Thursday, August 11, 2011

Bengal govt to vest 270 acres of JSW in Salboni:(

My initial reactions was:
Don't know what the govt is upto!!! First the land acquisition problems are scaring away the investors. And when the industry is acquiring land by themselves, they are being vested by referring to archaic land acquisition laws even when there are no reprisals by the landowners. Anti-industry and politically motivated...
Source: Business-Standard


Vest & lease plan for Jindals:
Some respite for the Jindal's perhaps after their setback in Karnataka where the Lokayukta indicted them of wrong-doings. 
The Bengal government will vest the land the Jindals bought in Salboni in excess of the land ceiling and lease it back to their steel project to circumvent a procedural twilight zone.
Source: The Telegraph


"....The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind...."

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