Business Daily from THE HINDU group of publications
Monday, Oct 06, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Opinion - Letters
Get Latest Quote and Company Info
Nano project

This refers to the report “Tatas pull out of Singur; to look at Nano relocation” (Business Line, October 4).

Ratan Tata’s decision to abandon the Singur Nano car project is indeed unfortunate. And the Trinamool Congress leader, Ms Mamata Banerjee, has earned the dubious distinction of having put an end to a prestigious industrial project in her home State of West Bengal, which craves for industrial development.

The State Chief Minister Mr Buddhadeb Bhattacharjee, who rolled out the red carpet for Tata Motors two years ago, could not do much in seeing the project through. In a way, it is a failure of the State Government.

At least while relocating the firm the Tata group must ensure that it gets the nod, not only from the State Government but also from the major Opposition parties to avert a repetition of the Singur fiasco.

S. Ramakrishnasayee Ranipet

Singur syndrome

Tata’s Nano project in Singur has been called off, much to the disadvantage of West Bengal and to the dismay of lakhs of unemployed youth in the region. The fears of prospective investors are only going to worsen as far as the State is concerned. The cascading effect of the Singur pullout by the Tatas will be telling.

This incident only highlights that politicians do not want to reason out or listen to the benefits on industrialisation. Take China, for example, a country that has managed to balance agriculture with industry. Time for us to take a leaf from their experience and not allow politicians to decide for the people.

Ashok Jayaram Bangalore

More Stories on : Letters | Cars | Tata Motors Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
The rise and fall of investment banks


Learning from Singur fiasco
Getting ‘real’ about financialisation
The bailout needs a bailout
Europe’s contingency plan
Labour management
Economy and ecosystem
Nano project




eWorld



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line