MARKET STRUCTURE · INDIA

DMK government failed to retain investments coming to T.N., alleges Nainar Nagenthran

The Hindu
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BJP's Nainar Nagenthran claims the DMK government failed to retain investments, resulting in a loss of 20,000 jobs for Tamil Nadu's youth.
DMK government failed to retain investments coming to T.N., alleges Nainar Nagenthran
Why it matters
Nainar Nagenthran, the BJP State president, has accused the DMK government in Tamil Nadu of failing to retain crucial investments. He highlighted a specific case where a South Korean company planned to invest ₹1,720 crore in the state but decided to relocate its investment to Andhra Pradesh. Nagenthran emphasized that this loss translates to 20,000 direct job opportunities for the youth of Tamil Nadu. He criticized Chief Minister M.K. Stalin for not securing new investments during his foreign trips and suggested that the government routinely announces incoming investments while projects are actually moving to neighboring states. This situation, he argues, is detrimental to the future of Tamil Nadu.
Source

The Hindu

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