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Rajaa flays EPS for 'flawed' claims on foreign investment
The New Indian Express
|August 08, 2024
INDUSTRIES Minister TRB Rajaa hit out at AIADMK General Secretary Edappadi K Palaniswami on Wednesday for levelling "baseless, fundamentally flawed and malicious" allegations about foreign investment and industrial development in Tamil Nadu.
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The minister said the quantum of investments in Tamil Nadu has increased by 12.3% He clarified that foreign investments are not a perfect indicator of growth because even the companies that invest in a particular state, will only credit the funds to the state where their headquarters are located. So, experts do not consider this a proper indicator. Nevertheless, Chief Minister M K Stalin has secured investments worth nearly 10 lakh crore and created more than 31 lakh jobs in Ta
This story is from the August 08, 2024 edition of The New Indian Express.
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