CODISSIA Welcomes Government Assistance

Welcoming the Government’s announcement of assistance to micro and small units to buy diesel generator sets, the Coimbatore District Small Industries’ Association has urged the Government to notify and implement the scheme with immediate effect.

Association president K. Ilango said in a release here on Saturday that the State Government has announced that it would help micro and small units establish captive power plants by providing 25 per cent or Rs. 1.5 lakh subsidy to the units for purchase of up to 125 KVA diesel generator sets.

The Government had also said that it would include purchase of generator sets in the overall investment of the industry for availing of subsidies. Mr. Ilango said the power shortage in the State was acute and had affected over 50,000 micro, small and medium-scale units. This had resulted in a number of units turning sick and suffering from loss of production.

The Government should give loans for purchase of generator sets as the units were not in a position to pay the amount upfront and diesel should be supplied at a subsidised cost for the generator sets, he said.

Related Posts by Categories

General

• Indian navy felicitate shooters !
• Voters strength goes up by 9%
• Nuts 'n' Spices plansto enter cbe !
• உலகத் தமிழ் செம்மொழி மாநாடு - 5 நாள் நிகழ்ச்சி நிரல்
• ‘Manage the present industrial scenario well’
• Consumer body opposes ‘illegal, excess bus fare’
• Trial run on New Irugur - N.cbe Track !!
• Traffic diversions in city today
• New fire tenders for Coimbatore Airport
• Power cabels t go underground !!
• Eclipse Watch !!
• Army recruitment announcement
• SIEMA to develop ‘Made in Coimbatore’ brand
• Copenhagen summit: City students express solidarity
• Awareness campaign for TNSTC drivers
• Botanical garden: soil samples taken
• NASSCOM to help police ..
• YES plus from 5th Jan
• Training for women
• Youth urged to become entrepreneurs
• Six-a-side cricket to be conducted !!
• Wild jackals kill 39 sheeps !
• Biometric survey under houses for urban poor scheme
• Helmet must from 10th dec !!
• Kamal Nath thanked !

Business News

• Coimbatore identified for lean manufacturing programme
• Industrial estates for smaller units sought
• BEML opens its Vendor Dev Office !!
• L & T Opens its casting unit !!
• Kannan Departmental Stores on expansion
• Chamber seeks removal of duty for fibre imports
• Tata launches Photon Plus in Coimbatore
• LMW sees increase in capacity utilisation
• Premier mills fory into luxary bed market
• India tops in BPO list !
• Ramco organises programme to explain its products
• Skill development programme
• L&T bags hospital building order at cbe !
• NEPC sets up a SEZ at Palladam !!
• Top Pricol official injured in an Attack
• Swiss delegation explores business opportunities
• Move to derecognise Coimbatore Stock Exchange stayed by HC
• ‘Made in Coimbatore’ expo in Mangalore
• Dresser establishes EOU in Coimbatore
• UNIDO launching new cluster programme !
• Powerloom strike continues.....
• Pump set price may go up !!
• Japanese delegation explores opportunities in semiconductor sector
• Duty Free Shop Inaugurated At Coimbatore Airport
• U.S Consulate Consul General @ Coimbatore