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CPM demands Jayalalithaa government table MoUs

DECCAN CHRONICLE
Published Sep 8, 2015, 11:39 am IST
Updated Mar 27, 2019, 9:56 pm IST
Mr Ramakrishnan said that the state government is holding GIM hoping to sign MoUs with over 100 companies
Tamil Nadu government logo
 Tamil Nadu government logo
ChennaiAhead of the state government’s Global Investors Meet, CPI (M) state secretary G. Ramakrishnan on Monday  demanded that the government table the MoUs to be signed in the meeting to be held on September 9 and 10 in the state Assembly for a debate. 
 
He also demanded the state government not to sign an MoU with multi national companies which are using technology available in the country and priority should be given to those companies offering more permanent job opportunities.
 
In a statement here, Mr Ramakrishnan said that the state government is holding GIM hoping to sign MoUs with over 100 companies. Pointing out that AIADMK’s much publicised achievement in the past was setting up of the recently closed 
 
down Nokia manufacturing unit, he said that the government offered the land at a cheap price completely waiving registration cost and also refunded the value added tax to level of its investment.
 
“The company has closed down its unit after depriving the state and Central governments of Rs 25,000 crore tax arrears,” he said.  Nokia episode is yet another example of an MNC closing down its operation after enjoying the concession offered by the government, he noted.
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