DMK’s Alagiri gives cabinet meet a miss | Latest News Delhi - Hindustan Times
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DMK’s Alagiri gives cabinet meet a miss

Hindustan Times | ByShekhar Iyer, New Delhi
Oct 04, 2012 11:21 PM IST

Chemicals and fertiliser minister MK Alagiri, DMK’s lone representative in the Union Cabinet, skipped its crucial meet that okayed proposals to hike foreign investment ceiling in the insurance and pension sectors.

Chemicals and fertiliser minister MK Alagiri, DMK’s lone representative in the Union Cabinet, skipped its crucial meet that okayed proposals to hike foreign investment ceiling in the insurance and pension sectors.

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HT Image

Alagiri took the PM’s permission, ostensibly to be present at an international meet on chemicals and petrochemicals industry in Mumbai, which was inaugurated by President Pranab Mukherjee.

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But he is understood to have forwarded to the PMO a resolution of DMK executive body along with a statement by party chief and father M Karunanidhi opposing the FDI. Karunanidhi had wanted a review of the decision on FDI, saying “allowing it in the name of reforms will spell doom for developing countries like India.”

Alagiri had earlier written to the PM, opposing the move to hike the price of urea in the interest of farmers. But finance minister P Chidambaram wrote to Alagiri, asking his ministry to hike urea price and work out a plan for direct cash transfer of fertiliser subsidy to farmers.

Unveiling 'Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!
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