India's leading Industrialist and Bajaj Auto Chairman, Rahul Bajaj who is also a member of the upper house [Rajya Sabha] just a while ago declared in the Parliament that SEZs in India are the biggest Land bank Scams in the World.
Advocating direct interaction with the farmers, he said, if vast stretches of land have to be acquired to set up SEZs the companies must get them by paying the right value, and not the subsidised rates and not by taking innocent lives like the communist leaders in Bengal did.
He also said it would not be fair to compare the SEZs in India with that of China, as in case of the latter the land is owned by the state and the benefits go directly to the people. But, in this case it is the developer who is benefiting the most.
Bajaj said development of an industrial area does not mean it has to be near an existing city. It would be of more significance if the infrastructure creation takes place at a distance providing an opportunity to promote auxiliary settlement, he added.
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