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Tamil Nadu Interim budget disappoints MSMEs; says there's nothing for the sector

Updated: Feb 17, 2016 11:15:31am
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Chennai Feb 17 (KNN) Tamil Nadu Government has announced the interim budget, but the Micro, Small and Medium Enterprises (MSMEs) seems disappointed with this.

Talking to KNN, the President of Tamil Nadu Small and Tiny Industries Association (TANSTIA) MUTHUSAMI C. said that there is nothing for the MSMEs in this interim budget as we were expecting some announcement for flood relief.

The Tamin Nadu MSMEs were badly hit by the flood which was expecting some relief from this interim budget.

State government announced huge allocations for different sectors, for the MSMEs it is just Rs. 348 crore, said the President.

However, He appreciated the increased allocation for the employment generation programme.

He said that it is an interim budget and we are hoping that Government will come up with needful steps in annual budget. (KNN Bureau)

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