The Hindu : Front Page : State favours role for staff in managements of PSUs

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Thursday, Jul 22, 2010
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State favours role for staff in managements of PSUs

Special Correspondent

Elamaram Karim says the State has a peaceful industrial climate.

THIRUVANANTHAPURAM: The State government is in favour of employees' representation in the managements of public sector undertakings (PSUs), Industries Minister Elamaram Karim said in the Assembly on Wednesday.

The government had taken a policy decision in this regard and the criteria were being worked out, Mr. Karim said while replying to a debate on the demand for grants for Industries.

The performance of PSUs was being appreciated at the national level. While previous governments introduced the voluntary retirement scheme for closure or restructuring, the present government considered voluntary retirement only for revival of PSUs, he said. The titanium sponge factory being built at Chavara, near Kollam, in collaboration with the Indian Space Research Organisation, would be ready by December this year. The country would be the seventh in the world to have the technology to produce titanium sponge. The government had also proposed a mineral research institute at Chavara.

He announced that the income support scheme implemented for coir workers would be extended to those in khadi and handloom sectors.

The Minister said the State's industrial growth rate of 9 per cent last year was higher than the national average. The State now had a peaceful industrial climate that was encouraging to entrepreneurs. More large, medium and small industrial units were being registered in the State. More than 25,000 small units got registered in the past four years, he said.

The feasibility study for a north-south high-speed railway corridor would be ready in five months. The LNG terminal in Kochi would be ready by 2012 and work had commenced for developing the proposed infrastructure.

The House passed the demand for grants amounting to Rs.414 crore.

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