Business Standard
Thursday, May 31, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Nirupam calls for political solution to Singur deadlock
BS Reporter / Kolkata Sep 03, 2009, 00:13 IST

The West Bengal government will not be able to bring any new investor for Singur unless a political solution is achieved.

State commerce and industry minister, Nirupam Sen said, “The problem with Singur is political. We must have a political solution, without that it’s not possible to do any project.” Sen was speaking on the sidelines of the opening of a Canadian trade office in Kolkata facilitated by the Confederation of Indian Industry (CII). On Tuesday, Tata Sons chairman, Ratan Tata said that he would return the land in Singur if the West Bengal government compensated the company for the investment it made at the site and was open to considering an alternative project there.

Tata Motors has renewed the lease for the year and so have most of the vendors. The total land at Singur was to the tune of 997 acres of which the mother plant was spread over 650 acres and the vendor park accounted for 290 acres.

Close to a year ago, Tata Motors pulled out its Nano project from Singur after an indefinite protest led by Trinamool Congress leader, Mamata Banerjee, who is now railway minister. Banerjee’s main demand was return of “400 acres” to unwilling land-losers though the state government puts the figure at 181 acres. Unless the issue of unwilling land-losers was resolved, the state government would not be in a position to invite investment proposals.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- Vodafone notice on arbitration premature: Govt
- Tata Motors skids as margins dip at JLR
- GSFC to augment capacities with Rs 800 cr investment
- Rupee-sensitive stocks risky for new investors
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us