Yet another Enron-type Debacle in making!

Governments seldom learn from their past mistakes and the state government of Maharashtra is in no way an exception. A decade back it signed a completely nonsensical deal with Enron for power production and now its somewhat going down the same road with the Dow Chemical Company. It apparently has offered almost 40 hectares of land to Dow for setting up a research lab around Pune.

There is nothing wrong in having this research lab per se. But it seems very little has been done in terms of impact analysis of the project. There is neither an environmental impact report, at least in the public domain, nor a concern for completely upsetting the local dairy business because of loss of the grazing land.

This recent article in The Business Standard sheds more light on the issue.

2 Comments

Filed under current economic issues

2 responses to “Yet another Enron-type Debacle in making!

  1. sava

    I know this is moderated and my reaction may be considered offensive, but I have one word in response to the news in the post and to the details from the article.
    BASTARDS!!

    and good for the villagers for protesting and seriously trying to save their grazing lands and standing up for their own lives, rights and livelihoods. at the very least there should be clear reporting and some sort of agreement with the people who use those lands – you cannot just randomly allocate land to something. I hope this has a happy ending. somewhere inside me I doubt it, though. an unfortunate thing about most instances like this is that the government just rolls over obstacles and gets that they greedily want anyway.
    sigh.

  2. sava

    I know this is moderated and my reaction may be considered offensive, but I have one word in response to the news in the post and to the details from the article.
    BASTARDS!!

    and good for the villagers for protesting and seriously trying to save their grazing lands and standing up for their own lives, rights and livelihoods. at the very least there should be clear reporting and some sort of agreement with the people who use those lands – you cannot just randomly allocate land to something. I hope this has a happy ending. somewhere inside me I doubt it, though. an unfortunate thing about most instances like this is that the government just rolls over obstacles and gets that they greedily want anyway.
    sigh.

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