Wednesday, November 01, 2006

Special Economic Zones scandal

Singur is a shame and a scandal. And its similar to the shameful scandal of “Special Economic Zones”, under which a bounty of huge tracts of land and all kinds of financial exemptions is given to industrialists and real-estate sharks.

Sunita Narain has written in Down to Earth about this. She writes:

At a media-studded book release function, a leading editor was recounting a recent incident. He was traveling with a top Uttar Pradesh politician in his brand new plane. The politician told him that the plane was a gift from a leading industrialist. The editor was then told that the return gift by the politician was not meagre: it was 1,000 hectares of prime agricultural land for a new special economic zone (SEZ).

Read Sunita Narain’s article here.

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