
