After Mukesh, Narayana Murthy supports Tata on Singur

BANGALORE: Software icon N R Narayana Murthy warned on Sunday the deadlock in Singur over Tata's Nano plant following agitations will "unleash fear and uncertainty" in the minds of all investors and is likely to be a stumbling block in the country's GDP growth.

"What has happened in Singur is unfortunate for West Bengal, for India and for all progressive Indians," the non-executive chairman and chief mentor of the NASDAQ-listed Infosys Technologies Ltd said.

"This event will unleash fear and uncertainty in the minds of all investors -- Indian and foreign -- and is likely to be a stumbling block in the excellent GDP growth India has demonstrated in the last decade," he said in a statement.

Murthy said it is also a setback for the job opportunities for youngsters in West Bengal.

"It is time that all well-intentioned Indians stand up and demand a peaceful, logical and constructive way of settling the issue of farmland in Singur and elsewhere in India," he said.
source: TOI