Skip to main content

Modi govt enabled Gujarat's Adani group to prosper by giving away land dirt cheap: Forbes Asia

Fish catch affected because of industrial
development near Mundra
By Our Representative
The world’s powerful business journal, Forbes Asia, in its latest issue (March 24, 2014), in an article titled “Doing Big Business in Modi's Gujarat”, has accused the Narendra Modi government of handing over Gujarat’s Adani Group cheap land, on which it “has built his cash cow – the country’s private port by volume, as well as a 4,620-megawatt coal-fired power plant.” Adani has, says the journal, “over the years, leased 7,350 hectares–much of which he got from 2005 onward from the government in Mundra in the Gulf of Kutch in Gujarat.”
To substantiate its point, Forbes Asia said, the journal “has copies of the agreements that show Adani got the 30-year, renewable leases for as little as one US cent a square meter (the rate maxed out at 45 cents a square meter). He in turn has sublet this land to other companies, including state-owned Indian Oil Co., for as much as $11 a square meter. Between 2005 and 2007 at least 1,200 hectares of grazing land was taken away from villagers.”
Worse, the Forbes Asia said, Adani was handed over grazing land. “Under Indian law land meant for grazing cattle can be used for something else only if it’s in excess. There’s a formula applied to calculate. Even then the village chief has to give permission to take the land. Villagers in Adani’s SEZ say their grazing land was signed away by earlier village chiefs without their knowledge. They have filed multiple cases in the Gujarat High Court to contest the government’s actions, going back to 2005 and even earlier. Several cases are still pending”, it said.
Written by Megha Bahree, Forbes Asia commentator, the article says, all this has been made possible because of Adani’s closeness to Modi. “None of the other companies in Kutch, or the rest of Gujarat for that matter, have received the kind of largesse on land rates as Adani”, it says, adding, the region where Adanis have prospered was once “famous for its crops of sapodilla, a brown, fleshy fruit slightly smaller than a tennis ball, as well as dates, coconuts and castor.”
Bahree says, “Area farmers say that that’s no longer the case. Fly ash and saline water from Adani Power and a nearby Tata Power Co. Ltd. plant are spoiling the crops and making the soil less fertile, they say. For miles at a stretch the chimneys of the two power plants are visible against the horizon.” Other crops affected include cotton, millet and castor.
Denying the allegations, in an e-mailed response to questions, a spokeswoman for Adani Group said it had been “allotted government land after following all established processes and used valuations applicable at the time, ahead of subsequent improvements”, adding, “It will be completely misleading if we compare the price of the land before development and after development as an entrepreneur takes risk of investing a large amount to develop this land, and if the commercial venture fails, the consequences are only to the developer”.
Yet, the journal insists, apart from farmers, fishermen have also suffered, because of industrial development around Mundra. It reports “a 60% drop in his catch in the last few months” blaming it on the Tatas’ultra mega power plant, coming up in the vicinity. “As the plant takes in seawater, it also sucks up fish that are still small, killing them instantly”, Forbes Asia quotes fishermen’s representatives to say. “The plant releases hot water back into the sea, raising temperatures in the immediate vicinity, killing more fish and changing migratory patterns.”
---
Click HERE to read full article

Comments

TRENDING

Avoidable Narmada floods: Modi birthday fete caused long wait for release of dam waters

Counterview Desk  Top advocacy group, South Asia Network on Dams, Rivers and People (SANDRP), has accused the Sardar Sarovar dam operators for once again acting in an "unaccountable" manner, bringing "avoidable floods in downstream Gujarat."  In a detailed analysis, SANDRP has said that the water level at the Golden Bridge in Bharuch approached the highest flood level on September 17, 2023, but these "could have been significantly lower and much less disastrous" both for the upstream and downstream areas of the dam, if the authorities had taken action earlier based on available actionable information.

Biden urged to warn Modi: US can declare India as worst religious freedom offender

By Our Representative  During a Congressional Briefing held on Capitol Hill, Washington DC, Nadine Maenza, former Chair of the United States Commission on International Religious Freedom (USCIRF), has wondered why the Biden administration should raise issues of mass anti-minority mob violence  -- particularly in Haryana and Manipur -- with Modi. Modi should be told that if such violence continues, the US will be “compelled by law” to designate India as one of the world’s worst offenders of religious freedom, she urged.

From 'Naatu-Naatu' to 'Nipah-Nipah': Dancing to the tune of western pipers?

By Dr Amitav Banerjee, MD*  Some critics have commented that the ecstatic response of most Indians to the Oscar for the racy Indian song, “Naatu-Naatu” from the film, “RRR” reeks of sheer racism, insulting visuals and a colonial hangover. It was perhaps these ingredients that impressed the Academy of Motion Picture Arts and Sciences, one critic says.

A Hindu alternative to Valentine's Day? 'Shiv-Parvati was first love marriage in Universe'

By Rajiv Shah*   The other day, I was searching on Google a quote on Maha Shivratri which I wanted to send to someone, a confirmed Shiv Bhakt, quite close to me -- with an underlying message to act positively instead of being negative. On top of the search, I chanced upon an article in, imagine!, a Nashik Corporation site which offered me something very unusual. 

Buddhist shrines were 'massively destroyed' by Brahmanical rulers: Historian DN Jha

Nalanda mahavihara By Our Representative Prominent historian DN Jha, an expert in India's ancient and medieval past, in his new book , "Against the Grain: Notes on Identity, Intolerance and History", in a sharp critique of "Hindutva ideologues", who look at the ancient period of Indian history as "a golden age marked by social harmony, devoid of any religious violence", has said, "Demolition and desecration of rival religious establishments, and the appropriation of their idols, was not uncommon in India before the advent of Islam".

Asset managers hold '2.8 times more equity' in fossil fuel cos than in green investments

By Deepanwita Gita Niyogi*  The world’s largest asset managers are far off track to meet the  2050 net zero commitments , a new study  released by InfluenceMap , a London-based think tank working on climate change and sustainability, says. Released on August 1, the Asset Managers and Climate Change 2023 report by FinanceMap, a work stream of InfluenceMap, finds that the world’s largest asset managers have not improved on their climate performance in the past two years.

Savarkar 'criminally betrayed' Netaji and his INA by siding with the British rulers

By Shamsul Islam* RSS-BJP rulers of India have been trying to show off as great fans of Netaji. But Indians must know what role ideological parents of today's RSS/BJP played against Netaji and Indian National Army (INA). The Hindu Mahasabha and RSS which always had prominent lawyers on their rolls made no attempt to defend the INA accused at Red Fort trials.

Evading primary responsibility, ONGC decides to invest Rs 15,000 crore in sick subsidiary

By NS Venkataraman*  It is reported that Oil and Natural Gas Corporation (ONGC) will infuse about Rs 15,000 crore in ONGC Petro-additions Ltd (OPaL) as part of a financial restructuring exercise. ONGC currently holds 49.36 per cent stake in (OPaL), which operates a mega petrochemical plant at Dahej in Gujarat. GAIL (India) Ltd has 49.21 per cent interest and Gujarat State Petrochemical Corporation (GSPC) has the remaining 1.43 per cent.

Sales, profits of Indian firms 'deteriorate', yet no significant increase in cost pressures

By Our Representative  The Indian Institute of Management-Ahmedabad's (IIM-A's) latest Business Inflation Expectations Survey (BIES), a monthly exercise, has said that while cost perceptions data does not indicate significant increase of cost pressures, sales and profits of the Indian firms have deteriorated.

'State-sanctioned terror': Stop drone attack on Adivasis, urge over 80 world academics

Counterview Desk  A joint statement, “Indigenous Peoples’ Un-Freedoms and Our Academic Freedom: A Call for Solidarity”, endorsed by over 80 signatories, including international academics, activists and civil society organizations, as well as diasporic Indian academics and researchers, working with Adivasi (indigenous) communities in India, has made an urgent appeal to prevent future drone bomb attacks by the Indian state on Adivasi villages.