People with agricultural land that they do not wish to cultivate will soon have the option of depositing it in government land banks that will offer them consistent monetary returns. With an incentive system broadly on the lines of a bank account, the public land bank will offer payments based on the tenure and size of the holding with additional benefits if the land is leased out. "A lot of land is...
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Farmers thwart bid to sell mining lease in Bichwa, Tekadi by Vijay Pinjarkar
-The Times of India The farmers from Bichwa and Tekadi in the district have thwarted an attempt to sell mining leases which have already been suspended by Indian Bureau of Mines (IBM). The state government had granted lease for manganese and dolomite mining over 17.25 hectares in Bichwa and 11.5 hectares in Tekadi to one AD Kuhite of Nagpur on March 22, 1996. The 20-year lease period expires on August 10, 2016. However,...
More »‘Landgrab' overseas by Jayati Ghosh
The global 'farmland grab' in Ethiopia and the rest of Africa has become competitive, with companies from Asia, including India and China, joining it. AN extraordinary new process has been at work in the past few years: the aggressive entry of Indian corporations into the markets for agricultural land in Africa. At one level, this process is simply following the hoary old tradition in global capitalism of firms (often supported...
More »Mamata Banerjee re-acquires some land leased out to Tatas in Singur
-The Economic Times The West Bengal government on Thursday promulgated an Ordinance to re-acquire 400 acres of the 997-acre Singur property that was leased out to the Tatas in March 2007 for the Nano project . The ordinance has been signed by governor MK Narayanan. The ordinance presumably kills two birds with a stone. It will enable chief minister Mamata Banerjee to keep a nearly three-year-old promise she had made to Singur's...
More »Ordinance ‘takes back’ Tata land
-The Telegraph Chief minister Mamata Banerjee today said the state government had “taken back” through an ordinance the 997.11 acres lying with the Tatas and vendors in Singur to fulfil the promise of returning plots to disgruntled farmers. The dramatic announcement evoked studied silence from the Tatas, sounded the death knell for the agreement the business group signed with the erstwhile Left government and triggered hair-splitting that raised questions about the...
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