I suspect some of the problem is due to valuation of the land. They should not only value the land at fair prices, they should also compensate the farmer for loss of livelyhood for the next 20 years. Acquisition of fertile agricultural land is not like acquiring land in urban aeas where livelyhood is not tied to the land. Now I appreciate India's democracy where problems are brought to the surface. However,I wish there had been no violence.
RE:Valuation
by Bhaskar Chattopadhyay on Mar 18, 2007 09:59 AM Permalink
Yes, valuation is one part. CPIM is taking average of last 3 years price, while in case of real estate we know how the valuation zooms even month to month.
However, there are people, who will NOT sell their land irrespective of price.
Even today, at Singur while TATA is working on the project, some 35-40% people have not collected their money.
In a short, Govt/CPIM has no role to play in land acquistion. Industrialists are buying land directly from farmers/owners in rest of India WITHOUT ANY PROBLEM. But Buddha is nOT allwing that to happen. He and CPIM wants to make good money out of this.
