Maharashtra: ‘Economic slowdown due to erratic central decisions’

Maharashtra: ‘Economic slowdown due to erratic central decisions’

"The Centre has made some erratic decisions, which could have slowed down investment here," he said.

AgenciesUpdated: Saturday, March 14, 2020, 07:55 AM IST
article-image
Subhash Desai | @Subhash_Desai (twitter)

Mumbai: Maharashtra industries minister Subhash Desai on Friday alleged that some "erratic" decisions by the Centre may have caused economic slowdown in the country.

The minister was discussing issues related to industrial slump.

"The Centre has made some erratic decisions, which could have slowed down investment here," he said.

The Centre has created a "trust deficit" among the potential foreign investors, the minister alleged.

Instances like cancellation of tender for Amravati assembly spoiled country’s image.

The industries minister also cited disputes between some companies and the Union government.

"There have been instances such as Vodafone case, where several old tax dues are now being recovered," he claimed.

RECENT STORIES

Mumbai: Eligibility Survey For Dharavi Redevelopment Completes

Mumbai: Eligibility Survey For Dharavi Redevelopment Completes

Salman Khan Residence Firing Case: Mumbai police Issued Lookout Circular Against Anmol Bishnoi,...

Salman Khan Residence Firing Case: Mumbai police Issued Lookout Circular Against Anmol Bishnoi,...

Western Railway To Run 3 Pairs Of Summer Special Trains To Various Destinations To Meet Travel...

Western Railway To Run 3 Pairs Of Summer Special Trains To Various Destinations To Meet Travel...

Mumbai: Indian Railways Extend Services Of LTT-Gorakhpur Summer Special Trains By Additional 30...

Mumbai: Indian Railways Extend Services Of LTT-Gorakhpur Summer Special Trains By Additional 30...

Mumbai: NCDRC Rejects Claim Of Dhariwal Industries Siting Compensation For Loss of 350 Cartons Of...

Mumbai: NCDRC Rejects Claim Of Dhariwal Industries Siting Compensation For Loss of 350 Cartons Of...