Roadblocks Ahead * The MIDC has been winding up its plans to set up SEZs * As many as 28 SEZ proposals, in the government and private sector, were withdrawn or projects denotified in the last six months * Farmer protests, land acquisition problems, economic downturn and non-feasible tax regimes are cited as reasons for developers backing out. CM Prithviraj Chavan too exercises great caution. *** Mandated to create industrial opportunities in...
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Towards social development zones by R Gopalakrishnan
Social development zones (SDZs) represent a new approach to creating education and health institutions in the country connecting emerging opportunities in policy. These also address some major constraints that Indian private Investment faces today in investing in these two critical sectors of development that directly impact on unlocking human potential. These opportunities are presented by the commencement of Rajiv Awas Yojana, a property-rights driven effort at moving towards a slum-free India...
More »US universities in Africa 'land grab' by John Vidal and Claire Provost
Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study. Researchers say foreign investors are profiting from "land grabs" that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental...
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-The Indian Express Prime Minister Manmohan Singh’s direction to his ministers to update details of their business interests, assets and liabilities has yielded an interesting profile of his cabinet. The financial status of the powerful — how much wealth they have and how they invest it — always draws curiosity. Dr Singh sticks to fixed deposits, keeping his Investment beyond controversy. A.K. Antony’s loan funds a second-hand car. And Kamal...
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...
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