-PTI The Supreme Court today asked Tata Motors to make its stand clear on its leasehold rights over the Singur land in the wake of changed scenario as the company had already moved its car plant out of West Bengal. "The land was acquired for establishing a car manufacturing plant at Singur. Now the purpose is no more there as you have already moved out. Now you cannot say that you still...
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Employment scheme becomes a huge hit with Gadchiroli tribals-Vivek Deshpande
-The Indian Express Nagpur: In Gadchiroli, where disadvantaged tribal youths have no employment opportunities other than in police and forest departments, a scheme providing assured jobs in five-star hotels and automobile and construction industries is proving to be a huge draw. ‘Skills development programme’ has since its launch in June last year provided jobs to over 170 youth with income ranging from Rs 4,000 to Rs 12,000. Those with a Rs-4,000 package are...
More »Bigger, not better
-The Business Standard Flawed govt policy is forcing car makers to shift to SUVs Over the next few months, Maruti Suzuki, Tata Motors, Ford, General Motors and Mahindra & Mahindra will launch new sports utility vehicles (SUVs). That’s because the market for SUVs is booming. Sales have grown 57 per cent in the first five months of this financial year (to 207,000 units), while passenger car and van sales have fallen...
More »Mamata Banerjee-led WBengal OK's Maruti Suzuki land grant
-The Indian Express With the Tata Motors fiasco still reverberating across India Inc and political circles across the country, Mamata Banerjee-ruled West Bengal has initiated steps to welcome another automaker by handing over land - this time a foreign one - albeit not for production but for a stockyard. The move is surprising also as Maruti was gung-ho about land in Narendra Modi's Gujarat and not much was known about negotiations in...
More »Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak
-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way. Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....
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