Showing posts with label Tata's 1 lakh car. Show all posts
Showing posts with label Tata's 1 lakh car. Show all posts

Sunday, August 31, 2008

TATA's face Singur farmers: But what's the exact problem in Singur?


TATA MOTORS
is facing tough opposition from the Singur farmers (Singur is a village in West Bengal) where it wants to set up the manufacturing plant for the production of the world's cheapest car - TATA's 1 lakh car- TATA NANO. Singur farmers are not ready to give there land even after compensation of about Rs:8 lakh per acre of land and even more for farms which produce 3 crops/year, or which have plots nearer the main road and fields that have tubewells sunk in them. The issue has now taken a form of agitation and TATA is facing wrath of it. According to the The Times Of India TM people from Trinamol Congress have threatened TATA officials and people who work in a small plant set up there to physically prevent from entering plant, and according to the fresh news 5 hours back TATA has decided to move out its 800 employees out of singur plant.

The farmers complain about 2 things - first is about the low compensation and the second is about the lack of faith in getting the promised money from government - and from my point of view these are truely issues worth talking about! This is what one of the farmer Prasenjit Das in Khaserbheri village says "What use is cash to me? Putting money in the bank and earning interest is not enough, especially looking at the rising inflation. With land, my asset remains intact and what I earn from selling my produce is a bonus." Das has another argument to press his case: "Even if the government promises to give me a job, it fails to secure my children's future." - perfect! I agree with him! Why not...nice to see that villagers and farmers- heart of India are understanding the economic factors and inflation concepts.

The question is about the land spanning 997 acres of land, and farmers aren't sure whether government will give them the promised money or not. According to Hindu Business Line article on Nov 16th 2007 -> "The acquisition of the entire 895 acres of private land is virtually complete. Each of the landowners has given his consent to acquisition at prices which are much higher than the prevailing rates. We have already disbursed payments for 550 acres and the rest will be completed within this month," the State Commerce and Industry Minister, Mr Nirupam Sen, told media persons.. So, today is 31st Aug, 2008 - it's been 9 months after this statement from Mr.Nirupam Sen and still the payments aren't in the hands of farmers..? If yes then they shouldn't be agitating and if no then the governemnt has to answer why farmers haven't been paid uptill now?

If TATA decides to withdraw now, they will suffer losses of about Rs:150 crore - and they need to withdraw as per the prevailing conditions in the Singur. While the West Bengal government gets ready to acquire close to 50,000 acres all over the state for a slew of SEZs, ports, roads and so on, it should be a good idea to look at this other side of the story.

This wraps up the complete story till now behind the fight for land, the business people on one side, farmers on others and government in between - who's to blame?? This is not only in Singur, this problem is in many parts of the country since the developments of SEZ's have starting gaining pace.. what's the solution...? Expres yourself in comments...
With Help From Sources: RediffNews, HinduBusinessLine, EconomicTimes.

Friday, December 21, 2007

Can world’s cheapest car – Tata’s 1lakh car- co-exist with prestigious brands like Jaguar and Land Rover?

A particular motor vehicle company is seen to concentrate mainly on one range of products, be it Toyota, Nissan or BMW, they are known for a particular category of cars. As the world now knows TATA MOTORS is out to create the world’s cheapest car! It will cost INR 1 lakh. That is equal to around US$2700 only!

But, Tata Sons Chairman Ratan Tata has said it is possible for the world's cheapest car to co-exist with prestigious brands like Jaguar and Land Rover despite an image disparity. He says if the brands like Nissan and BMW have the mini versions of cars why can’t TATA MOTORS, and he is pretty confident about this. Toyota has “Lexus” and Nissan has “Infini” and BMW has its “mini”. So, the market competitors are now trying to prove their skills in other range of their products and why not?? It’s getting them more business; they are giving low price cars to the people, which is good for a common man to fulfill his dream of having a car; and the makers are world renowned market leaders so the quality can be assured.


The world is waiting to catch a glimpse of the much touted Tata’s 1 lakh car, which would be unveiled at the Auto Expo in New Delhi on January 10. The car market is said to experience the decade’s greatest metamorphosis after the actual on-road launch of this highly spoken Tata’s 1 lakh car.