"The Jindal Group has communicated to Finance Minister Amit Mitra that it desires to hand over the land acquired from the farmers. It said it would not take back the money given to the farmers while acquiring the land," Banerjee told reporters.

The Chief Minister said since the plant was not coming up, the farmers who gave their land sought its return. "The major part of the land of the proposed project which was taken by the company from the government is still with them. We will see what they do with it in future," she said.

The total land in the possession of Jindal group for the project was 4,300 acres out of which 294 acres were purchased from the farmers.
    
Mamata said a committee headed by the district magistrate would be formed to work out the procedure for returning the land to the farmers. Describing Jindal's decision to return the land to the farmers as a "bold" move, she said, "We have been talking of the same thing in respect of Singur".

JSW chairman and managing director Sajjan Jindal on December 1 had said the company has put the Rs 35,000 crore project at Salboni in West Midnapore district on "hold" over uncertainty of raw material linkages.
    
Jindal said JSW Bengal had invested Rs 700 crore in the project and was keen about the project but given the unclear situation about coal and iron-ore, it was not practical to go ahead with the project.

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