DMK asks Centre not to disinvestment Chennai Kamarajar port

DMK asks Centre not to disinvestment Chennai Kamarajar port

DMK asks Centre not to disinvestment Chennai Kamarajar port

The Opposition party DMK in Tamil Nadu asked the Union Government to stall its proposal to divest 100 per cent of its shares in the Kamarajar Port near the State capital.
 
DMK working president M K Stalin, in a letter to Union Minister of Road Transport and Highways Nitin Gadkari, urged him to dispassionately understand the feelings of the people of the State before taking any unilateral and hasty decision to privatise the Port.
   
"It is not just a Corporate Port but it engineers the economic growth of the State and the nation", he said.

Stating that any prudent administrator would not allow an economically viable and highly profitable port to be privatised jeopardising the interests of all the stakeholders. Stalin has also pointed out that the Annual Reports published by the government says the port was a profit-making institution and it could never be allowed to be trusted in the “basket of ports” to be privatized.

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