SEZ : A land grabing scheme of modern landlords and money landers
SEZ the land garbing by govt and is the largest global scam so for given are the facts below all the claims of corrupt politician and corrupt govt not to be believed.
they are all fake and lies. and govt is role of jamindars and banks are in rore of money lander (mahagan). Both are looting and the leader is Dr. Manmohan singh, corrupt politician of the india
Government claims that these SEZs will help in attracting foreign investment of $5 billion by 2007 and will generate 1.5 million jobs.
Several industrialists and Ministry of Finance fear that Government will lose around Rs1790 billion by providing tax-holidays and other benefits to the industrialists.
1) 9,140 hectares of land, out of a total 26,880 hectares for the 150 approved zones, was already in possession of state industrial corporations.
2) No fresh farm land has been acquired for the zones.
3) 225 applications pending before the Board of Approval involve 75,000 hectares of land, which is only 0.000625 per cent of the 120 million hectares under cultivation in the country.
4) Board of Approval had made clear that no ‘double cropped’ land would be acquired for SEZs.
5) Locals had benefited from the appreciation in land prices due to the zones.
6) SEZs was likely to be 500,000 by December 2007, while FDI of between $5-6 billion was expected by them in infrastructure development and setting up of units.
7) 35 per cent of the zone as processing area and 75 per cent as non-processing area, Limit was far higher than the norm, which is usually around 12-15 per cent.
Contra views are no less strong . Storiesof dissent compiled from various reports and presented below to help you form your won opinion.
If you look at the Map on your left, China has only 5 SEZs, India has approved 200 and still counting. All the Chinese SEZs are located along the coast line. Indian SEZs are mostly concentrated near major cities and more than half are being developed by Real Estate Companies in order to make a quick buck by grabbing land at cheap prices under SEZ land acquisition act which is a scam in itself. KPMG India, Tax Head, Sudhir Kapadia said, "They(Chinese SEZs) are close to ports and trade nations like Hong Kong, Macau and Taiwan. A lot of thought has gone into the location of these SEZs. "
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