Opinion | Editorials
Tata pullout bodes ill for West Bengal
Rehabilitation, or realistic compensation, is the need of the hour.
Allowing opposition political forces to put the Tatas' much-awaited Nano project under siege has been a slap in the face for West Bengal's Marxist government and its inability to handle a crisis, especially in rural areas - the heartland of the Communist Party's vote bank. But it is here that the opposition is scoring points: Nandigram and now Singur being cases in point.
The word Tata is synonymous with commitment and progress and by exhibiting its lethargy the government has turned the other way in the face of development and wellbeing of the people, should the project have gone through. The current talks being held to salvage a solution to this crisis and an India-wide backing for the Tata Group by its contemporaries has shown that the labour force in West Bengal, or Singur, the site of the undertaking, would have benefited immensely.
The farmers on whose land the project was built, would have profited, thanks to rising land prices since it was announced. Rehabilitation, or realistic compensation, is the need of the hour. The Tata pullout, if complete, will seriously affect the fortunes of Brand Bengal, both in entity and finance, and deter other blue-chip investors.
Opinion Editor's choice
-
Russia, China complicit in Syria carnage
By Fawaz Turki, Special to Gulf News
By their double veto at the UN, they have chosen to back the Al Assad regime that is already wet spaghetti
-
Two prime ministers in trouble
By Kuldip Nayar, Special to Gulf News
Gilani faces contempt of court charge while Singh encounters moral responsibility in 2G scam case
-
Moving towards honest democracy
By Vladimir Putin, Prime Minister of Russia
Russia needs to unbundle power and property and separate executive power from system of checks over it




