Monthly Archives: May 2016

Vedanta sponsored Jaipur Literature Festival disrupted in London

JLF protest 201620th May 2016. A massive thank you to all the writers, bloggers, activists and supporters who made the JLF boycott a huge success. Please read more on the London protest and and press coverage below:

  A group of protesters from a wide range of organisations today disrupted the Jaipur Literature Festival at London’s Southbank Centre, taking over the stage with their placards and giving shouted speeches to the eminent audience about the multiple criminal convictions and abusive pattern of operation of the festival’s main sponsor, the British mining company Vedanta. A number of attendees left the event in response. NDTV journalist Barkha Dutt’s presentation was also disrupted by chanting naming the news channel for taking Vedanta funding for the Our Girls Our Pride campaign which is accused of being a whitewash sham for the company.

Vedanta's logo stickered over on programme

Vedanta’s logo stickered over on programme

Earlier two speakers at the festival – the scientist and broadcaster Aarathi Prasad and K. Satchidanandan, a Malayalam and English poet – had pulled out in response to an open letter calling for a boycott of the event in view of its sponsorship by ‘the world’s most hated company’. Another four speakers – Vasundhara Raje, Meghnad Desai, Gavin Francis and Rachel Spence – also had their names removed from the programme suggesting they too have refused to participate. Nonetheless Sanjoy Roy, the managing director of Teamwork Arts and festival organisers Namita Gokhale and William Dalrymple have continued to defend their sponsor in the media even claiming Vedanta are not guilty of any criminality, despite multiple convictions cited in the open letter. However, the Vedanta logo was removed from publicity on the day and stickers were used to poorly conceal the logo on the programmes.

Press coverage:

Kavita Bhanot – JLF Brings ‘Exotic India’ To Your Doorstep – Who Pays The Price?

The Hindu – Anti Vedanta protests mar JLF event in South Bank London

Ravinder Kaur – JLF Southbank: By ignoring boycott call, writers may have missed out on powerful stories of dissent

The Wire – Writers Protest Vedanta Sponsorship of Jaipur Lit Fest London

Sabrang India – Protesters Disrupt Jaipur Lit-fest Sponsored by Vedanta in London

Sabrang India – Boycott Vedanta’s London festival and bid to seek legitimacy: Writers

Eyezine – Why Jaipur Lit Fest needs to remove Vedanta from its sponsors

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Authors pull out of Vedanta JLF, and a rebuttal to the organisers

JLF flyer with pulled out authors17th May. On 14th May we released an open letter calling for the renowned authors and artists participating in the Jaipur Literature Festival at Southbank, London, to pull out of the event in view of its sponsorship by Vedanta Resources – dubbed ‘the world’s most hated company’. The letter has now been signed by over 100 writers, academics, activists and people directly affected by Vedanta’s operations, including poets Nabina Das, Hemant Devate, Rafiq Kathwari and Surya Vahni Priya Capildeo and writers Tariq Mehmood, Hansda Sowvendra Shekhar, Courttia Newland and Gladson Dungdung.

In response two speakers have already pulled out. The scientist and broadcaster Aarathi Prasad and K. Satchidanandan, a Malayalam and English poet have both refused to participate. (Please see the full article critiquing the neocolonialist approach of the Jaipur Literature Festival by Kavita Bhanot here)

Despite this, Sanjoy Roy, the managing director of Teamwork Arts, which produces the festival, issued this statement to the media on behalf of the festival organisers Namita Gokhale and William Dalrymple:

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Boycott Vedanta sponsorship of JLF 2016

Boycott JLF flyer14th May 2016.  On May 21st the high profile Jaipur Literature Festival will take place in Southbank London with Vedanta as its key sponsor*. Foil Vedanta and Roundtable India have authored this open letter to the many renowned authors taking part, asking them to boycott the event in view of Vedanta’s criminal activities.** The letter has been signed by eminent writers, academics, activists and people directly affected by Vedanta’s criminal activities. A protest will also be held outside the event from 10am to 1pm at the Southbank centre, SE1 9PX, London.

*JLF have now removed Vedanta’s  logo from their website. Please see the original page with Vedanta logo on the internet archive.

** Please see the update to this post as authors are pulling out.

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Vedanta’s toxic debt tricks

Vedanta AGM 20135th May 2016 With $2.9 billion in debt covenants and inter-company loans due in 2016 Vedanta is turning to increasingly controversial and irregular methods to bleed cash from its few profitable subsidiaries. Having already asset stripped the Zambian Konkola Copper Mines, being prevented by an employees union from getting access to Hindustan Zinc Ltd’s $4.6 billion cash reserves, and by shareholder action from getting hold of Cairn India’s cash, Vedanta are now paying themselves ridiculous 1200% dividends in a desperate attempt to grab the cash and keep the lenders happy.

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