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Release Rs 4.5K crore rural infra fund, CM Stalin urges Union Finance Minister Nirmala Sitharaman
Release Rs 4.5K crore rural infra fund, CM Stalin urges Union Finance Minister Nirmala Sitharaman

New Indian Express

time2 days ago

  • Business
  • New Indian Express

Release Rs 4.5K crore rural infra fund, CM Stalin urges Union Finance Minister Nirmala Sitharaman

CHENNAI: Chief Minister MK Stalin on Tuesday urged Union Finance Minister Nirmala Sitharaman to give early approval for releasing Rs 4,500 crore under the NABARD's Rural Infrastructure Development Fund for the current financial year and Rs 350 crore under the Fisheries Infrastructure Development Fund (FIDF) for the expansion of the Kolachel fishing harbour. Tamil Nadu Finance Minister Thangam Thennarasu handed over Stalin's letter in this regard to Sitharaman in New Delhi. He was accompanied by DMK parliamentary party leader and MP Kanimozhi. Both met Sitharaman in the Parliament House. Referring to Thennarasu's meeting with Sitharaman, Stalin wrote on X platform, 'The fishermen from Kanniyakumari district met me and requested to start the works on the extension of Colachel harbour soon. I hope the union minister will accept this fair request from Tamil Nadu and release the funds necessary.' Thennarasu is in New Delhi to attend the crucial meeting of the state ministerial committee on Wednesday to put forth the union government's proposal for sweeping GST reforms that will slash tax rates, which may lead to a reduction in prices of items commonly used by the public.

Stalin requests Nirmala Sitharaman for funds for expansion of Colachel harbour, rural infrastructure
Stalin requests Nirmala Sitharaman for funds for expansion of Colachel harbour, rural infrastructure

The Hindu

time2 days ago

  • Business
  • The Hindu

Stalin requests Nirmala Sitharaman for funds for expansion of Colachel harbour, rural infrastructure

Tamil Nadu Finance Minister Thangam Thennarasu and DMK parliamentary party leader Kanimozhi Karunanidhi on Tuesday handed over a representation from Chief Minister M.K. Stalin to Union Finance Minister Nirmala Sitharaman in New Delhi requesting to release funds for Colachel fishing harbour in Kanniyakumari district. In a social media post, M.K. Stalin expressed hope that the Union Minister would release funds for the project. Fishermen from Kanniyakumari district had earlier called on Mr. Stalin and requested for expansion of the Colachel fishing harbour. The TN government has sought allocation of ₹350 crore under the Fisheries Infrastructure Development Fund through the NABARD. The State government also requested funds to the tune of ₹4,500 crore under the Rural Infrastructure Development Fund through the NABARD. Mr. Thennarasu said that they requested Ms Sitharaman to release funds soon.

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