Home / Knowledge / News / Apparel/Garments / TEA welcomes Tamil Nadu budget 2012-13
TEA welcomes Tamil Nadu budget 2012-13
Mar '12
Thiru. O. Panneerselvam, Hon'ble Minister for Finance, Government of Tamil Nadu, presented the Budget 2012-2013 to the Legislative Assembly.

While reacting to Tamil Nadu Budget 2012-13, Dr. A. Sakthivel President of Tirupur Exporters' Association (TEA) said he welcomed the introduction of legislation to form the Tamil Nadu Infrastructure Development Board with the Hon'ble Chief Minister as the Chairperson to commence implementation of the new projects which will be helpful to address the infrastructure bottlenecks in Tamil Nadu and also help to reduce the cost of the products and also to enhance the competitiveness of export sectors.

Dr. Sakthivel welcomed the unveiling of New Industrial Policy to facilitate the realization of the Vision 2023 with a focus on growth with employment generation.

Dr. A. Sakthivel lauded the announcement of reorganizing of the “Tamil Nadu Skill Development Mission” (TNSDM) as a Special Purpose Vehicle (SPV) with participation from the private sector as well for delivering skill training, certification, combining continuing education with work in co-ordination with industry which is need of the hour to the industries. Dr. Sakthivel also appreciated the establishing of employment exchanges, 37 District level Private Sector Placement Assistance Cells in all 32 Districts, which would help the industries while recruiting new employees.

While thanking for sanctioning of Rs.179.34 crores to revive 18 CETPs in Tirupur, Dr. Sakthivel said that with the supporting measures of the State Government, Tirupur knitwear sector has gained the confidence and expecting that the industry will get revived and once again comes to normal activities.

Dr. Sakthivel hailed the introduction of a new e-governance policy, which will fulfill the requirement of transparency and at the same time help to reduce the time taken to execute the work.

While welcoming the more allocation for upgrading and maintenance of Roads of State Highways Roads, Dr.Sakthivel also appreciated the initiatives taken for improving power position and allocation of Rs.1,500 Crores in the budget as share capital support for new power projects.

He also welcomed the support given to TANGEDCO with share capital for new projects. Dr. Sakthivel hoped that the power situation would improve within another six months. He also welcomed the initiatives being taken to strengthen the transmission infrastructure for evacuation of wind energy as requested by the industries.

Tirupur Exporters' Association (TEA)

Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search