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TN Govt encourages khadi & village industries in urban areas
Aug '08
The State Government of Tamil Nadu has taken the initiative to celebrate the 61st Independence Day by encouraging regional entrepreneurs to set up khadi and village industries in urban areas as well.

The Government is already providing a 35 percent subsidy to entrepreneurs from SC, ST, BC and Minority communities and 25 percent to OCs in rural areas while it was offering 25 percent to SC, ST, BC and minorities and 15 per cent to the OCs in urban areas.

While speaking during the flag hoisting ceremony on August 15, Mr Gollapalli Surya Rao, Small-Scale Industries Minister, stated that setting up of khadi and village industries would go a long way in resolving the problem of unemployment in Andhra Pradesh. He also brought to notice that the state industry won seven awards last year and added that under the Employment Generation Scheme, a total of Rs50 million would be granted as loan to the SC and ST entrepreneurs.

Eminent Government officials including Zilla Parishad chairman CSVG Krishna, MLC N Sesha Reddy, MLA Mutta Gopala Krishna, collector Gopalakrishna Dwivedi, superintendent of police Y Nagi Reddy, and joint collector GSRKR Vijay Kumar among others were also present at the occasion.

Moreover, the Government is also implementing a host of welfare schemes and invites people to take advantage of the same. Farmers in the state who lost their crops due to recent rain and flood were also assured to be secured with a remedial measure, one of which includes, provision of Rs2,830 million in this Kharif season as crop loans.

These Governmental initiatives are likely to breathe new life into both the industrial and agricultural sectors of the state, helping sustain the economy and survive stiff competition from counterparts belonging to other countries.

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