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Centre Eyes Thousands Of Acres In Closed Bengal PSUs For New Industrial Push
It is learnt that the Modi government which is formulating a new industrial policy is exploring the use of land belonging to PSUs and factories closed for ages for creating space for new industries. The industries department is already inspecting the defunct Hindustan Cables and Hindustan Fertiliser units in the Asansol-Durgapur industrial belt. The government is also consulting the Bengal Chamber of Commerce and Industry (BCCI) and other industry bodies to identify closed industrial units whose land could be reused. According to secretariat sources, the industries department has prepared a preliminary list based on a BCCI report. The list shows at least five closed PSUs in Asansol-Durgapur together hold around 2,095 acres, including water bodies. Hindustan Cables and Hindustan Fertiliser account for nearly 1,488 acres, though parts of some properties are reportedly encroached upon. Other units identified include Cycle Corporation of India, Sen-Raleigh Cycle Company, Mining and Allied Machinery Corporation (MAMC), Bharat Ophthalmic Glass Ltd, Hindustan Pilkington Glass Factory and Kesoram Industries’ Refractories Division. MAMC has 193.67 acres, including 153.4 acres unused, while Cycle Corporation has around 239.1 acres, of which 178.42 acres is unused and 16.81 acres comprises water bodies. Six closed National Jute Mill Corporation together have nearly 400 acres along the Ganga. Moreover, sources said no legal complications have been found so far, while the Centre plans phased auctions. Industry bodies have also identified about 975 acres at Burn Standard’s Howrah and Raniganj units and 70 acres at Jessop in Dum Dum. The Centre and NCLT are moving to sell these properties to promoters. Other properties include 69 acres of NISCO land at Belur and 250 acres of Dunlop land at Sahaganj.

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Editor’s Note: Short Post Is Here To Stay…

Time, they say, flies—and how true that is. Here we are celebrating our 5th Anniversary. Five years ago, when Covid-19 was wreaking havoc across the globe, I took a leap of faith and launched Short Post, India’s first website for Authentic Gossip. That was on January 31, 2021. I was convinced there was a clear gap in the market for gossip that was credible, sharp, and impactful—especially if told in just 250 words.

In this, I was fortunate. Scores of senior editors across diverse verticals bought into the idea and, in the process, gave wings to my dream. Quite honestly, Short Post could not have crossed these milestones without the unflinching support of its contributing editors. Like all start-ups, we have seen our share of ups and downs, but these editors have stood by us like a rock. I take this opportunity to doff my hat to them.

Thanks to their commitment, we have published close to 5,000 stories spanning politics, business, entertainment, and sports. I say this with pride: we made our mark as people who matter read us. “Small packs, big impact” truly captures the essence of Short Post.

We all know that Covid-19 has reset businesses worldwide, and the media sector is no exception. In the post-Covid era, investors have become more cautious and selective—and advertisers too. To compound matters, the entry of AI has disrupted the media landscape in equal measure. So far, we have managed to hold our ground, hopeful that some angel investors will take a shine to us.

What gives me confidence is this: AI cannot smell news—especially the gossipy kind. In other words, AI cannot churn out Short Post-type stories, no matter the prompt. That puts us in a safe zone. As someone rightly said, “AI is a co-pilot, not a pilot.”