IF you have already come across the term of 'SEZ', update your knowledge : SEZ does not stand for 'special economic zones'; it should be 'special elite zones' for richer class of MNC and indian industry and politics. It is a seperate state with full economical, social, judicial powers and what not. The economical implication of this would be unimaginable. The list of concessions for this rich class is innumerable : complete exemption from all types of taxes, duties and all other government levies for ten years and assurance of rich civil infrastructure not only for the companies but also its influential proprietors and high end working classes. No government body will visit these places for any investigation. What more ?! They can raise foreign money; they can employ outside industries also to spread out the concessions ! The govt. is prepared to lose nearly two lakh crore rupess for the sake of rich industrialists and leaders of the curent largest democratic country.
The absurdity is that in a full circle, the currret leaders of democracy seek to undo the policy which was implemented by their ancestors. With the opposition also making a far lesser noise of 'cry wolf', it is no doubt that these SEZ will have full fledged patronage even after the current leaders of democracy are thrown away during next election. The leaders of the democracy at the state level also does not fail to rise to the 'occasion'. Whether it is north or south and east or west, they are fully prepared to meet the flood of their economic upheavel - yes, they will prostrate before anybody to sell the prime agricultural lands to the industry. Already our statisticians have sounded steady fall in the availability of land for cultivation of the food crops, even before the SEZ as a concept emerged. It is anybody's guess what will happen to the food production of this country in another five years - The green revolution and the white revolution, all scrupulously developed and implemented after the hit of extreme famine in the initial years after the independent India, will be devised after another 20 years from now once again, on the occurring of the full return of history. But before that, India will pay huge foreign currency not towards import of oil but towards FOOD imports. There will be new type of finance minister in the late 2020's to restructure the ailing economy of India.
On one hand the poor people in the lower stata will pay 2% p.m. as loan interest towards small amounts of credit and on the other, the elite class of SEZ will pay only 10% of 2% as interest for their capacity of foreign currency earning. With the people forgetting past loss against the future loss, every one will blame the farmers for having indiscreetly sold out the prime land to the SEZ developers and start praising and crediting the SEZ industries for having built up huge foreign exchange to meet the heavy burden towards import of FOOD ! The fertilizer companies having enjoyed the subsidy for decades will be forced to close the factories, due to cultivation inactivity in the country.
On one side the leaders of the democracy will devise schemes to improve the farmer's lot and improve the agricultural fortune of the country in the current five year plan and the budgets for 2006-08 assigning huge chunks of budget outlays in tens of thousands of crores under existing schemes, and on the other side, they will be selling the firm resources required to implement the above schemes; two polarised financial outlays in the same budgets ! On one side the leaders of the democracy will allocate large financial resources to create employment in agriculture assuring minimum wages for a year and on the other side it will sell agricultural lands to SEZ. No country can beat India in devising such polarised plannings.
Whatever be the promise of the SEZ developers, nothing is going to be implemented. How can the industries be satisfied to remain in the bottomline and run second place against the first place won by leaders of the current democracy in the case of failure to fulfill the promises ? They too will want to promise lakhs of jobs for the displaced farmers or prime land owners, but never will they fulfill it. History is replete with such examples as proof. To float credible policy and promises, international consultancy firms will be deployed by the politicians so that at a later date, when no promises can be kept, or are not required to be kept, the blame game can be played between the politicians and consultancy firms. If the previous incumbents sold the public sector resources for a song, the successors will not want to lose this SEZ opportunity to earn and conserve their wealth for the next generation and wait for the next upheavel after the current one fades out in a decade.
Our rich neighbours whom we construe as our rival in the new economic order, will miserably fail to match us on the SEZ count; we will give them no scope to improve because already we are multiple times larger in having created SEZ's. While rival located their SEZs in the coastal area where cultivation proceeds are not optimal, we were much concerned about our MNC and local giants being swallowed by Tsunami waves and that is why we have located them deep inside the country with large fertile land around, so that sufficient shelter is ensured against Tsunami onslaughts. At lease we have this satisfaction.
For more heartburn, read more details at :The absurdity is that in a full circle, the currret leaders of democracy seek to undo the policy which was implemented by their ancestors. With the opposition also making a far lesser noise of 'cry wolf', it is no doubt that these SEZ will have full fledged patronage even after the current leaders of democracy are thrown away during next election. The leaders of the democracy at the state level also does not fail to rise to the 'occasion'. Whether it is north or south and east or west, they are fully prepared to meet the flood of their economic upheavel - yes, they will prostrate before anybody to sell the prime agricultural lands to the industry. Already our statisticians have sounded steady fall in the availability of land for cultivation of the food crops, even before the SEZ as a concept emerged. It is anybody's guess what will happen to the food production of this country in another five years - The green revolution and the white revolution, all scrupulously developed and implemented after the hit of extreme famine in the initial years after the independent India, will be devised after another 20 years from now once again, on the occurring of the full return of history. But before that, India will pay huge foreign currency not towards import of oil but towards FOOD imports. There will be new type of finance minister in the late 2020's to restructure the ailing economy of India.
On one hand the poor people in the lower stata will pay 2% p.m. as loan interest towards small amounts of credit and on the other, the elite class of SEZ will pay only 10% of 2% as interest for their capacity of foreign currency earning. With the people forgetting past loss against the future loss, every one will blame the farmers for having indiscreetly sold out the prime land to the SEZ developers and start praising and crediting the SEZ industries for having built up huge foreign exchange to meet the heavy burden towards import of FOOD ! The fertilizer companies having enjoyed the subsidy for decades will be forced to close the factories, due to cultivation inactivity in the country.
On one side the leaders of the democracy will devise schemes to improve the farmer's lot and improve the agricultural fortune of the country in the current five year plan and the budgets for 2006-08 assigning huge chunks of budget outlays in tens of thousands of crores under existing schemes, and on the other side, they will be selling the firm resources required to implement the above schemes; two polarised financial outlays in the same budgets ! On one side the leaders of the democracy will allocate large financial resources to create employment in agriculture assuring minimum wages for a year and on the other side it will sell agricultural lands to SEZ. No country can beat India in devising such polarised plannings.
Whatever be the promise of the SEZ developers, nothing is going to be implemented. How can the industries be satisfied to remain in the bottomline and run second place against the first place won by leaders of the current democracy in the case of failure to fulfill the promises ? They too will want to promise lakhs of jobs for the displaced farmers or prime land owners, but never will they fulfill it. History is replete with such examples as proof. To float credible policy and promises, international consultancy firms will be deployed by the politicians so that at a later date, when no promises can be kept, or are not required to be kept, the blame game can be played between the politicians and consultancy firms. If the previous incumbents sold the public sector resources for a song, the successors will not want to lose this SEZ opportunity to earn and conserve their wealth for the next generation and wait for the next upheavel after the current one fades out in a decade.
Our rich neighbours whom we construe as our rival in the new economic order, will miserably fail to match us on the SEZ count; we will give them no scope to improve because already we are multiple times larger in having created SEZ's. While rival located their SEZs in the coastal area where cultivation proceeds are not optimal, we were much concerned about our MNC and local giants being swallowed by Tsunami waves and that is why we have located them deep inside the country with large fertile land around, so that sufficient shelter is ensured against Tsunami onslaughts. At lease we have this satisfaction.
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