Hitting out at the Centre, Puducherry Chief Minister today alleged that inadequate support from the Centre was stunting industrial growth in the Union Territory.
Despite huge potential for tourism and industrial development, the Centre was not coming forward to assist projects in Puducherry, he said.
Finance Minister Arun Jaitley, when approached, was saying the government had no funds, Narayanasamy said, while addressing the 'Indian Business Congress', organised here by the Entrepreneurs Council of India.
"Running an industry in this competitive and highly politicised atmosphere has been and is a huge challenge," he said.
"If investments have to come, the state should be peaceful, it should be corruption-free;
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