Chinese Projects Put On Hold In Maharashtra

Jun 24, 2020 07:35 AM

Keeping in view, the violent clashes taking place in the Galwan Valley, the government in Maharashtra has decided to freeze three of the Chinese projects. The decision came in, days after 20 soldiers attained martyrdom due to the violent clashes that took place in Eastern Ladakh. The three projects have been signed with Chinese companies and hence, the government has decided to pause them. The proposed investments for the projects are said to be more than 5,000 crores. The projects were clinched at the recently held "Magnetic Maharashtra 2.0" investor meet. The meet took place immediately before the fights between the Indian & Chinese troopers.

Maharashtra Industry Minister Shubhash Desai has also given a statement regarding the same. He stated that the decision was taken after the center approved of it. For meanwhile, the projects are paused and the officials are waiting for additional directives from the center. Last Monday, the conference was held through video conferencing. It was attended by the Chinese ambassador Sun Weidong. The conference took place in an attempt to boost the economy in Maharashtra. A myriad number of MoUs were signed with countries like Singapore, China, the US, and South Korea.

On the very day of the conference, a skirmish took place between the Indian and the Chinese troopers in the Galwan Valley of Eastern Ladakh. Indian soldiers in the line of duty were killed in the clashes. The fight involved the use of iron rods, clubs, and the rocks that resulted in 20 Indian soldiers sacrificing their lives while safeguarding the territory.

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