CHENNAI: The State Cabinet has approved a slew of projects aimed at cementing Tamil Nadu as the most preferred investment destination.
It also approved concessions granted to various industries recommended by the Industries Department.
The DMK government has made it a practice to discuss in the Cabinet the concession given to any industry or group and this was the reason for all concessions granted coming up for discussion before the State Cabinet.
The Cabinet meeting, which went on for over two hours and was chaired by Chief Minister M. Karunanidhi, decided on the expansion of some industries, notably Dalmia Cements and Madras Cements, given the increasing demand for cement. This is also with a view to rein in the price of cement apart from ensuring better availability across the State.
All the members of the Cabinet and senior officials attended the meeting.