Industries Minister M.C. Sampath said the gun factory management has been asked to look at the feasibility of inducting a private investor and operate the business on public-private-partnership (PPP) basis.
The PPP mode was suggested by the Niti Aayog and it is learnt that the workers of the gun factory were planning to strike work on Tuesday (June 27), opposing the move, Sampath told the state assembly.
The matter will be taken up by Chief Minister K. Palaniswami and steps will be taken to prevent the privatisation of the Tiruchirappalli gun factory, Sampath said.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.