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A failed attempt by the Dalai Lama to go into business and to raise funds for his government in exile by running an iron and steel plant is up for sale.
In her book "Born in Lhasa" Namgyal Taklha who is married to a brother of the Dalai Lama explains how Tibetan treasures smuggled out of the country after the Chinese invasion had been used to fund investments such as the Gayday Iron and Steel Company in the eastern Jharkhand state.
In the book she wrote that the Tibetan spiritual leader and his fellow monks had not been able to operate in the tough Indian business world - and also alleged that some dishonest Indian businessmen had been responsible for the failure of the venture.
The plant, located in the non-descript Hirodih town, 225 kilometers from the state capital Ranchi, once employed more than 500 workers. It shutdown in July 1976.
Now, local villagers are seeking to revive the legacy of the Tibetan spiritual leader. There are an estimated 16,000 people who live in Hirodih and four adjoining villages (Gamharwad, Revnadih, Chatamiyadih and Kathadih) - many of whom had parents that worked at the plant.
"We are hoping against hope. If the plant starts, many will get jobs," says Ram Balak Singh who once worked as mechanical maintenance supervisor in the plant that produced world-class steel spun pipes.
Singh, now 65, considers himself lucky. He spent ten minutes with the Dalai Lama during the latter's visit to the plant in late 1968-69.
Austrian Times
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