Wednesday, July 12, 2006

Infosys hates SEZ policy but loves free lands by Karnataka Government :)

Infosys HR-Director came down heavily on SEZ policy,

It is not at all conducive and the process for approval is tedious. It takes around 9-12 months for a company to get the necessary clearances. The SEZ policies are against small companies and the government should work towards helping them. That is where innovation happens. The STPI is one of the best initiatives that the Indian government had taken and that should be adopted in the SEZ regime. The SEZ policies in its present form favours a real-estate developer.

Then why is Infosys so bent upon acquiring 845 acres of Government lands when no other company is asking for such huge chunk of land at Government rates. Why doesn't Infosys go andBUY them at market rates ?

No comments: