Chennai: Finance Minister O. Panneerselvam lashed out at the DMK saying the party, which had left a huge debt of over Rs1 lakh crore has no locus standi to criticise the AIADMK on the fiscal performance.
Responding to a charge by the DMK legislator C.V.M.P. Ezhilarasan during a debate in the Assembly on Tuesday that the state's economy has not been progressing on a healthy note, Mr Panneerselvam said the previous DMK had left a huge debt of over Rs1.01 lakh crore when it demitted office. “After the AIADMK emerged victorious (in 2011) the government had put the economy on track, thanks to the able guidance and leadership of Chief Minister J. Jayalalithaa,” he said.
Inflation has been kept under control and in five years, the government was able to improve the state's economy. “You are talking as if the DMK has done a good job,” he said pointing to the DMK members.
In talks with Foxconn to revive unit
Refuting a claim by Exhilarasan on the Sriperumbudur factory of the Taiwanese-based electronic manufacturing giant Foxconn, Industries Minister M. C. Sampath said the state government was in talks with the Foxconn officials. “The Foxconn authorities had met the state officials in July to revive the plant. The company has not migrated to other states as alleged by the member. The government under Chief Minister J. Jayalalithaa has been creating conducive atmosphere for industrial growth in the state,” Mr Sampath added.
Foundation stone for Silk Park soon
Handlooms and Textile Minister O.S. Manian informed that the Chief Minister would soon pass an order to commence the work to establish the Anna Silk Park in Kancheepuram at an outlay of '8.31 crore. The project would come up on 75-acres land with Central contribution too.
