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Narayana Murthy opposes SEZ policy

Narayana Murthy opposes SEZ policy
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First Published: Thu, Mar 22 2007. 12 35 AM IST
Updated: Thu, Mar 22 2007. 12 35 AM IST
PTI
Bangalore: Software icon N R Narayana Murthy opposed the practice of acquiring farm lands for Special Economic Zones (SEZ) on 21 March, saying that the earlier practice of companies building their own campuses is good enough.
“I agree that we cannot take land from farmers”, the non-executive chairman and chief mentor of Infosys Technologies said.
“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 is probably not the best thing to do.
Murthy, the face of India’s booming IT industry, added, “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.
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First Published: Thu, Mar 22 2007. 12 35 AM IST