Political uncertainty does not lift the sentiments of the industrialist and it was visible in the event on global investors meet
Shivani Chaturvedi | February 16, 2015 | Chennai
Will J Jayalalithaa’s absence from administration affect the progress of Tamil Nadu?
There is real danger of halting industrial development in TN and the first test is just over three months away. But an indication of future became apparent on Saturday.
The state is hosting its first-ever Global Investors Meet (GIM) on May 23 and 24. A curtain raiser event for the GIM was held on Saturday. The event, however, turned out to be a low key affair with not many industrialists participating in it.
A few of the city-based industrialists with whom Governance Now spoke to expressed serious concern and uncertainty that looms over the GIM.
With former chief minister J Jayalalithaa not in picture and a resultant political uncertainty in Tamil Nadu is making the industries to feel uncomfortable, said a city-based businessman P Krishnan. He said the neighbouring Andhra Pradesh seems to be more proactive and it is getting a lot of investments.
“What I understand is Andhra Pradesh is setting up industry zone, which is around fifty to sixty kms north of Chennai (the area is near AP-Tamil Nadu border). The AP government is inviting people to set up industry there,” he said.
Another industrialist on the condition of anonymity, said, “with J Jayalalithaa not around, there is some uncertainty. I wonder how the state would make this mega event a success.”
Meanwhile, minister for electricity, prohibition and excise N R Viswanathan has urged entrepreneurs to participate at the Global Investors Meet. He held out incentives for the local entrepreneurs. The minister said that the incentive package available to foreign investors will be available for local entrepreneurs too, depending on the investment in a project.
The GIM aims to attract an additional investment of Rs 1,00,000 crore. It will have 12 focus sectors - auto and auto components, textiles, food and agro business, aerospace, biotech and pharma, chemical and petroleum, electronics and hardware, heavy engineering, infrastructure, IT and ITeS, renewable energy and skill development.
Out of 1580 MPs and MLAs with criminal cases, 48 (three MPs and 45 MLAs) have declared cases related to crime against women. The Association for Democratic Reforms (ADR) and
It’s always lonely at the top. Prime minister Narendra Modi’s marathon townhall event at the Central Hall Westminster, titled ‘Bharat ki Baat, Sab ke Saath’, was nothing but his way of shedding that loneliness, communicating and mingling with people and showing his vulnerable side.
The work on Sunder Nursery, a lush green refuge from urban chaos in central Delhi, started in 2007, when the Aga Khan Trust for Culture (AKTC) undertook a conservation and renewal proje
Twenty-six-year-old Surender is a ferryman in Varanasi. Surender and his family own three boats and their livelihood is dependent on taking tourists on a joyride on the Ganga. Recalling the time when he used to ride a boat with his grandfather, Surender says, “At that time Ganga water was so
The storm is yet to die out over the Mumbai Metro Rail Corporation Limited`s (MMRC) taking over 30 hectares of the famed Aarey colony, a green belt of mumbai, when another application has come in from MMRC demanding another 12,000 sq metres of land. The colony in Goregaon, inaugurated in 195
For years we had a tradition in Mumbai, particularly for all the trunk roads, to be avenues (boulevards). Though we continue to have trees in some parts of Mumbai, the fact is that we appear to have given up on this. Having trees and plants on streets and roads not only provides shade but also absorbs poll