The current price of land in the heart of the industrial town of Haldia is Rs 20 crore an acre. But for someone as powerful as Lakshman Seth - the chairman of the Haldia Development Authority (HDA) and CPM member of the Lok Sabha from Tamluk - the same land can be as cheap as Re 1 per acre.
The HDA donated nearly 37 acres to Indian Centre for Advancement of Research and Education (ICARE), an NGO run by Seth, for just Rs 37.
This is the second case in which a CPM leader has used his political clout to promote an NGO run by him. Central committee member Nilotpal Basu had taken bank loans for his NGO, GRASSO, but had failed to pay up.