Tata Motors clears air amidst allegations of wasting sops on Nano

Company clarifies that Gujarat government had given a loan of Rs 549 cr and not a grant to Tata Motors

Amidst allegations levelled by Congress vice-president Rahul Gandhi that Gujarat government has wasted Rs 33,000 crore of taxpayer money on the Tata Motors Sanand project, the company on Thursday chose to clear the air by clarifying the matter of loan extended by the state government to Tata Motors. 

A Tata Motors spokesperson said, "The investor-friendly environment created by the Government of Gujarat (GoG) encouraged Tata Motors to set-up its manufacturing plant in Sanand, with a long-term vision to make it one of the leading automotive hubs, further enabling Gujarat to contribute to the prosperity and growth of India. Given the