TIDITSSIA calls for simplification of credit rules for MSMEs

ENA State 2022-09-20 10:05:07 Tiruchi, Sept 20 (KNN) The Tiruchi District Tiny and Small Scale Industries Association (TIDITSSIA) has urged the state government to simplify rules for the sanction of credit for rejuvenation of sick MSMEs and new entrepreneurs. Credit sanctioned for entrepreneurs under government schemes such as PMEGP, UYEGP and NEEDS should be disbursed expeditiously, it said. <a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a> TIDITSSIA, in its annual general body meeting held on Sunday also urged the state government to fully exempt tiny and small industries from the power tariff revision so as to prevent their shutdown and loss of jobs. The association in a statement further said that vacant plots in SIDCO industrial estates should be enumerated and given at concessional rates to promote new units. Hostels with necessary amenities should be established close to all industrial estates for the benefit of labourers. Entrepreneurship development programmes run by organisations such as Entrepreneurship Development Institute should be conducted only through the district industries associations, said P.Rajappa, president, and S.Gopalakrishnan, secretary, TIDITSSIA, in a joint statement elaborating on the resolutions adopted at the meeting. While welcoming the governments sanction of a new integrated bus stand for Tiruchi, TIDITSSIA called for the improving rail connectivity to major commercial centres across the country from Tiruchi. It also asked the government to establish an export guidance centre and a training centre on manufacture of value added agro based products in Tiruchi, besides a quality control lab. (KNN Bureau) 30596 https://knnindia.co.in/news/newsdetails/state/tiditssia-calls-for-simplification-of-credit-rules-for-msmes 2022-09-20 10:05:07 knnindia.co.in TIDITSSIA calls for simplification of credit rules for MSMEs