Wednesday, September 24, 2008

Tatas might ‘relocate’ to new state

Tatas might ‘relocate’ to new state

Kolkata, Sept. 24: The exit of Tata Motors, which had suspended construction work at its Nano plant in Singur on September 2, seems imminent. The automobile major is believed to have finally decided to "relocate" the small car project to some other state. Although Tata Motors authorities have not confirmed the news, sources said that the decision was taken following the collapse of the talks between chief minister Buddhadeb Bhattacharjee and Trinamul Congress chief Mamata Banerjee and the outright rejection of the state government’s new compensation and rehabilitation package by the latter. "The brutal assault on the private security guards inside the project area on Monday night proved the proverbial last straw," sources added.

Apprehending the grim reality, the CPI(M) on Wednesday expressed dismay over the dilly-dally in execution of the Tata Motors Nano project in Singur. The party satraps have even become stoic and hinted that the chance of its commissioning would be remote.

CPI(M) general secretary Prakash Karat, who was in the city on Wednesday, said, "The more the project is delayed, the prospect of its coming up becomes bleaker." Describing the Singur project as vital that would have been the nucleus of the industrial revival of the state, Mr Karat said that the project is currently suspended following unreasonable demand of the Opposition parties for 400 acres of land for the farmers evicted from the area.

The state government also expressed fear that the Tata Motors might pull out of Singur following the continued impasse over the return of 400 acres of land from within the Nano project area to farmers.
Read more:
http://www.khabrein.info/index.php?option=com_content&task=view&id=17033&Itemid=70

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