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Monitoring West Bengal -
#66
<!--QuoteBegin-Mudy+Mar 18 2007, 01:32 AM-->QUOTE(Mudy @ Mar 18 2007, 01:32 AM)<!--QuoteEBegin-->This is sick, where is Teesta and her gang.
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Mudy ji,

I don't know if this is the right thread. But there is an important issue of SEZ. If you think a separate thread is warranted, kindly move this there and let me know.

Namaskaram.

Here is a note.

Can someone check these figures cited by Ranjit Goswami, please? They are mind-boggling.

The point has been made. Converting the rashtra into a fraud called "Special economic zone" won't result in abhyudayam. It will only result in colonisation by invitation.

Who are the CPI-M and what remains of the Left Front trying to fool? Returning Rabindra and other puraskars may be meek protests. Throwing the rascals out of politics will take a peoples' revulsion which is emerging, firmly and decisively. Psec media might sing praises of 90-year olds' cleverness in holding the Left Front together. When the hearts and lives of people are trampled over, what remains will only be a scrap of allegorical play being played out by Buddha that he will industrialize west bengal, 'at any cost'. Is he the proprietor of West Bengal tilting at the narodniks together with the Sancho Panza Karat? Ideologues? Disgusting politico-s wallowing in their own ego's, far removed from the reality of the rashtram (Aham raashtree said the Devi, Vaagaambhrini).

k

http://peacejournalism.com/ReadArticle.a...leID=17733
By: Ranjit Goswami Posted on: 3/17/2007

Why Nandigram, SEZs in India


And one source[1], I didn't search enough, reported 'From 1979 to the end of 1996, a total of $175 trillion had actually been invested in China by foreign entities'. So at that rate, we need 7000 million acres of land to accommodate that capital investment. Valuation of that dollar was 1999 basis as it was a 1999 research conference paper, one may take equivalent dollar value today, and thereby may further inflate above 7000 million acres (7 billion) by 1.5 times.
Let me state honestly that above figure did blow my mind off too – it's almost four times of present nominal global GDP. So one gets more surprised when one reads the next line 'This figure is less than half of the total pledged amount of US $ 469 trillion'.
So to accommodate above figure (US $ 469 trillion, to attract capital investment, isn't it?) at $25,000/acre, one needs around 15 billion acres, if not more due to other stated reasons. Available land in India, as per CIA Factbook[2] is 2,973,190 sq km, which comes to less than 1 billion acre.
It's simple arithmetic if we get the units right - 1 sq. km = 100 hectares, and one hactare, equivalent to some 2-3 acres (1 sq. km = 247 acres, to be precise). I took the higher one (300 acres = 1 sq. km) for my ballpark calculations.

1] 'Foreign Direct Investments To and from China' by Philippine APEC Study Center Network (PASCN), pp3 http://pascn.pids.gov.ph/DiscList/d99/s99-21.pdf . As the figure was astounding, I checked the reference for author, Rosalina Tan in Google scholar, and found evidence to find author credible enough. However one can never be certain about that without long term research, and I am not from this field.
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