Petition against Reliance SEZ in Punjab Haryana High Court

The fate of Reliance Industries Limited SEZ in Haryana will now be decided by the High Courts of Punjab and Haryana. We first exposed about the hush-hush land deal between Reliance Industries Limited and Haryana State Industries Development Corporation directly under the control of Haryana Government.

In a separate development, a public interest litigation has been filed in the Supreme Court of India seeking quashing of all land acquisitions for SEZs. Advocate Manohar Lal Sharma filed the petition, after state governments misused their power by using police force against farmers to forcibly evict them from the lands they own and the livelihood they earn from. The situation is similar to early 90s in Mumbai when underworld mafia was used to evict land owners. State Governments have become the mafia of the new age.

Industrialization not at the cost of our own farmers and our own fertile lands. Revisit the SEZ policy now.

SEZ India ,
Reliance SEZ ,
India Real Estate ,
Haryana SEZ

Land Shark, DLF rethinks of Punjab SEZ

Every Morning Indian's wake up to read a new land bank scam. DLF - Building India(by looting Indians) is rethinking twice about it's Punjab SEZ.

DNA reports that, Though the Centre has approved the SEZ in Amritsar, DLF may find the going tough without full support from the state government. Earlier, the government had promised to help DLF buy land for the SEZ at concessional rates.

Comments: concessional rates ? Are you F*cking Insane ? First, you are throwing the peasants out of job, then seizing their land by just giving peanuts ? Also India we lose productive farm lands. Why not hire hitmen like the Mumbai underworld to get rid of farmers ? Any government that is involved in such a scandal must be brought down immediately.

DNA, Adds, Now DLF may be required to pay farmers the market price for the land. It had proposed to acquire 1,232 acres of land. Farmers organized rail roko agitations in protest.

JD(U) leader, Sharad Yadav has called the SEZ Act as the largest Real Estate Scam in the world. He has also asked PM to intervene and scrap the SEZ act.

SEZ India ,
DLF India ,
India Real Estate ,
India Land Bank Scam

TCS enters Gujarat through SEZ

India's largest software services company, Tata Consultancy Services is all set to start its operations in the industrialized state of Gujarat. TCS has taken the SEZ route which is located near InfocCity in GandhiNagar.

The SEZ will be located on a plot of 20 acres with a built ip area of 100,000 Sq Meters and will house 2,500 employees.

SEZs create 80,000 jobs - Mr. Pillai

Mr. G K Pillai, Secretary for Board of Approvals of SEZs claim that 80,000 jobs are created of SEZs approved and operational after passing the 2005 SEZ act. Mr. Pillai's announcement is rightly timed considering the criticism SEZs are facing from various factions of the society and a nationwide protest beginning in Mumbai by the Left parties.

Pillai cited the example of Nokia which has created 2,800 jobs for women in their Chennai manufacturing unit. Close to $700 million investment has already flown into the country. He further added that Motorola would invest $1.5 Billion in Chennai plant and would create 30,000 direct and indirect jobs.

George Soros ups stake in Anant Raj Industries

The kingpin of Asian Financial Crisis, George Soros, who had earlier bought 1% stake in Amit Sarin promoted Anant Raj Industries Limited has now increased his stake in the same company to 2%. George picked about 2.5 lakh shares through open market transactions for a price range of Rs 830-840. Amit Sarin confirmed the development.

Anant Raj Industries, a major player in the ceramics tile industry in the past, now generates more than half of its revenues from the real estate business. Within the real estate sector the company has an interesting business model that involves renting of commercial space which brings fixed revenues every month.

Lets hope that George Soros will not be another Keery Packer of Himachal Futuristic Communications Limited. LOL

Tata Motors Land acquisition Turns Violent

We have been saying from day one that SEZ policy is against many sections of the society. The Central Government under Union Commerce Minister, Kamal Nath which formed flawed and biased SEZ policy all of a sudden realized that fertile farm lands should not be used for SEZ after protest from Left Parties and later from Sonia Gandhi.

Just few hours ago, Mamata Banerjee protesting against the Singur SEZ near Hoogly by Tata Motors Limited was arrested after she joined the poor farmers whose lands are being grabbed as if their is no tomorrow. Farmers are unwilling to part with their fertile lands but looks like the state government had some vested interest and ordered the state police force to intervene which is when the protest turned violent. Trinamool Congress Leader Mamata Banerjee was manhandled and her leading followers are arrested.

Draft Norms for SEZs in India

The controversial SEZ (a.k.a Shangri-La for Real Estate Sharks) policy finally has some norms. This is coming after approval of these SEZs. The commerce ministry in control of the SEZs doesn't have a proper plan or strategy and is being criticized from every walk of life from IMF to the Reserve Bank of India.

Here is a brief outline of the new norms. If You have any objection against the land grabbers, e-mail your complaints to PM India and CC to Commerce ministry.

• Multi product SEZs require net worth of at least Rs 250 crore and a minimum investment of Rs. 1,000 crore.
• Sector-specific SEZs require minimum investment of Rs. 250 crore and the minimum net worth of Rs. 50 crore.
• Developers of sector-specific SEZs can build a maximum of 7,500 houses, a 100-room hotel, a 25-bed hospital and have an office space of up to 50,000 sq. metres in the non-processing area.
• Developers of multi-product zones, can build a maximum of 25,000 houses, a hotel with 250 rooms, a 100-bed hospital and office space of not more than 250,000 sq. metres. However, developers can build houses only in stages and the houses cannot be sold.
• IT SEZs brought under the supervision of STPIs but will take directions from the Commerce Minsitry on policy and complex issues.
  

Don't hesitate to write to the PM of India, Dr Manmohan Singh, who is also the architect of reforms in India.

Strong momentum against SEZ policy in India

With 150 SEZs so far cleared, which together have grabbed 26,800 hectares of land and another 225 SEZs waiting approval are all set to grab an additional 75,000 hectares of land, in and around prime locations of cities, metros, ports and highways illegally displacing lakhs of small agriculturalists and peasants. peasants.

This time the momentum against SEZ is from coalition partners of the ruling United Progressive Alliance (UPA), the left parties.

Mr. G K Pillai, Special Secretary Commerce Ministry, affirmatively said that,
"I challenge, let them show a single case of any misuse of real estate policy in any SEZ".

Sir, May I ask you where is the necessary for misuse when the policy has been constructed with so many flaws that one can exploit them without any "misuse". Until today their was no regulation as to who could file for an SEZ, even a Panwallah could. But the biased board of approvals of SEZ finally came with guidelines of noteworthiness as to who can actually file for one.

Commerce Minister, Mr. KamalNath has invited a meeting of state government representatives on Thursday to discuss land acquisition policies while the left parties have announced that they will begin a nationwide agitation against the SEZ policy on the same day starting in Mumbai.

CPIM leader, Sitaram Yechury, (Left) in a statement said that,
"... reducing agricultural land for the sake of SEZ is not a correct policy. Agricultural land loss of revenue and the fear of this whole exercise turning into a Shangri-La for real estate sharks. There needs to be 75 per cent of the land kept aside for processing"

WOW! I like that phrase "Shangri-La for Real Estate Sharks" :-)

Rural Development Minister, Raghunvash Prasad is up against SEZ policy makers saying, "The acquisition of agricultural land is a huge issue I am going to speak to the Prime Minister about this. The SEZ policy needs to be re-looked at"

Final Thoughts: Sure lets build the nation, but at whose cost ? Cost of our own citizens, no this isn't acceptable under the idealism of Gandhiji. Lets innovate, build world class products instead of squeezing and making the lives of our own countrymen miserable.