No privatisation in critical minerals corridor project: Chief Minister
Kerala Chief Minister V.D. Satheesan clarified that the state's Critical Minerals Corridor project will be a government-led consortium effort rather than a privatization initiative. He emphasized that the project focuses on value-addition rather than mining.
Why it matters
The clarification addresses political concerns regarding the management of natural resources and the role of public sector entities in the state's economy.
The Critical Minerals Corridor project mentioned in the Revised Budget for 2026-27 does not involve privatisation but will be implemented jointly by the Central and State governments, Chief Minister V.D. Satheesan said on Wednesday.
The article balances the government's defense with the context of opposition allegations, maintaining a neutral reporting stance.
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