Chennai, July 4 (ANI): Around 30,000 Neyvelli Lignite Corporation (NLC) employees will go on an indefinite strike from Tuesday evening in protest over the Central Government's decision to disinvest ten per cent of the corporation's preferential equity. In an embarrassment to the Manmohan Singh-led UPA Government, the Dravida Munnetra Kazhagam (DMK), which rules in Tamil Nadu presently and is a key ally, has decided to support the strike. Tamil Nadu Chief Minister M Karunannidhi has already urged the Prime Minister to reconsider the decision and has mooted the idea of giving away ten per cent of the equity to NLC employees. [link]
Tamil Nadu's dream of becoming the south's power hub might remain just that. The state electricity minister has announced load shedding in the industrial belts, reports CNBC-TV18. There seems to be darkness at noon in store for Tamil Nadu. It will face a shortage of 1000 MW this summer. That's why the industrial belts are expected to go in for load shedding. It's been 10 years since Tamil Nadu has faced a power shortfall. The state electricity board has signed MoUs with big companies and it's about time they were implemented. [link]
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