Tamil Nadu against privatization of Tiruchi gun factory
Written by : IANS | Thu, Jun 22, 2017, 06:09 PM
Chennai, June 22: The Tamil Nadu government on Thursday expressed its opposition to the central government's plans to induct a private investor for Tiruchirappalli gun factory which comes under the Ordnance Factory Board.
Industries Minister M.C. Sampath said the gun factory management has been asked to look at the feasibility of inducing a private investor and operate the business on public-private-partnership (PPP) basis.
The PPP model was suggested by the Niti Aayog and it is learned that the workers of the gun factory were planning to strike work on Tuesday (June 27), opposing the move, Sampath told the state assembly.
The matter will be taken up by Chief Minister K. Palaniswami and steps will be taken to prevent the privatization of the Tiruchirappalli gun factory, Sampath said.