December 2015 \ Business & Investment \ Business and Governance
Kerala Calling

  • Mr Oommen Chandy, Chief Minister, Kerala (left) with Union Minister of Chemicals and Fertilizers Mr Ananth Kumar

 A delegation led by Kerala Chief Minister Mr. Oommen Chandy met the Union Minister of Chemicals and Fertilizers, Shri Ananth Kumar in New Delhi in early December. The major issue of discussion was revival of FACT Plant at Kochi. Later briefing the press, Shri Ananth Kumar said that FACT, Kochi is the mother of all industries in the country. He said both the Governments are taking keen interest in revival of FACT. Thanking the Kerala Government for lending its full support, Shri Ananth Kumar said, the proposal of revival package for FACT which is bigger than the one earlier thought of, is under active consideration of his Ministry in consultation with the Union Finance Ministry. He expressed the hope that within 15 days, the revival package for FACT would be cleared. He said the package will not only provide for revival of the Plant, but also its expansion. He said the Plant will add to the fertilizer security of the South India, and will be a big boon to the Kerala farmers.

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