Financial Daily from THE HINDU group of publications
Wednesday, Feb 04, 2004
Financial Daily from THE HINDU group of publications Wednesday, Feb 04, 2004 |
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Industry & Economy
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Water Kerala Ministerial team to visit Chennai for water talks Our Bureau
Thiruvananthapuram , Feb. 3 A TWO-MEMBER ministerial team will be sent to Chennai to discuss the release of water from the Parambikkulam-Aliyar Project with the Tamil Nadu Government. Stating this in the State Assembly on Tuesday, the Chief Minister, Mr A. K. Antony, said the Finance Minister, Mr K. Sankaranarayanan, and the Water Resources Minister, Mr T. M. Jacob, would try to invite Tamil Nadu Government's attention to the drought-like conditions prevailing in the Chittoor and Alathur taluks in Palakkad district and to expedite the release of badly needed water for the second crop in these regions. KSRTC strike: The Transport Minister, Mr R. Balakrishna Pillai, has said that the proposed strike by Kerala State Road Transport Corporation (KSRTC) is the last thing the pubic sector road carrier wants at a time when it is trying to find its moorings. Replying to questions in the State Assembly on Tuesday, Mr Pillai said the loss-making KSRTC would be pushed into further crisis if the employees went ahead with their strike plan during the third week of this month. The corporation has been making some nominal operating profit during the last quarter of the year 2003 but it was insufficient to meet the rising expenditure. Some budgetary support for the corporation had since become imperative. The State Government was considering a scheme for setting up a welfare fund for employees and commuters. Proceeds from the fund would be used to fetch urgent medical attention to both commuters and employees whenever needed. Investor history: The Industries Minister, Mr P. K. Kunhalikkutty, has expressed the State Government's inability to examine the antecedents of each and every investor desiring to commit funds for a project in the State.
Replying to another question, Mr Kunhalikkutty said the business-to-business (B2B) meet being held in Kochi during the course of the month would set up a platform for traditional entrepreneurs in coir, handloom, handicraft, food processing and ayurveda to liaise with foreign trade bodies and market their products.
More Stories on : Water | Politics | Kerala
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