13 years after Singur row, West Bengal minister says Tatas ‘most welcome’

News Network
July 19, 2021

Kolkata, July 19: Thirteen years after their small car project was forced out of West Bengal following the anti-land acquisition movement in Singur, Industry and IT Minister Partha Chatterjee has said talks are on with the Tatas for big-ticket investments in the state.

Underscoring job creation as the TMC government's top priority, Chatterjee also said incentives to companies will depend on their ability to generate employment.

He said the Mamata Banerjee dispensation wants two large manufacturing units to be set up by any prominent industrial house at the earliest.

"We never had any enmity with the Tatas, neither we fought against them. They are one of the most respected and biggest business houses of this country and also abroad. You can't blame the Tatas (for the Singur fiasco).

"The problem was with the Left Front government and its forcible land acquisition policy. Tata group is always most welcome to come and invest in Bengal," Chatterjee, also the ruling TMC's secretary general, told PTI in an interview.

Chatterjee said the salt to steel business conglomerate has shown interest in setting up another Tata Centre in Kolkata to house its offices.

"We already have the presence of Tata Metaliks, one Tata Centre besides the TCS here. But if they are willing to come up with big-ticket investments in manufacturing or other sectors, there is no problem. Our IT secretary recently told me they had shown interest in setting up a Tata Centre here," he said.

When asked whether the state government will go the extra mile to reach out to the Tatas, Chatterjee said he is already in touch with group officials to attract investment.

Singur, once known for multiple crop farming, hogged media limelight after Tata Motors set its sight on the land to build its cheapest car Nano in 2006. The Left Front government acquired 997.11 acres along the National Highway 2 and handed it over to the company.

Mamata Banerjee, then in the opposition, called a 26- day hunger strike demanding the return of 347 acres of farmland that was "forcibly" acquired.

Despite several rounds of meetings between the TMC and the Left Front government, the issue could not be resolved and the Tatas eventually moved out of Singur to Sanand in Gujarat in 2008. The land acquired for the project was subsequently returned to farmers in 2016.

When asked whether the government will invite the Tatas to set up a manufacturing unit at Singur once again, the minister said, "Why would Tatas want to return to Singur? The land has already been given back to farmers. We are planning to come up with agro-based industries there as the area's economy is based on agriculture."

Speaking about the government's priority areas for rapid industrialisation and employment generation, Chatterjee said setting up two major manufacturing units, specifically in the iron and steel sector, topped the list.

"Industrialisation and job creation have been the focus areas in our party manifesto. No doubt it's a challenge as the situation across the globe is not conducive due to the Covid situation.

"Our priority right now would be to bring two big manufacturing companies which are job creators. I am speaking to various stakeholders, industry captains and officials about it. We are on the job," he said.

Chatterjee said although information technology does not fall in the category of manufacturing sector, the government is looking for more investments there too.

The minister assured the issue of delay in land acquisition and related approvals, and incentives sought by industry for setting up their units will be addressed promptly.

"We will simplify the process of clearances required for land needed for setting up industries. I will discuss the matter with our chief minister. There will be promptness so that industries don't have any complaints about delay," he said.

"Second is the incentive part. We earlier had an incentive scheme, but we did away with it as the incentives companies were seeking and offers they had for us in terms of job creation and revenue generation, did not balance out. Now incentives will be decided depending on their proposals and the scale of jobs that will be created," he said.

Chatterjee, however, emphatically noted that there won't be any change in the government's land policy of "no forcible acquisition".

The industry, he said, will have to acquire land on its own or from the government's notified land bank and industrial parks.

"It is our stated stand that there will be no forcible land acquisition," he said, adding West Bengal has good connectivity, infrastructure, and law and order conducive for industries. The labour is skilled and inexpensive, he said.

Chatterjee rejected suggestions that the anti-land acquisition agitations in Singur and Nandigram had given the TMC an anti-industry image. "Had it been the case, the party won't have won three consecutive terms in office with a resounding mandate," he asserted.

The minister replied in the negative to a question about whether the constant bickering between the state and the Centre will pose a hurdle in bringing in new investments, but advised the BJP-led government to follow the spirit of federalism. 

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News Network
April 14,2024

Qatar and Kuwait have banned any use of their airspace and air bases for attacks against Iran amid heightened tensions between Iran and the Israeli regime following an Israeli attack early this month on an Iranian diplomatic mission in Syria.

Reports on Saturday indicated that both Qatar and Kuwait had issued directives to the United States stressing that the US military will not be allowed to use air bases in the two countries for carrying out any potential airstrikes on Iran.

Qatar and Kuwait have also indicated that their airspace will not be available for any military action against Iran.

The US has military aircraft at the Ali Al Salem Air Base and Ahmed Al Jaber Air Base in Kuwait. The Al Udeid Air Base in Qatar is also the largest US air base in the West Asia region.

The directives issued by Iran’s two Arab neighbors come amid reports showing that Iran is preparing to respond to an Israeli airstrike that killed two of its senior military commanders in its consulate in the Syrian capital Damascus on April 1.

Washington has urged Iran to deescalate while saying that it will defend Israel in case it is attacked.

Iran, which has no direct relations with the US, has called on regional Arab countries to advise the US not to interfere if Israel is attacked.

Countries have been wary of a major confrontation in the region more than six months into an Israeli onslaught on the Gaza Strip.

Reports show they have already limited the ability of the US to use their airspace and air bases for attacks on resistance groups that are allied with Iran and have been attacking Israeli and US interests in the region since the start of the Israeli aggression on Gaza.

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News Network
April 17,2024

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New Delhi: Searches conducted by the Enforcement Directorate (ED) under the anti-money laundering law rose by 86 times while arrests and attachment of assets jumped by around 25 times in the ten years since 2014 compared to the preceding nine-year period, according to official data.

An analysis of the data by PTI for the last ten years, between April 2014 and March 2024, against the nine years from July 2005 to March 2014 presents a picture of the federal agency's "intensified" action under various sections of the Prevention of Money Laundering Act (PMLA).

The PMLA was enacted in 2002 and implemented from July 1, 2005, to check serious crimes of tax evasion, generation of black money and money laundering.

While the opposition parties have alleged that the ED's action during the last decade was part of the BJP-led central government's "oppressive" tactics against its rivals and others, the Union government and the ruling party have asserted that the agency is independent and its investigations were purely based on merit and under the mandate to act against the corrupt.

The ED booked as many as 5,155 PMLA cases during the last ten years as compared to a total of 1,797 complaints or Enforcement Case Information Reports (ECIRs or FIRs) filed during the preceding period (2005-14), a jump of about three times, the data said.

The data shows that the agency also got its first conviction starting the 2014 fiscal and it has, till now, got 63 persons punished under the anti-money laundering law.

The ED conducted 7,264 searches or raids in money laundering cases across the country during the 2014-2024 period as compared to just 84 in the preceding period - a jump of 86 times.

It also arrested a total of 755 people during the last decade and attached assets worth Rs 1,21,618 crore as compared to 29 arrests and Rs 5,086.43 crore worth of attachments respectively during the last compared period, the data stated.

The arrests are 26 times more, while figures related to the attachment of properties are 24 times higher.

The agency issued 1,971 provisional attachment orders for various types of immovable and movable assets during the last decade as compared to 311 such orders taken out in the preceding comparable period.

It got about 84 per cent of the attachment orders confirmed from the Adjudicating Authority of the PMLA during 2014-24 as compared to 68 per cent confirmations from the same authority during the last compared period.

The filing of charge sheets also saw a jump of 12 times in the last decade with 1,281 prosecution complaints filed by it before courts as against 102 during the preceding period.

The data said the ED secured conviction orders in 36 cases from various courts leading to the prosecution of 63 persons and a total of 73 charge sheets were disposed of during the last decade.

No conviction was obtained by the agency nor any charge sheet was disposed of under the anti-money laundering law during the 2005-14 period, according to the statistics.

The agency also got the court's permission to confiscate assets (attached as proceeds of crime under the PMLA) worth Rs 15,710.96 crore and it also restituted properties (including bank funds) of Rs 16,404.19 crore (out of the total amount under confiscation) during the last decade.

As there were no convictions during the preceding nine-year period, no confiscation of assets and resultant restitution could take place, as per the data.

The ED is also empowered to seize cash under the PMLA and the data said the agency froze more than Rs 2,310 crore worth of Indian and foreign currency during the last ten years as compared to a figure of Rs 43 lakh during the preceding period.

The agency also got notified a total of 24 Interpol red notices for apprehension of various accused who left India and hid in foreign shores and sent 43 extradition requests during 2014-24.

No such action was taken by the agency during the preceding period.

Four persons were extradited to India during the last ten-year time period while similar orders were secured against businessmen Vijay Mallya, Nirav Modi and Sanjay Bhandari. The three are based in the UK and the ED is trying to bring them back to the country as all the accused are contesting the orders issued against them.

"These statistics reflect the intensive drive that the ED has undertaken to check money laundering crimes," an agency official said.

The ED investigates financial crimes under two criminal laws -- the Prevention of Money Laundering Act (PMLA) and the Fugitive Economic Offenders Act (FEOA) -- apart from the civil provisions of the Foreign Exchange Management Act (FEMA).

The FEOA was enacted by the Narendra Modi government in 2018 to cripple those who are charged with high-value economic frauds and abscond from the country to evade the law.

The ED, as per the data, filed a total of 19 such applications before the designated special PMLA courts in the country following which 12 persons have been declared fugitive economic offenders.

It also confiscated assets worth Rs 906 crore under the said law by the end of the last fiscal on March 31.

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News Network
April 16,2024

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New Delhi:  Twenty-nine Maoists, including a senior rebel leader - Shankar Rao, who had a bounty of ₹ 25 lakh on his head - were killed by security forces during an encounter in Chhattisgarh's Kanker district on Tuesday afternoon. A huge quantity of weapons, including Ak-47 and INSAS rifles, were recovered. 

Three security personnel were injured in the gunfight, which took place in forests near the village of Binagunda after a joint team of District Reserve Guard and Border Security Force were attacked.

Two of the three injured are from the BSF. Their condition is stable but the third - from the DRG - is in critical care. All three received treatment at a local hospital and are to be shifted to a larger facility.

Sources said the fighting began at around 2 PM, when a joint DRG-BSF team was conducting an anti-Maoist operation. The DRG was set up in in 2008 to combat Maoist activities in the state, and the Border Security Force has been deployed extensively in the area to for counter-insurgency ops.

There was another encounter in the district last month, in which two people - a Maoist and a cop - were killed, and security forces recovered a gun, some explosives, and other incriminating materials.

Personnel from the DRG and Bastar Fighters, both units of the state police force, with the Border Security Force, were involved in that operation, officials told news agency PTI. The patrolling team was cordoning off a forested area when fired on indiscriminately, leading to the gun battle.

In November last year, while the state was voting in the first phase of an Assembly election, a gunfight broke out between security forces and Maoist rebels in the same district.

An Ak-47 rifle was recovered from the encounter site.

On the same day, while polling was taking place, Maoists fired at DRG personnel deployed near a polling station in Banda in Dantewada district.

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