Chennai

“Discuss MOUs to be signed at GIM in Assembly”

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CPI(M) State secretary G. Ramakrishnan on Monday urged the government to table before the Assembly all the memorandums of understanding (MOUs) likely to be signed during the Global Investors Meet (GIM) for a discussion and not to give permission to companies that would use the technology already existing in the country.

A secret

In a statement, he said that though in the past both the Dravida Munnetra Kazhagam and the All India Anna Dravida Munnetra Kazhagam governments had signed MOUs and organised investors conference, they were kept as a secret despite the demand made by the CPI(M) members for a debate in the Assembly.

Past experience

In the past, companies such as Nokia availed themselves of many privileges, including land at less cost only to close their units later. “The companies recruited the best talents and left them in lurch after 10 years,” Mr. Ramakrishnan said.

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Printable version | Jan 24, 2020 11:28:37 AM | https://www.thehindu.com/news/cities/chennai/discuss-mous-to-be-signed-at-gim-in-assembly/article7627101.ece

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