Trending Now
- The makers have announced that ‘Meesaya Murukku 2’, directed by and starring Hip Hop Tamizha Aadhi, has grossed Rs.51.3 crore so far.
- “Do not be deceived by paying in advance on unfamiliar firecracker websites just because they offer low prices and discounts.” – Minister Keerthana
- “He did not speak up about releasing water, nor about stopping the construction of the dam. Is the TN Govt colluding with the Karnataka Govt and supporting actions that betray TN? Is Vijay afraid the Karnataka CM?” – EPS
- “AIADMK could not have won 47 constituencies without PMK. Without PMK, AIADMK could not even have won the Edappadi constituency.” – Minister Aadhav Arjuna
- “With murders taking place one after another, for whom is the CM running this ‘Reels Govt’ where no one is safe?” – Opposition leader Udhayanidhi Stalin
Coimbatore
Knitwear exporters hail FM’s announcement to boost exports
September 14, 2019
Coimbatore : Tiruppur Exporters Association (TEA) Saturday thanked Finance Minister, Nirmala Seetharaman for the announcement of new measures to boost exports and specifically appreciated for considering the continuance of MEIS (Merchandise Export from India Scheme) at 4 per cent till December end.
TEA President Raja M Shanmugham in a release also thanked for for Priority Sector Lending (PSL) norms for export credit under consideration of RBI and releasing an additional Rs.36,000 Crore to Rs. 68,000 Crores as Export Credit under Priority Sector.
He lauded the announcement that the leverage of technology will be used to reduce Time to Export or Turnaround Time which will give cushion to exporting units and will be helpful to meet out the delivery schedule and also reduction of logistics cost.
The measures will give business confidence to the struggling Tiruppur knitwear export sector, he said and expressed hope that the pending amount will be reimbursed expediently.
