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The minister made the remark while commenting on the IUML's decision to withdraw from the CPM rally organised in solidarity with Palestine.
Around 8% or 11,833 enterprises shut down because of financial and marketing reasons. Only 503 units closed because of labour issues such as not getting workers, says the Minister for Industries.
Industries Minister P Rajeeve has alleged there was no proper government-to-government communication regarding the event.
The minister said the regional media, however, was reluctant to highlight the state's achievements.
They also sought to remind that components made by Keltron were used in the Chandrayaan-3 and Adithya L1 missions of ISRO.
Various products indigenously developed and manufactured by the four PSUs - Keltron, Steel and Industrial Forgings Limited (SIFL), Travancore Cochin Chemicals (TCC) and Kerala Automobiles Ltd (KAL) - have been used in the Aditya L1 mission.
Some of them went to the extent of asking him to do some research on Kerala before passing comments on the minister.
They have neither received wages nor yarn from the authorities for the last five months.
He said the government will take the necessary steps to ensure maximum punishment for the culprit.
Former Kerala CM Oommen Chandy died last week at the age of 79.