The day Tamil Nadu plays a key role in an inclusive, secular and prosperous India is not far, said Tamil Nadu chief minister and AIADMK general secretary J Jayalalithaa, one of the many regional leaders who fancy themselves as potential post-poll candidates for the post of prime minister ahead of general elections. Outlining a plan to invest, partner and facilitate an infrastructure expansion of Rs 15 lakh crore by 2023, the CM said she believed Tamil Nadu would emerge as the epicentre of the global economic power that is shifting towards Asia.
“I have a vision for India in which Tamil Nadu will play a key role — a vision of a resurgent India; a nation with an inclusive society and open markets; a nation of enterprise and creativity driven by knowledge and shaped by family values; a nation of growth with equity; a nation with peace, stability and development; a modern, secular and prosperous India. I want to assure you all that this day is not far,” she said at a gathering of some of the leading names of India Inc on Friday while releasing Phase-II of the Tamil Nadu Vision 2023, and the industrial, auto and biotechnology policies of the state for 2014.
The investment climate in the state is buoyant, she said, citing data published by the Centre for Monitoring Indian Economy (CMIE), and the Department of Industrial Policy & Promotion (DIPP). The incremental investments attracted from the time she assumed power to last month was Rs 1. 46 lakh crore, she said.
“Tamil Nadu has achieved 18.2 per cent growth in investments, higher than states like Gujarat, Maharashtra and Karnataka,” she said. “But, I do not rest on my laurels. I want to welcome more and more investment into the state,” she said, urging industrialists to take part in the Rs 100 crore global investors meet in October this year.
The Tamil Nadu Vision 2023 Phase-II is a continuation of an earlier document released two years ago, updated with suggestions and recommendations. In all, the government envisages an investment of Rs 15 lakh crore under 217 projects, and social infrastructure development programmes. The state will implement these projects and programmes through direct investment and public-private projects while it will act as facilitator for the rest.
The energy sector with Rs 3.89 lakh crore, urban infrastructure with Rs 2.63 crore, railways with 1.88 lakh crore are some of the key sectors that received attention in the vision document. Agriculture was given a three-fold increase, and allocation for human development programmes was doubled as compared to the Phase-I document.
Budget earmarked Rs 3.40 crore for the Nirbhaya Fund, to be used for the upkeep of security of women.