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Coimbatore: The Coimbatore District Small Scale Industries Association (Codissia) has urged chief minister M K Stalin to extend financial support to small and micro units to overcome hurdles posed by the Covid lockdown. Codissia president Ramesh Babu, who participated in a meeting chaired by Stalin in Chennai on Sunday to discuss about Covid prevention, urged the state government to impress upon the Centre for loan moratorium. Codissia would support the state government initiatives like the present round of lockdown for Covid prevention, Babu said. “There are a lot of export-oriented industries in Coimbatore, which are allowed to function even during the lockdown. At the same time, there are several units that need to remain closed. These units face a lot of problems. Financial support through Tamil Nadu Industrial Investment Corporation will be helpful,” he said at the meeting. “If the state urges the Centre for a loan moratorium, it will be helpful for many small industries.

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