Trending Now
- “Although we announced the procurement of 3,500 MW, we will procure only 1,000 MW to meet peak-hour demand.” – Minister CTR Nirmal Kumar
- “You are underestimating the strength of the AIADMK. No matter how powerful anyone may be, nobody can shake or defeat the AIADMK.” – AIADMK General Secretary EPS
- “Instead of blaming SIR for election defeats, Congress should introspect.” – Union Home Minister Amit Shah
- “RSS marches are permitted in Jammu and Kashmir despite the threat of terrorism. Why is permission denied in TN, which is described as a haven of peace?” – The High Court questions the police
- “Why is CM Vijay maintaining a calculated silence only on the Cauvery issue?” – TTV Dhinakaran
Coimbatore
PM’s MSME initiative to help exports bounce back: TEA
November 3, 2018
Coimbatore : Tirupur Exporters Association today thanked Prime Minister Narendra Modi for launching historic support and outreach initiative for MSME sector.
It had come at a time when knitwear exporting units, particularly MSMEs, were struggling to be competitive and sustain in the global market.
As a result of this announcement, not only MSME spirit and confidence level, including competitiveness, would get escalated. But they could also concentrate and take efforts fully to increase their business, TEA president Raja M Shanmugha said in a statement..
He also thanked Modi for increasing of interest subvention from 3 to 5 per cent.
TEA also welcomed the stoppage of visit by inspectors to put an end to inspector raj system as MSMEs could do business hassle-free, he said. Shanmugham expressed confidence that these positive measures would help Tirupur exports to bounce back and witness a positive growth.
