Industrialists welcome Stalin's letter to 12 state chief ministers to urge central government to extend bank loan monthly installments to protect MSME businesses
Coimbatore: The impact of the coronavirus has pushed people from all walks of life into financial crisis. MSMEs, which have provided employment to more people in Tamil Nadu, have also been severely affected.
Tamil Nadu Chief Minister Stalin has sent a letter to 12 state chief ministers as the central government has offered to provide free vaccines to all states today, as many states have repeatedly urged the central government to provide the vaccine free of charge to all states.
He hence added that all industries are suffering from the financial crisis. Therefore, it is necessary to defer the monthly payment of the bank loan by the industry for a few months. The Moratorium must be notified immediately. In the letter, he urged the central government to work together to help the MSME industry recover from the financial crisis. This move by Chief Minister Stalin was well received by the industry.
Karthik, president of the South Indian Association of Engineering Manufacturers (SIEMA), said, "The Government of Tamil Nadu is acting as a government that is aware of the problems facing the industry. Our thanks to Chief Minister Stalin.
Coimbatore District Small Industries Association (CODISSIA) President Ramesh Babu said, "The action of the Chief Minister of Tamil Nadu is very commendable. On behalf of our association, we have already written a letter to the Union Finance Minister and the Chief Minister of Tamil Nadu regarding this request. We also need to stop charging interest for the loans. "
Tamil Nadu Chief Minister Stalin has sent a letter to 12 state chief ministers as the central government has offered to provide free vaccines to all states today, as many states have repeatedly urged the central government to provide the vaccine free of charge to all states.
He hence added that all industries are suffering from the financial crisis. Therefore, it is necessary to defer the monthly payment of the bank loan by the industry for a few months. The Moratorium must be notified immediately. In the letter, he urged the central government to work together to help the MSME industry recover from the financial crisis. This move by Chief Minister Stalin was well received by the industry.
Karthik, president of the South Indian Association of Engineering Manufacturers (SIEMA), said, "The Government of Tamil Nadu is acting as a government that is aware of the problems facing the industry. Our thanks to Chief Minister Stalin.
Coimbatore District Small Industries Association (CODISSIA) President Ramesh Babu said, "The action of the Chief Minister of Tamil Nadu is very commendable. On behalf of our association, we have already written a letter to the Union Finance Minister and the Chief Minister of Tamil Nadu regarding this request. We also need to stop charging interest for the loans. "