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State incentivises manufacture of oxygen

State incentivises manufacture of oxygen Updated: Updated: Govt. announces capital subsidy Govt. announces capital subsidy The State government on Thursday announced incentives for companies willing to manufacture medical oxygen in the State. The government announced that companies that invest in Tamil Nadu to produce oxygen concentrators, oxygen cylinders and medical oxygen will get 30% capital subsidy over a two-year period. The companies that wish to avail themselves of this subsidy must begin production before August 15. Investments made between January 1 and August 31 will also be taken into account. For investments made between January 1 and November 30 for setting up plants with a minimum capacity of 10 metric tonnes of liquid oxygen, 30% capital subsidy will be given over five years. The firms concerned must start production by November 30. For these companies, the Tamil Nadu Industrial Investment Corporation Limited will immediately provide loans at 6% interest wit

Coimbatore industrial associations take lead to inoculate workers

Coimbatore industrial associations take lead to inoculate workers ​ By IANS | ​ 4 Views   2000 people get vaccinated in Chennai Nehru Stadium on Saturday 20th March, 2021. (Photo: R Parthibhan/IANS). Image Source: IANS News Chennai, April 16 : Industrial associations in Tamil Nadu s Coimbatore have taken the lead to vaccinate their employees, with the Small Industries Development Corporation (SIDCO), which has 5,000 workers in 240 industrial units, seeking to vaccinate those above 45 years of age. Coimbatore SIDCO Industrial Estate Manufacturers Welfare Association (COSIEMA) organised a three day camp, organised jointly with the Coimbatore City Municipal Corporation (CCMC) and the District Industries Centre (DIC), to inoculate workers in SIDCO Industrial estate.

Welcome To IANS Live - NATION - Coimbatore industrial associations take lead to inoculate workers

Photo Credit: IANS IANSLive Chennai, April 16 (IANS) Industrial associations in Tamil Nadu s Coimbatore have taken the lead to vaccinate their employees, with the Small Industries Development Corporation (SIDCO), which has 5,000 workers in 240 industrial units, seeking to vaccinate those above 45 years of age. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 16-April-2021

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