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Edappadi Palaniswami urges TVK-led government to follow Jayalalithaa’s example in NLC disinvestment issue
India🏛️ Politics6 days ago

Edappadi Palaniswami urges TVK-led government to follow Jayalalithaa’s example in NLC disinvestment issue

Edappadi K. Palaniswami, a senior leader of the AIADMK party, has urged the Tamilaga Vettri Kazhagam (TVK)-led Tamil Nadu government to emulate former Chief Minister Jayalalithaa's approach in addressing the disinvestment of the Union government's stake in the Neyveli Lignite Corporation (NLC). In 2013, Jayalalithaa facilitated the purchase of 3.56% of NLC equity by state public sector units, countering the central government's proposal to disinvest 5%. Palaniswami criticized the current federal government's plans to privatize NLC, noting that the corporation was established in the 1950s using land donated by 23 villages under the condition that it remain a public sector undertaking. He pledged his party's support for protests against privatization and expressed willingness to organize demonstrations to block such moves.

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The Hindu logoThe HinduIndependentLeft6 days ago
Edappadi Palaniswami urges TVK-led government to follow Jayalalithaa’s example in NLC disinvestment issue

Edappadi K. Palaniswami, a senior leader of the AIADMK party, has urged the Tamilaga Vettri Kazhagam (TVK)-led Tamil Nadu government to emulate former Chief Minister Jayalalithaa's approach in addressing the disinvestment of the Union government's stake in the Neyveli Lignite Corporation (NLC). In 2013, Jayalalithaa facilitated the purchase of 3.56% of NLC equity by state public sector units, countering the central government's proposal to disinvest 5%. Palaniswami criticized the current federal government's plans to privatize NLC, noting that the corporation was established in the 1950s using land donated by 23 villages under the condition that it remain a public sector undertaking. He pledged his party's support for protests against privatization and expressed willingness to organize demonstrations to block such moves.

Bias read (Left): The article frames the opposition to the Union government's disinvestment plan as a continuation of Jayalalithaa's legacy, which aligns with left-leaning interests in maintaining public ownership. The emphasis on resisting privatization and supporting local control reflects a progressive stance. The

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