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Economic and Ethical Challenges on Farmers: The Great Land Grabs in India.
Land is the basis of livelihoods for peasants and indigenous people in the India and also an important asset in the global economy. Colonization was based on the violent takeover of land. And now, globalization as recolonization is leading to a massive land grab in India, in Africa, in Latin America which implies many risks and few benefits. Land is being grabbed for speculative investment, for speculative urban sprawl, for mines and factories, for highways and expressways. Land is being grabbed from farmers after trapping them in debt and pushing them to suicide. Drawing on own ethical and economic research and using evidence from the case studies in India and a database of large-scale land acquisitions worldwide, this paper offers policy recommendations for host governments, investors and the international community so as to achieve a more favourable balance of risks and benefits in land investment projects.