India: Farmers end protest over Tata Nano plant
Date: 8 Sep 2008
Farmers who have been engaged in sometimes violent protest against the construction of the Tata Motors car plant in West Bengal have said that they are suspending their activities after the government promised to return some of the land that had been taken.
The move comes after Tata had threatened to pull altogether from the site in the face of the violence and damage done to the plant. The site is slated to be the home of the new Tata Nano, celebrated on launch as the world's cheapest car.
The crisis was initially created when the government took over 1,000 acres of farmland for the factory. Offers of compensation to some of the farmers were rejected in the face of demands that at least 400 acres should be returned.
Protests have initially been suspended for seven days, whilst details of the return of land are resolved.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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