Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
The Hindu Bureau

Palaniswami, Annamalai question DMK government over drop in FDI

AIADMK general secretary Edappadi K. Palaniswami on Thursday held Chief Minister M.K. Stalin responsible for pushing Tamil Nadu to the 8th spot in foreign direct investment (FDI) during 2022-23.

In a statement, Mr. Palaniswami said no fresh investment seemed to have been realised even after two foreign visits by the Chief Minister. At least during the 2024 edition of the Global Investors’ Meet, the State government should attract investments for projects that would benefit the people, he said.

Tamil Nadu BJP president K. Annamalai also questioned the DMK government over the 27% reduction in FDI.

The BJP leader accused the government of not showing any concern for the welfare of the youth. Pointing out that the DMK had promised 10 lakh jobs per annum before coming to power, he alleged that the Chief Minister was touring foreign countries and claiming that thousands of crores of investments would be coming to Tamil Nadu, but none of those projects had materialised. He claimed that many companies were avoiding investing in Tamil Nadu owing to corruption in the government.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.