Economists divided over Singur judgmentSeptember 29th, 2011 - 12:07 am ICT by IANS
Kolkata, Sep 28 (IANS) Economists in the city are divided over Wednesday’s Calcutta High Court verdict upholding the validity of the Singur land act passed by the Mamata Banerjee led West Bengal government to return to the farmers the land acquired in Singur for Tata Motors’ small car project.
Jadavpur University professor Bipul Malakar hailed the judgment and said: “The verdict is for the welfare of the farmers. It will give them freedom to sell their land at any cost.”
“It is an eye opener for the civil society, the government as well as the corporates. The judgment will also boost the anti-land acquisition movement in the country,” said Malakar adding that the parties protesting against forcible acquisition will have to take bigger steps to ensure greater compensation.
Abhirup Sarkar, a professor of the Indian Statistical Institute, called the verdict “historic”.
“The land of the farmers have always been taken for building towns, factories etc. But this is perhaps the first time that land has been returned which now has the court’s approval. The course of history has been reversed,” Sarkar told IANS.
However, Dipankar Dasgupta, a former Indian Statistical Institute professor, said: “This is not good news for the industrial development of West Bengal as well as the entire country. Industrialists will not find it attractive to invest in the state anymore. The verdict is not a very happy news, particularly for the manufacturing sector in the country.”
Within a month of forming the government in May, Banerjee enacted the Singur Land Rehabilitation and Development Act, for returning the land to unwilling farmers from whom it was allegedly acquired by the erstwhile Left Front government for auto giants Tata Motors to set up a car factory in Hooghly’s Singur.
- Singur land act held valid, Singur farmers celebrate - Sep 29, 2011
- Land acquisition: Mamata gets dose of her own medicine - Jan 23, 2011
- I believe Singur's farmers will win, says Mamata - Jun 22, 2012
- Mamata buckles under anti-land acquisition stir, cancels Sankarail project (Lead) - Jan 14, 2011
- Mamata thanks people for moral support on Singur - Jun 23, 2012
- Farmers jubilant, but Mamata government has long haul ahead - Jun 27, 2011
- Mamata's railway measures to boost West Bengal economy - Feb 25, 2011
- Singur farmers distribute sweets, throw colour - Sep 28, 2011
- Singur farmers disappointed but still hopeful - Jun 22, 2012
- Mamata completes 30 days as West Bengal chief minister - Jun 20, 2011
- Assocham for state's role in land acquisition for industry - Oct 09, 2011
- West Bengal moves apex court on Singur land law - Aug 07, 2012
- Mamata plans factory on 600 acres of Singur land - May 28, 2012
- Monthly allowance to Singur's unwilling farmers doubled - Jun 27, 2012
- CPI-M mocks Mamata's industrial revolution remark - Nov 01, 2011
Tags: calcutta high court, car factory, car project, court verdict, development act, eye opener, happy news, hooghly, indian statistical institute, industrialists, institute professor, land acquisition, land act, land rehabilitation, malakar, mamata banerjee, manufacturing sector, small car, tata motors, west bengal government