Coimbatore: Sanction orders issued for grants to entrepreneurs
In Coimbatore, MSME minister Madan Raja handed over sanction orders to entrepreneurs, announcing Rs.63.18 lakh in subsidies for various small businesses and mentioning about Rs.23 crore for land/worker-accommodation projects.
At an event held yesterday at the Coimbatore District Industrial Centre, Minister for Micro, Small and Medium Enterprises Madan Raja distributed sanction orders for grants to entrepreneurs. The minister said the Tamil Nadu government aims to transform youth from job-seekers into job-providers through various support schemes.
Seventeen entrepreneurs received sanction orders for assistance. The schemes covered sectors such as jewellery making, garment retail, tailoring, food services and auto-component manufacturing. Grants totalling Rs. 63,18,000 were announced for various businesses, and land/structural projects including worker accommodation were mentioned at a cost of about Rs. 23 crore.
Officials from the industrial centre and others who attended said strengthening the state's industrial ecosystem requires coordinated effort. Participants included district industrial officials and representatives such as S. Chanmuga Siva and Sukandhi.
Courtesy: Hindu Tamil Thisai