Friday, March 23, 2007

Narayana Murthy opposes SEZ policy

AGENCIES[ WEDNESDAY, MARCH 21, 2007 03:40:19 PM]

BANGALORE: Software icon N R Narayana Murthy on Wednesday opposed the
practice of acquiring farm lands for special economic zones (SEZs),
saying that the earlier practice of companies building their own
campuses was good enough.

"I agree that we cannot take land from farmers", the non-executive
chairman and chief mentor of Infosys Technologies Limited told
reporters, who sought his views on the raging debate over SEZs.

"The earlier policy, where individual companies were building their own
campuses, was a good one," he said, adding that bringing real estate
players in between was probably not the best thing to do.

Murthy, the face of India's booming IT industry, added: "and that's why
all this furore has been created. I think the earlier policy of
requesting companies to deal directly to get land and build their own
campuses is a good one".

He said that the recent Nandigram incident in West Bengal, where 11
people were killed in police firing during a protest, is likely to have
"some repercussions".

"Because, at the end of the day, let's remember that news travels
through internet pretty quickly and given that it is so, people all over
the world will read it and perhaps in some ways some of them will
misinterpret it too. So in that sense there is always a danger of having
some repercussions", he added.

http://economictimes.indiatimes.com/News/Economy/Policy/Narayana_Murthy_opposes_SEZ_policy/articleshow/1788673.cms

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