Book contents
- Frontmatter
- Contents
- Acronyms and Abbreviations
- List of Tables, Boxes, Figures and Annexures
- Preface
- Foreword
- CHAPTER 1 Why Economic Zones?
- CHAPTER 2 The New SEZs: Where, What and Why?
- CHAPTER 3 Are SEZs Financially Viable?
- CHAPTER 4 The Political Yatra
- CHAPTER 5 The Rules of the SEZ
- CHAPTER 6 The Land of SEZs
- CHAPTER 7 Not the Last Word
- APPENDIX 1 Government of West Bengal Office of the District Magistrate & Collector Hooghly
- APPENDIX 2 Government of India Ministry of Commerce and Industry Lok Sabha
- APPENDIX 3 Raheja Haryana SEZ Developers Pvt. Ltd. RAHEJA SEZ IN GURGAON
- APPENDIX 4 Land Acquisition Amendment Bill, 2007
- APPENDIX 5 (NMSEZ Presentation) Mumbai Special Economic Zone (MSEZ) Relief and Rehabilitation Package
- Bibliography
- Index
CHAPTER 6 - The Land of SEZs
Published online by Cambridge University Press: 05 March 2012
- Frontmatter
- Contents
- Acronyms and Abbreviations
- List of Tables, Boxes, Figures and Annexures
- Preface
- Foreword
- CHAPTER 1 Why Economic Zones?
- CHAPTER 2 The New SEZs: Where, What and Why?
- CHAPTER 3 Are SEZs Financially Viable?
- CHAPTER 4 The Political Yatra
- CHAPTER 5 The Rules of the SEZ
- CHAPTER 6 The Land of SEZs
- CHAPTER 7 Not the Last Word
- APPENDIX 1 Government of West Bengal Office of the District Magistrate & Collector Hooghly
- APPENDIX 2 Government of India Ministry of Commerce and Industry Lok Sabha
- APPENDIX 3 Raheja Haryana SEZ Developers Pvt. Ltd. RAHEJA SEZ IN GURGAON
- APPENDIX 4 Land Acquisition Amendment Bill, 2007
- APPENDIX 5 (NMSEZ Presentation) Mumbai Special Economic Zone (MSEZ) Relief and Rehabilitation Package
- Bibliography
- Index
Summary
Box 6.1: Gold rush
Malikpur village in Najafgarh district of Delhi state has a population of about 400 people. It has good loamy soil that yields two crops. It has easy motorable roads to West Delhi markets that take not more than one hour to reach. It produces potato, wheat and jowar.
Yet on 13 May 2007, the villagers were all keen to sell out their holdings. Each village home has at least one acre of cultivable land. Satbir Singh Jat of the village told one of the authors, the ‘big builders have offered us over Rs three crore for each acre’. The amount is not a fairy tale projection. Families that have moved out of the village confirmed that builders have paid them the sum.
That is a sum Satbir Singh is sure he would not be able to make in his lifetime. It therefore makes sense to sell the land and buy a plot at a cheaper rate in Rajasthan or deep inside Haryana. Nudging them along in the decision-making process is the sharply falling water table in the farms. Though next door to the capital, it has to make do with rainwater for at least one of the crops every year. Satbir's brethren have already begun making enquiries in Haryana and Rajasthan for contiguous parcels of land.
Satbir's big worry is how to invest the sum. He knows it is a big sum and is also afraid that it could become a bone of contention in his family. […]
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- Special Economic Zones in IndiaMyths and Realities, pp. 147 - 168Publisher: Anthem PressPrint publication year: 2008