TNCC slams govt. on industrial growth

Tamil Nadu has slipped to the 18th position from 12th position: Su. Tirunavukkarasar

October 05, 2017 12:31 am | Updated 12:31 am IST - CHENNAI

Tamil Nadu Congress Committee president Su. Tirunavukkarasar on Wednesday slammed the Tamil Nadu government for letting the State slip in industrial growth. In a statement, Mr. Tirunavukkarasar said investments promised during the Global Investors’ Meet in 2015 had not yet fructified.

“It is amusing that Chief Minister Edappadi Palaniswami has announced another such meet at a cost of ₹60 crore. It is an attempt to fool the people,” he said.

He said that Tamil Nadu, which had seen better days with industrial growth rate of 12.31% between the year 2004 and 2014, had slid to 7.11% in the financial year 2015-16. “In fact, in the World Bank report on industrial growth, Tamil Nadu, which was earlier in the 12th position, has now slipped to the 18th position,” Mr. Tirunavukkarasar added.

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