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Tuesday, Feb 08, 2011
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THIRUVANANTHAPURAM: The government will sign a memorandum of understanding (MoU) with the State Bank of Travancore (SBT) this month for forming a consortium for financing the Vizhinjam International Container Transhipment Terminal project, Minister for Ports V. Surendran Pillai has said.
Replying to questions in the Assembly on Monday, Mr. Pillai said the date for signing the MoU for securing Rs.2,500 crore for the first phase of the project would be announced soon. The interest rate would be finalised only after inking the pact. As many as 14 international companies had evinced interest in the project, he said.
Minister for Excise and Labour P.K. Gurudasan said that 43,53,948 unemployed youth had registered their names in the employment exchanges in the State. The government had so far issued licence to 143 bar hotels.
The Kerala State Beverages Corporation had opened 33 outlets during the tenure of the LDF. As per official estimates, the returns from liquor sales in the next five years was projected to touch Rs.23,000 crore. Chief Minister V.S. Achuthanandan said the government had sought a Central package for Endosulfan victims, but no assistance had been promised so far.
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