Karunanidhi gives credit to Elangovan on Coca-Cola issue

"Only after he showed documents, Industries Minister admitted land was allotted to company"

April 24, 2015 12:00 am | Updated 09:38 am IST - CHENNAI:

“India is a secular state and its strength lies in unity in diversity,” says Mr. Karunanidhi.

“India is a secular state and its strength lies in unity in diversity,” says Mr. Karunanidhi.

DMK president M. Karunanidhi on Thursday gave credit to TNCC president EVKS Elangovan for the government cancelling plots allotted to Coca-Cola in Perundurai SIPCOT. 

In a statement, he said it was Mr. Elangovan while disputing the claims of State Environment Minister Thoppu Venkatachalam that the company had not asked for environmental clearance, clarified that the Tamil Nadu government had indeed allotted about 72 acres and entered into an agreement for 99 years at a low rate. 

As the Cola major had been banned in seven States, the TNCC president had showed the documents at a press conference and told that groundwater in 80 surrounding villages would be affected. 

It was only after this that the Industries Minister Thangamani admitted in the Assembly that land was allotted to Coca-Cola and that the company had not asked for environmental clearance, Mr. Karunanidhi recalled. 

Alleging that the AIADMK government had allotted land in 2013 itself, Mr. Karunanidhi said the government could only answer the company blaming it for not its inability to construct the bottling plant. 

Interest on farm loans

The DMK president also criticised the Centre for hiking the interest on farm loans given by the banks from nine to 11 per cent and scrapping the Central subsidy on such interest altogether. The hike was sent in the form of circulars to the banks and not openly announced. Due to this, the farmers would have to pay seven per cent interest instead of the present four per cent, he said. 

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.