Lok Shakti

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Opposing the deep sea fishing project, Kerala signed a memorandum of understanding with the company

In order to deal with the controversy over a deep sea fishing deal with the US firm, the CPI (M) government on Wednesday canceled the MoU for the Rs 5,000 crore project. This comes after the government revoked the same MoU for construction of 400 deep sea fishing vessels and development of a fishing port at a cost of Rs 2,950 crore. The Kerala State Industrial Development Corporation, an investment promotion unit under the Department of Industries, entered into an agreement with EMCC International India Private Limited on February 28 last year with an Indian arm of the EMCC Global Consortium. Activities ”. Protests are increasing among the fishermen community, and the Congress-led UDF is carrying out a massive agitation against the government in coastal areas. The Kerala Catholic Bishops’ Council also demanded that the government should withdraw the deal provoked without fact in fishermen’s concerns – a large proportion are Catholics. The opposition, which accused the corporates of trying to sell marine funds, planned to continue the movement. On Wednesday, Congress MP Rahul Gandhi also raised the issue during a conversation with fishermen in Kollam. .