13 years after Singur fiasco, West Bengal minister says Tatas ’most welcome’

  • Underscoring job creation as the TMC government's top priority, Partha Chatterjee also said incentives to companies will depend on ability to generate employment
  • He said the Mamata Banerjee dispensation wants two large manufacturing units to be set up by any prominent industrial house at the earliest

Pradipta Tapadar( with inputs from PTI)
Published19 Jul 2021, 02:40 PM IST
Trinamool Congress (TMC) leader Partha Chatterjee
Trinamool Congress (TMC) leader Partha Chatterjee (Samir Jana/HT Photo)

Kolkata: Thirteen years after their small car project was forced out of West Bengal following the anti- land acquisition movement in Singur, Industry and IT Minister Partha Chatterjee has said talks are on with the Tatas for big-ticket investments in the state.

Underscoring job creation as the TMC government's top priority, Chatterjee also said incentives to companies will depend on ability to generate employment.

He said the Mamata Banerjee dispensation wants two large manufacturing units to be set up by any prominent industrial house at the earliest.

"We never had any enmity with the Tatas, neither we fought against them. They are one of the most respected and biggest business houses of this country and also abroad. You can't blame the Tatas (for the Singur fiasco).

"The problem was with the Left Front government and its forcible land acquisition policy. Tata group is always most welcome to come and invest in Bengal," Chatterjee, also the ruling TMC's secretary general, told PTI in an interview.

Chatterjee said the salt to steel business conglomerate has shown interest in setting up another Tata Centre in Kolkata to house its offices.

"We already have the presence of Tata Metaliks, one Tata Centre besides the TCS here. But if they are willing to come up with big-ticket investments in manufacturing or other sectors, there is no problem. Our IT secretary recently told me they had shown interest in setting up a Tata Centre here," he said.

When asked whether the state government will go the extra mile to reach out to the Tatas, Chatterjee said he is already in touch with group officials to attract investment.

Singur, once known for multiple crop farming, hogged media limelight after Tata Motors set its sight on the land to build its cheapest car Nano in 2006. The Left Front government acquired 997.11 acres along the National Highway 2 and handed it over to the company.

Mamata Banerjee, then in the opposition, called a 26- day hunger strike demanding the return of 347 acres of farmland that was "forcibly" acquired.

Despite several rounds of meetings between the TMC and the Left Front government, the issue could not be resolved and the Tatas eventually moved out of Singur to Sanand in Gujarat in 2008. The land acquired for the project was subsequently returned to farmers in 2016.

When asked whether the government will invite the Tatas to set up a manufacturing unit at Singur once again, the minister said, "Why would Tatas want to return to Singur? The land has already been given back to farmers. We are planning to come up with agro-based industries there as the area's economy is based on agriculture."

Speaking about the government's priority areas for rapid industrialisation and employment generation, Chatterjee said setting up two major manufacturing units, specifically in the iron and steel sector, topped the list.

"Industrialisation and job creation have been the focus areas in our party manifesto. No doubt it's a challenge as the situation across the globe is not conducive due to the COVID situation.

"Our priority right now would be to bring two big manufacturing companies which are job creators. I am speaking to various stakeholders, industry captains and officials about it. We are on the job," he said.

Chatterjee said although information technology does not fall in the category of manufacturing sector, the government is looking for more investments there too.

The minister assured the issue of delay in land acquisition and related approvals, and incentives sought by industry for setting up their units will be addressed promptly.

"We will simplify the process of clearances required for land needed for setting up industries. I will discuss the matter with our chief minister. There will be promptness so that industries don't have any complaints about delay," he said.

"Second is the incentive part. We earlier had an incentive scheme, but we did away with it as the incentives companies were seeking and offers they had for us in terms of job creation and revenue generation, did not balance out. Now incentives will be decided depending on their proposals and the scale of jobs that will be created," he said.

Chatterjee, however, emphatically noted that there won't be any change in the government's land policy of "no forcible acquisition".

The industry, he said, will have to acquire land on its own or from the government's notified land bank and industrial parks.

"It is our stated stand that there will be no forcible land acquisition," he said, adding West Bengal has good connectivity, infrastructure, and law and order conducive for industries. The labour is skilled and inexpensive, he said.

Chatterjee rejected suggestions that the anti-land acquisition agitations in Singur and Nandigram had given the TMC an anti-industry image. "Had it been the case, the party won't have won three consecutive terms in office with a resounding mandate," he asserted.

The minister replied in the negative to a question about whether the constant bickering between the state and the Centre will pose a hurdle in bringing in new investments, but advised the BJP-led government to follow the spirit of federalism.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:19 Jul 2021, 02:40 PM IST
Business NewsNewsIndia13 years after Singur fiasco, West Bengal minister says Tatas ’most welcome’

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Zee Entertainment Enterprises share price

    129.15
    03:14 PM | 29 NOV 2024
    6 (4.87%)

    Adani Power share price

    553.50
    03:14 PM | 29 NOV 2024
    -6.7 (-1.2%)

    Tata Steel share price

    144.50
    03:14 PM | 29 NOV 2024
    1.05 (0.73%)

    Tata Motors share price

    785.85
    03:14 PM | 29 NOV 2024
    6 (0.77%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Lloyds Metals & Energy share price

    1,031.50
    03:03 PM | 29 NOV 2024
    63.05 (6.51%)

    Praj Industries share price

    827.15
    03:04 PM | 29 NOV 2024
    31.25 (3.93%)

    Laurus Labs share price

    565.50
    03:04 PM | 29 NOV 2024
    14.05 (2.55%)

    Computer Age Management Services share price

    4,921.90
    03:04 PM | 29 NOV 2024
    25.45 (0.52%)
    More from 52 Week High

    Creditaccess Grameen share price

    899.75
    03:04 PM | 29 NOV 2024
    -87.2 (-8.84%)

    Poonawalla Fincorp share price

    353.45
    03:04 PM | 29 NOV 2024
    -20.15 (-5.39%)

    Home First Finance Company India share price

    1,052.60
    03:04 PM | 29 NOV 2024
    -41.55 (-3.8%)

    Colgate Palmolive India share price

    2,893.25
    03:04 PM | 29 NOV 2024
    -107.65 (-3.59%)
    More from Top Losers

    Piramal Pharma share price

    263.90
    03:03 PM | 29 NOV 2024
    18.3 (7.45%)

    Lloyds Metals & Energy share price

    1,031.50
    03:03 PM | 29 NOV 2024
    63.05 (6.51%)

    Honasa Consumer share price

    264.90
    03:02 PM | 29 NOV 2024
    13.35 (5.31%)

    Life Insurance Corporation of India share price

    986.50
    03:04 PM | 29 NOV 2024
    46.95 (5%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,355.00-180.00
      Chennai
      77,361.00-180.00
      Delhi
      77,513.00-180.00
      Kolkata
      77,365.00-180.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L-0.10
      Chennai
      100.80/L-0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts