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1 Oct 2014

Counter Currents

Time For Ethical Investment In India: A Call To Divest From POSCO

The Indian subcontinent is going through an extensive invasion on the resources of land, water and forests today…many groups and individuals have pressurized the share holders of companies to withdraw their shares from such investments which lead to destructive results…The record of POSCO on human rights violations are well known among activists all over the world...Counter Currents…appeal to all international readers and groups…to do whatever…to convince the share holders to divest from POSCO on the largest destructive development project which is taking shape in India…and to read the appeal [by anti-POSCO movement in Odisha]…and…express solidarity nationally and internationally to this…struggle. 

Part of the following timelines

India: Villagers agitate against POSCO & Odisha government alleging inappropriate rehabilitation packages against land acquired

India: Amid resistance from communities, POSCO offers to surrender land acquired for $12-billion steel project