• About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST
TFI Official Merchandise
हिन्दी
Monday, May 16, 2022
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Akhilesh Yadav

    Upcoming Rajya Sabha polls in UP will mark the end of Akhilesh Yadav

    Is this the 1983 moment for Indian Badminton?

    Is this the 1983 moment for Indian Badminton?

    Gyanvapi Mosque Survey

    Gyanvapi Masjid Row: All lies exposed!

    The West that starved India of food, medicines and essential supplies is now crying about wheat

    The West that starved India of food, medicines and essential supplies is now crying about wheat

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    They kept abusing Adani until one day Adani bought them, A Quint Saga

    They kept abusing Adani until one day Adani bought them, A Quint Saga

    Zomato delivery

    How 10 Minute marketing gimmick boomeranged for Zomato

    Asian Paints

    Why no wall paint company has been able to beat Asian Paints

    ONDC e-commerce logo

    Feared being left behind, Companies are rushing to join ONDC

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    A comprehensive list of weapons India manufactured and procured in the last 24 months

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    Ajit Doval warning

    Ajit Doval makes it clear that Balakot and surgical strikes are only the beginning

    AK-47

    AK-47: How a Russian gun changed the course of history

    India has an effective solution for the “Chicken’s Neck” problem

    India has an effective solution for the “Chicken’s Neck” problem

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Xi Jinping

    Xi Jinping is stepping down

    The real reason why India temporarily stopped exporting wheat

    The real reason why India temporarily stopped exporting wheat

    Are Shehbaz Sharif’s days numbered?

    Are Shehbaz Sharif’s days numbered?

    China Pakistan

    “Pay up the bills or say goodbye to power”, China’s final threat to Pakistan

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    Sanctity of Shri Jagannath Puri Mandir should not become a victim of political tussle

    Sanctity of Shri Jagannath Puri Mandir should not become a victim of political tussle

    Teresa documentary

    Saint or Sinner? – A Sky Documentary that Exposes Mother Teresa

    IVC

    Rakhigarhi expedition once again proves why India was fully developed thousands of years ago

    Christians in Kerala need to vote for the BJP or their doomsday won’t be late

    Christians in Kerala need to vote for the BJP or their doomsday won’t be late

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Andrew Symonds

    Andrew Symonds: Once in a generation cricketing legend

    Archies

    Zoya Akhtar’s upcoming Netflix project proves why Bollywood is allergic to talent

    Manto

    Saadat Hasan Manto – The man who invented victim card long before it was cool

    The Kashmir Files ban in Singapore

    Singapore bans ‘The Kashmir Files’, Shashi Tharoor attains Nirvana

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Akhilesh Yadav

    Upcoming Rajya Sabha polls in UP will mark the end of Akhilesh Yadav

    Is this the 1983 moment for Indian Badminton?

    Is this the 1983 moment for Indian Badminton?

    Gyanvapi Mosque Survey

    Gyanvapi Masjid Row: All lies exposed!

    The West that starved India of food, medicines and essential supplies is now crying about wheat

    The West that starved India of food, medicines and essential supplies is now crying about wheat

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    They kept abusing Adani until one day Adani bought them, A Quint Saga

    They kept abusing Adani until one day Adani bought them, A Quint Saga

    Zomato delivery

    How 10 Minute marketing gimmick boomeranged for Zomato

    Asian Paints

    Why no wall paint company has been able to beat Asian Paints

    ONDC e-commerce logo

    Feared being left behind, Companies are rushing to join ONDC

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    A comprehensive list of weapons India manufactured and procured in the last 24 months

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    Ajit Doval warning

    Ajit Doval makes it clear that Balakot and surgical strikes are only the beginning

    AK-47

    AK-47: How a Russian gun changed the course of history

    India has an effective solution for the “Chicken’s Neck” problem

    India has an effective solution for the “Chicken’s Neck” problem

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Xi Jinping

    Xi Jinping is stepping down

    The real reason why India temporarily stopped exporting wheat

    The real reason why India temporarily stopped exporting wheat

    Are Shehbaz Sharif’s days numbered?

    Are Shehbaz Sharif’s days numbered?

    China Pakistan

    “Pay up the bills or say goodbye to power”, China’s final threat to Pakistan

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    Sanctity of Shri Jagannath Puri Mandir should not become a victim of political tussle

    Sanctity of Shri Jagannath Puri Mandir should not become a victim of political tussle

    Teresa documentary

    Saint or Sinner? – A Sky Documentary that Exposes Mother Teresa

    IVC

    Rakhigarhi expedition once again proves why India was fully developed thousands of years ago

    Christians in Kerala need to vote for the BJP or their doomsday won’t be late

    Christians in Kerala need to vote for the BJP or their doomsday won’t be late

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Andrew Symonds

    Andrew Symonds: Once in a generation cricketing legend

    Archies

    Zoya Akhtar’s upcoming Netflix project proves why Bollywood is allergic to talent

    Manto

    Saadat Hasan Manto – The man who invented victim card long before it was cool

    The Kashmir Files ban in Singapore

    Singapore bans ‘The Kashmir Files’, Shashi Tharoor attains Nirvana

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
TFIPOST
No Result
View All Result

New companies are coming to India. That’s good news. But NGOs will try their best to stop them

Akshay Narang
by Akshay Narang
23 April 2020
in Opinions
0
NGOs
3.3k
VIEWS
Share on FacebookShare on Twitter

One of the most immediate consequences of the Coronavirus outbreak and the growing resentment against Beijing, has been a prospective shift in Multi-National Corporations (MNCs) from China to India. For decades, China has been hailed as the “world’s factory”, over its low labour costs and export-driven economy. But foreign companies are now looking to exit China and their preferred choice to relocate, is of course, India. This is good news and even gives a whiff of India emerging victorious at the end, however, before we get too excited, we must recall the horrendous experiences with NGOs which have overturned India’s chances at getting FDI with various agitations.

Japanese companies are looking for a new location after the Shinzo Abe government announced a package worth US $2.2 billion to help manufacturers shift production out of China. The state of Uttar Pradesh, led by CM Yogi Adityanath is now planning to woo these companies fleeing China.

Also exiting China are South Korean majors such as Hyundai Steel and POSCO are looking to exit China and they plan to set up their factories in the state of Andhra Pradesh, in what can be a massive boost for PM Modi’s ‘Make in India’ initiative and FDI inflows into India.

The fast-changing world order goes very much in India’s favour and can propel India’s ambitions of becoming a US $ 5 trillion by 2024. In fact, foreign companies exiting China and entering India has long term benefits, as India could become the new engine of world growth.

But while this is a welcome development, the Modi government needs to take into account the spoilsports within the country who can block FDI and setting up of manufacturing facilities by Multi-National Corporations (MNCs).

At the forefront of this anti-development campaign to block foreign investments is the NGOs nexus that directly or indirectly sabotages crucial projects in the garb of farmer rights or environmental vigilantism.

According to a 2014 Intelligence Bureau (IB) report, foreign-funded NGOs such as Greenpeace, Cordaid, Amnesty and Action Aid have been  “serving as tools for foreign policy interests of western governments” by sponsoring agitations against nuclear and coal-fired power plants in India.

These NGOs are said to work through a network of local organizations such as PUCL and Narmada Bachao Andolan, founded by Medha Patkar.

In the recent past, there have been umpteen number of examples where the NGOs have played spoilsport, effectively blocking crucial projects, including those that promised to bring in massive FDI into India.

In Tamil Nadu, protests had led to the closure of Vedanta’s Sterlite Copper Plant in Tuticorin, which not only hurt the copper industry but also thousands of medium and small sector units whose businesses were dependent on Vedanta’s plant.

Later, Chinese companies were alleged to have funded the anti-Sterlite protests in India that actually had a very negative impact on India’s Copper production, forcing the country to import Copper for the first time in 18 years.

The project had to be closed down owing to the vocal protests by left-leaning groups and NGOs which get substantial foreign funding. It was found that even the church was involved in organizing the protest against the Sterlite plant.

And then the anti-Sterlite protest is not the only example of how NGOs can play spoilsport and derail development. In fact, the state of Maharashtra is full of such examples where protests have led to massive projects getting derailed. The environment vigilante who block projects in the garb of protecting ecology are particularly prominent in this part of India.

Take for example the Nanar Refinery project in Maharashtra’s Ratnagiri- a ₹3 lakh crore project in which the Saudi petroleum and natural gas company, Aramco that is one of the biggest in the world, was going to invest heavily.

But the project has to be scrapped following agitations. Similarly, the environmental vigilante played spoilsport in a crucial Mumbai Metro project- the Aarey metro rail depot construction. The project itself was halted as soon as the Uddhav Thackeray government came into power in the state.

The Mumbai Metro project is being financed by the Japan International Cooperation Agency (JICA), but Ashwini Bhide, managing director, Mumbai Metro Rail Corporation (MMRC) feels that if the proposed Aarey car shed project is delayed then there could be a problem in its timely completion.

The ambitious Hyperloop and Bullet train projects in Maharashtra- both of which could have accelerated the state’s growth unprecedentedly have also run into trouble ever since the Uddhav Thackeray government came to power in Maharashtra.

In fact, anti-development agitations have been a political ploy for quite some time now, as foreign-funded NGOs along with political outfits often play spoilsport from the scrapping of the POSCO steel plant project in Odisha to the Singur agitation in West Bengal that had led to Tata Motors moving its Nano car project out of the state.

According to the 2014 IB report cited earlier, the “areas of action” of the foreign-funded NGOs have been anti-nuclear, anti-coal and anti-Genetically Modified Organisms protests.

But the report says that they have also been responsible for stalling big-bang industrial projects including those floated by POSCO and Vedanta. These NGOs are also said to be working to the detriment of mining, dam, and oil drilling projects in Northeastern India.

And this is not just about specific cases of protests, especially in the tribal, Naxal-dominated areas. The sheer vigilantism of the NGOs has led to obnoxious legislation like the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013.

This Act has created bottlenecks for several projects such as POCSO’s steel project in Jagatsinghpur, Odisha, and US investments in the Modi government’s flagship “Smart Cities” project.

When the Modi government tried to dilute the provisions of the controversial 2013 Act, it had immediately come under a fierce attack from the same NGO nexus.

Today, a number of companies are looking towards India, but the mighty Dragon won’t let the situation go out of its hands so easily. It might try to collude with the foreign funded NGOs in India, in order to push against its Indian competitors.

The foreign funding of NGOs keeps going up, despite the Modi government tightening the screws under the FCRA norms. The NGOs will in all probability continue with their hidden agenda, and it is time for the Modi government to effectively address all key stakeholders.

India offers the perfect conditions for any MNC, but the ambitions to emerge as a “manufacturing hub” could go down the drain given the hostile NGO ecosystem and networks within India.

Tags: ChinacompaniesHyndai steelIndiaJapanNGOsPOSCOSouth Korea
Share28TweetSend
Previous Post

Pakistanis masquerade as Arab personalities to target Hindus, foolish Indian Islamists cheer

Next Post

Top US agency ranks PM Modi No.1 in public approval ratings amid Coronavirus pandemic, Trump lags far behind

Akshay Narang

Akshay Narang

Patriot, Political Analyst, Amateur Historian

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Akhilesh Yadav

Upcoming Rajya Sabha polls in UP will mark the end of Akhilesh Yadav

16 May 2022
Is this the 1983 moment for Indian Badminton?

Is this the 1983 moment for Indian Badminton?

16 May 2022
Gyanvapi Mosque Survey

Gyanvapi Masjid Row: All lies exposed!

16 May 2022
The West that starved India of food, medicines and essential supplies is now crying about wheat

The West that starved India of food, medicines and essential supplies is now crying about wheat

16 May 2022

Popular This Week

JNU, leftist
Trending

JNU’s new admission strategy will destroy India’s last leftist bastion for good

by Akshay Narang
13 January 2022
Dear Deepika Padukone, here is a shortlist of South Indian women who ruled Bollywood
Trending

Dear Deepika Padukone, here is a shortlist of South Indian women who ruled Bollywood

by Tanya Trivedi
10 May 2022
tukey wheat India
Geopolitics

After the West, now Turkey extends its begging bowl to India

by Abhinav Singh
12 May 2022
Deepika
Cinema

The various victim cards of ‘Bechari’ Deepika Padukone

by Tanya Trivedi
10 May 2022
Anil Ambani Yes Bank
Business

From Yes Bank to SBI: How Anil Ambani tied many private and public sector banks around his neck and jumped into sea

by Amit Agrahari
17 March 2020

©2022 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFI Official Merchandise
हिन्दी
  • About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST

©2022 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost