3 months ago
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The confederate districts’ imagination of Nanguneri Multi-product Special Economic Zone getting revived aft 25 years has been erstwhile again shattered arsenic the Tamil Nadu Interim Budget 2026 presented successful the Assembly connected Tuesday did not spell retired its revival plan.
Nanguneri Multi-Product SEZ has lone 13 tiny manufacturing units providing employment to a fewer 100 skilled, semi-skilled, and unskilled workers adjacent though it was aimed astatine producing a lakh jobs and thereby mitigate the caste-clashes successful confederate districts.
The task promoter has mortgaged a large information of the 2,600 acres of onshore acquired for the SEZ to rise bulky loans for different purposes portion the SEZ analyzable inactive has nary investor-friendly infrastructure.
The DMK has failed to retrieve the land. “This soundlessness by Tamil Nadu Government is conscionable frustrating. We’ve fixed up each our hopes connected this government,” said a seasoned industrialist, who has planned to put successful this SEZ.
Even arsenic the accusation exertion Special Economic Zone established astatine Gangaikondan 20 years agone by past Chief Minister M. Karunanidhi is waiting for the companies to unfastened their offices here, this Budget claims to unfastened mini IT parkland successful Tirunelveli and Kanniyakumari successful confederate Tamil Nadu.
However, the announcement pertaining to the opening of Centre of Excellence successful Government Engineering College, Palayamkottai, to equip students with employable skills has been encouraging.
Similarly, the authorities has projected to found sewage attraction works to forestall nonstop discharge of wastewater into the Tamirabharani from the areas nether Tirunelveli Corporation.
The Budget has revealed the State Government’s volition to physique pumped retention hydroelectric task successful the Vellimalai country successful the Western Ghats successful neighbouring Kanniyakumari territory for generating 1,000 MW of power.
