Tamil Nadu’s contribution to India’s total exports is 9.25 percent, said the Minister of Micro, Small and Medium Enterprises Department Mr. Mo. Anparasan.
The 13th Micro, Small and Medium Enterprises Conference of the Indian Trade Union held at Karur on Saturday was inaugurated by the Ministers. Anbarasan, V. Senthilbalaji started it.
Following this, Minister Anbarasan spoke: 15 percent of the total companies in India are in Tamil Nadu. As a result, Tamil Nadu ranks 3rd in terms of industrial development in India.
Realizing the importance of this, the Chief Minister of Tamil Nadu has given 86 percent of the Rs 2,113 crore loan provided by the Tamil Nadu Industry Investment Corporation to micro, small and medium enterprises.
To ease the difficulties of entrepreneurs in getting bank loans, for the first time in India Rs. 100 crore Tamil Nadu loan guarantee scheme was recently launched by the Chief Minister of Tamil Nadu.
Under this scheme, within a week, 81 companies will receive Rs. 20.13 crore loan has been disbursed.
For the development of rope industries to provide employment to rural women, rope groups are being formed all over Tamil Nadu.
Tamil Nadu’s contribution to India’s total exports is 9.25 percent. In order to encourage this, work is underway to set up export centers at 10 places namely Karur, Tirupur, Madurai, Ampur, Thoothukudi, Pollachi, Kanchipuram, Chennai, Coimbatore and Orsur.
3 types of self-employment schemes are being implemented by the micro, small and medium industries namely NEEDS, Youth Self-Employment Scheme and PMEGP. Through this, a target has been set to create 10,000 new entrepreneurs per year, he said.
Minister of Electricity, Prohibition and Coordination Department V. Senthilbalaji spoke: The Chief Minister has accepted the request of industrial companies for investments in household appliances industry and has given 25 percent subsidy. By 2030 in Karur district Rs. Steps are being taken to convert the Rs.10,000 crore bond into Rs.25,000 crore bond. Even though our target is Rs. 50 thousand crores, he said.
Earlier, the conference was presided over by Collector D. Prabhushank. Members of Legislative Assembly I. Manickam, K. Sivakamasundari, R. Ilango and Mayor K. Kavitha presided.
CII State Council President Sathyagam Arya welcomed. Karur Vysya Bank Chairman Ramesh Babu, CII Karur District Chairman Venkatesan, Tamil Nadu Micro, Small and Medium Enterprises Association Chairman Sudhakar Vaithialingam, Ponnusamy, Tamil Nadu Government Micro and Small Enterprises Department Principal Secretary Maheswari and others spoke. In this, the trade union participated in large numbers.