CM's Bombay Stock Exchange Visit , CM at India Economic Summit 2011

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CM at India Economic Summit 2011

Mumbai 14-11-2011: An understanding between the centre and the states is a must. That will only strengthen the confidence of the people, said CM. He was speaking at the Indian Economic Summit here.

In India, States and the Central Government have to work together to get things done and keep the country on a stable and sustainable growth path, Chief Ministers of three Indian states agreed in a panel on the role of states in India’s development at the forum.

Prithviraj Chavan, Chief Minister of Maharashtra, Sivaraj Singh Chauhan, Chief Minister of Madhya Pradesh, Kiran Kumar Reddy, Chief Minister of Andhra Pradesh, Kristy Clarke, Prime Minister British Columbia were other participants of the session moderated by Sekhar Gupta, Editor in Chief, Sekhar Gupta.

Labour problems have become a story of the past. Everyone together has resisted the wrong policies in the state, said CM. Citing the withdrawal of Nokkukuli in the state as an example, CM said that changes are happening in the state. Kerala is a state where only a few days are lost in the name of protest of employees.

To the question of Sekhar Gupta regarding the Centre not giving environmental clearance for projects, CM said that the Centre failed to give clearance for the Athirapally project that was supported both by LDF and UDF. Environmental problems should be discussed in its merit. Centre has promised to give Green Bonus instead of Athirapally project, said CM. CM also opined that states should be given more freedom to implement some of the major Central projects.

CM said that he is sure that he gets the support of all people to the question of the moderator regarding the intervention of High Command and Party Leaders in the governance of the state.

All efforts are taken to form Kochi- Coimbatore Industrial Corridor like that of the Delhi –Mumbai corridor, said CM.

CM also pointed out that more than 2000 ideas have already been received for the Vision 2030 programme.

Environmental policy and the approval of infrastructure projects have proven to be difficult areas for states and the central government to find a balance of power and a think tank or non-partisan policy unit could be created to help states develop policies were the points that came up in the discussion.

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CM's Bombay Stock Exchange Visit

Mumbai 14-11-2011: It has been decided to open a Regional Office of Mumbai Stock Exchange at Kochi within two months. Investor Education programmes will be conducted to protect the investors from getting cheated. The website of BSE will be published in Malayalam too. These decisions were taken at the meeting of CM with the top officials of the Mumbai Stock Exchange.

It is for the first time that the Mumbai Stock Exchange is being visited by a Kerala CM. CM expressed his happiness in visiting the oldest Stock Exchange in the world.

In Kerala there are a lot of investors and several incidents of them being cheated are also reported, said CM. Keeping this fact in view CM has instructed to conduct awareness classes for the investors to help them invest in the right way.