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Tamil Nadu Governor s address hopeful of economic recovery Updated: Updated: February 02, 2021 17:52 IST Mr. Purohit s announcement was in line with the recommendations made by a high-level expert committee led by former Reserve Bank of India Governor C. Rangarajan Share Article Tamil Nadu Governor Banwarilal Purohit.   | Photo Credit: K. Pichumani Mr. Purohit s announcement was in line with the recommendations made by a high-level expert committee led by former Reserve Bank of India Governor C. Rangarajan The Tamil Nadu government will infuse fresh additional capital of ₹1,000 crore over three years into the Tamil Nadu Industrial Investment Corporation (TIIC) to enable its function as an effective term-lending institution and also expand lending operations to cover the large number of MSME units that still do not have access to institutional credit, Governor Banwarilal Purohit announced in the Assembly on Monday.

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