While Chidambaram is busy begging corporates across the globe for investing in India, the STEEL GIANT, POSCO has pulled out of KARNATAKA PROJECT which they were planning to set up in 2010, the reson being our complicated Bureaucratic, regulatory mess and corruption. Chidambaram shud understand that "a bird in hand is better than two in the bush".. We shud have made things easier for POSCO to continue with the proposed project. This pull out is a big loss to Karnataka state and to the economy of the nation ...
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