TN just postponed its global investors meet because it was summer

With Amma in exile crucial projects and events in limbo
news Tuesday, April 21, 2015 - 05:30
With DMK leader K Anbazhagan’s plea in the Supreme Court moved to a larger bench for hearing, the possibility of a quick verdict on Jayalalithaa’s appeal in the disproportionate case in the near future appears to be a faint possibility. However, it’s not just Jayalalithaa and her party members hoping for some quick relief from the Karnataka High Court – the possibility of an acquittal has put not just all machinery in the state on standby, it’s also probably got some of Tamil Nadu’s most important projects on hold. Tamil Nadu’s investors meet A meet announced in November 2014, Tamil Nadu’s Global Investors Meet was set to be the state’s first ever two day investors event in May 23 and 24 joining the big league, an event that was said to be similar to the Vibrant Gujarat Global Investors model. However, an event with a budget allocation of Rs 100 crore has now been postponed based on a "a strong feedback has been received from many foreign investors that the event may be held after the summer season", according to an official statement by the government. Keeping aside the "summer season" factor, the new dates will provide a comfortable opportunity for AIADMK chief Jayalalithaa and former Chief Minsiter to grace the occasion with her presence. With a case that has seen some surprisingly fast developments in the last few months, the chances of the case being wrapped before September are highly likely as the judge overseeing the appeals case, Justice C Kumaramsamy, is set to retire this August. It’s not just Rs. 76,000 crore worth of investments lined up for the Global Investors meet that are waiting for a happy ending for the former Chief Minister. Metro waits for Amma to board The 2010 project launched by the DMK government using a budget of Rs 14,600 crore is yet to see the light of day. The first leg of the project, which is a 10 km stretch from Koyambedu to Alandur is complete, however, the state government has not heeded possibilities of an inauguration in early 2015. Even the required safety sanction to roll out the new train service has been provided by the Commissioner of Metro Rail Safety(CMRS). Though there is hardly any work left for the service to start, there has been no sign of an inauguration soon. Hundred buses wait for Amma On the other hand, while new trains wait for the government nod, so are over a 100 buses belonging to the state transport corporation. While PMK leader S Ramadoss alleged that the buses were waiting for Jayalalithaa’s return as Chief Minsiter, government officials on the other hand stated that the new buses would only be released in batches of 200 and hence the delay. With a state that is high on sycophancy for its leaders, it might be a while before Tamil Nadu gets back on its two feet. However, events on such a grand scale without Jayalalithaa at the helm will surely be a spectacle that will not go down in history.  
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