Chennai, April 6 :
Chennai, April 6:
Jayalalithaa today set about making Tamil Nadu State No. 1 by making a presentation on her vision and charming captains of industry at a CII session here.
Tamil Nadu could not have hoped for a more opportune moment to showcase and gain acceptability for its recent fiscal reforms package as Jayalalithaa struck a chord with the business barons and the mandarins who matter.
She readily agreed with
CII chief Sanjiv Goenka, who made a case for more recreational facilities, like golf clubs, and quality schools in the state to attract more foreign direct investment.
'Yes, there are several proposals for development of recreational facilities and private sector investments in recreational activities is being pursued by the state-owned industrial promotional agency, TIDCO,' she replied, much to the surprise of Goenka and others in the packed ballroom at the Taj hotel here.
'We are also working on the concept of a Knowledge City while the water scarcity of Chennai should be a thing of the past,' added the chief minister, who took questions from the industrialists for 20 minutes after inaugurating the annual session and conference of the CII, southern region.
Jayalalithaa repeatedly mentioned the fact that the World Bank had chosen Chennai for its Accounting Back Office to drive home her point that Tamil Nadu is already a much-favoured destination for foreign direct investments.
The FDI approvals for the state till December 2001 stood
at Rs 22,723 crore and the state was evolving a new industrial policy to help attract more FDI, she said.
Jayalaithaa's charm seemed to be working as Goenka assured her that the CII would work in tandem with her agenda and hoped that Tamil Nadu would be a springboard 'for a more aggressive thrust to globalisation' in the south under Amma's guidance.
Jayalalithaa's attempts at hardselling Tamil Nadu got a boost as the CII distributed copies of the state budget and the Governor's address, which had emphasised that 'tough economic decisions' needed to be taken. The chief minister made a presentation on the state's overall economic scene and her vision of making Tamil Nadu the top state.
In a power-packed performance to promote her state, Jayalalithaa brushed aside an industrialist's jab at the power situation while holding forth on a question about the 'unique' advantages of Tamil Nadu in pursuing her vision.
'We have political stability, uninterrupted power supply, excellent communication facilities, very good network of roads, an optical fibre network in the making, skilled workforce and a good work culture,' she said. 'People in Tamil Nadu do not spend much time in frivolous pursuits,' she added, winning another round of liberal applause.
When Venu Srinivasan of the TVS Group drew her attention to the sorry state of rural roads, the chief minister cut him off, stating that her government was aware of the role of infrastructure like roads in economic development. 'The government is evolving a new road policy,' she said.
The chief minister then reeled off that her government was investing Rs 630 crore in rural roads this year and that that two major projects - upgradation of 732 km of roads at a cost of Rs 1150 crore and maintenance of another 2,600 km for at a cost of Rs 450 crore - have been forwarded to the World Bank for assistance.