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Originally Posted by kurmist  To my mind, the price of the land is indeed a small price to pay, for what the community gets in return. Hundreds of millions of dollars of investments which affect the local community either directly or indirectly. Regardless of their motives, the net result is still beneficial for the community as a whole. |
I agree about the trickle down positive effects on the economy. The only problem is that the state should not act in a partisan manner in a transaction between private parties. Companies should pay market price for the land they get and transact with land owners directly. Also the wealth created by the economic activity does not necessarily get shared with people who make the sacrifice. Mechanisms have to be developed to ensure that. Alas that does not happen in the Indian context.