Antony Sets 2-week Deadline For Post-GIM Fasttrack Mechanism

Thiruvananthapuram, January 22: | Updated: Jan 24 2003, 05:30am hrs
The Kerala Cabinet, which met here on Wednesday, has asked the state chief secretary to ready in two weeks a fasttrack mechanism for doing the follow-ups on the MoUs and EoIs in Global Investor Meet (GIM). Speeding up the projects will not be at the cost of transparency, chief minister A K Antony told reporters after the cabinet meeting. He also assured that no MoU will be allowed to be fructuated without the cabinet clearance. The role of the new body will be to give a protocol to this process.

"Before the GIM tempo is lost, the follow-up body has to be in place on warfooting. For this the chief secretary has been asked to convene a brainstorming session of all secretaries," chief minister said.

Asked of including the controversial MoU on sea sand mining, Mr Antony said that the state government has accorded permit only to study the issue in all its ecological dimensions.

Mr Antony had earlier said that this follow-up mechanism will be conceived ambitiously as a model to rest of the Indian states. "GIM has been a bigger success than expected," he said. Rs 26,000-crore worth MoUs, including the Centre's investment in Kerala, have been signed at the two-day meet, according to Kerala State Industrial Development Corporation (KSIDC), which anchored the event.