Home / Knowledge / News / Apparel/Garments / TEA welcomes Tamil Nadu budget 2012-13
TEA welcomes Tamil Nadu budget 2012-13
26
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

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Larry L Kinn
Suominen Corporation

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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