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FM told to allocate more funds for micro units | Coimbatore News


Union finance minister Nirmala Sitharaman
“The Union government recently announced a separate scheme for micro units, under which, loans up to Rs 1.25 lakh each could be given to both existing and fresh borrowers. But the government allotted only Rs 2,500 crore, which will not be sufficient even to cover the targeted 25 lakh micro units,” Focia coordinator J James said. “The target would benefit only 4.2% of the micro units in the country. We have requested the minister to increase fund allocation for the scheme.”
A statement from the federation said that the members also requested the minister to take steps to waive penalties levied on bounced EMIs in the last two months during the lockdown. “The recent statement by banks reveals that about 60% of new non-performing assets added during April and May 2021 are from MSMEs and the increase is almost twice the normal occurrence,” the statement added. ....

Nirmala Sitharaman , Coimbatore Industrial Association , கோயம்புத்தூர் தொழில்துறை சங்கம் ,

Tamil Nadu: Guest workers are in no man's land all over again | Chennai News


After Tamil Nadu announced lockdown workers from other states began flocking to the Chennai Central railway station.
Thirty-five-year-old Zahir Hussein wears a nervous look as he waits at the Coimbatore railway junction on Saturday morning.
The news of Tamil Nadu going into complete lockdown for a fortnight from Monday brought back the trauma of last year when he was left without an income almost overnight and had no way of going back home.
My family is in Jharkhand and no matter how bad the situation is I want to be with them. It’s much better than suffering here alone and always worrying about your family, said the daily wager who works as a load man in Coimbatore. After returning home on a special train, he came back to the city for work in November hoping that the worst was over. ....

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With lockdown in force, TN stares at migrant exodus again


With lockdown in force, TN stares at migrant exodus again
​ By
IANS
|
Published on
​ Mon, May 10 2021 10:51 IST
|
​ 7 Views
 
Chennai: Immigrant workers returning back home face difficulty in getting appropriate transportation in the absence of inter-city buses, during complete lockdown in the country in a bid to curtail the spread of coronavirus, in Chennai on March 23, 20. Image Source: IANS News
Chennai, May 10 : With Tamil Nadu under lockdown from May 10 to May 24, the state is staring at an exodus of migrant workers once again. Scores of migrant workers from Bihar, Jharkhand, Chattisgarh, West Bengal and Odisha have already left from the industrial towns of Coimbatore and Tirupur with a small percentage deciding to stay back. ....

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Industrialists tell govt to conduct free testing camps | Coimbatore News

Industrialists tell govt to conduct free testing camps | Coimbatore News
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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New norms give industries hopes of better tomorrow | Coimbatore News

New norms give industries hopes of better tomorrow | Coimbatore News
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Dhilip Kumar , Coimbatore Junction , Coimbatore Industrial Association , கோயம்புத்தூர் சந்தி , கோயம்புத்தூர் தொழில்துறை சங்கம் ,