West indian countries

Stalin calls for a simplified mechanism for states to enter into memorandums of understanding with countries

Chief Minister MK Stalin on Saturday pleaded for an appropriate and simplified mechanism by the Indian government, which would allow state governments to enter into memorandums of understanding with other countries, their ministries and agencies, especially for promoting investment and strengthening the university-industry network.

Addressing the 30th meeting of the Southern Zone Council in Kerala, he said a mechanism was needed as clearances and no objection certificates from the Ministry of External Affairs had delayed the signing of the MoUs.

The Chief Minister also urged Home Minister Amit Shah, who was present at the meeting, to withdraw the Electricity (Amendment) Bill 2022 and allow distribution license holders belonging to the State to provide quality electricity at affordable rates for the population. He also sought the Minister’s intervention to secure the assent of the Tamil Nadu Admission Bill for Undergraduate Medical Courses, passed unanimously by the Tamil Nadu Legislative Assembly and pending with of the Union government.

Another important issue raised by Mr. Stalin concerned airports, for which state governments acquire and transfer land to the central PSUs/Airports Authority of India (AAI) free of charge. “If the AAI/Government of India at some later date transfers the assets to a third party, the realized value shall be shared proportionately with the State Government in view of the huge investment made by the State. Alternatively , the land value should be converted into state government equity through a special purpose vehicle,” he said.

Mr. Stalin also made a strong case for the creation of the high-speed rail corridor, saying it was more economical, energy-efficient and less polluting than planes and automobiles. “In order to increase the average speed of travel in the passenger traffic of the state, I insist on establishing a high-speed rail corridor linking specific places in Tamil Nadu like Chennai, Coimbatore, Thoothukudi and Madurai between them and neighboring states. . This initiative would reduce the carbon footprint in line with India’s net zero ambitions and improve the economic prosperity of the state as a whole,” he added.


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