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Ukraine crisis, Europe slowdown: TN textile industry seeks export incentives in Union budget

The textile industry of Tamil Nadu has sought export incentives and additional credit support in the budget for 2023-24 of the Union government to be presented in Parliament on February 1.The Tiruppur textile industry which is the pioneer for . ....

Tamil Nadu , Kancheepuram Sari , Tiruppur Exporter Association , Parliament On , South India , Emergency Credit Line Guarantee Scheme , Tiruppur Exporter , Summer Good , Central Taxes , Viscose Staple Yarn , Kancheepuram Silk Sari ,

Welcome To IANS Live - BUSINESS - Ukraine crisis, Europe slowdown: TN textile industry seeks export incentives in Union budget

The Tiruppur textile industry which is the pioneer for exporting of textiles from Tamil Nadu and for that matter from South India has sought for credit support to the micro, medium and small scale units (MSME). The industry has sought credit support under the Emergency Credit Line Guarantee Scheme (ECLGS).The ....

Tamil Nadu , Kancheepuram Sari , Parliament On , Tiruppur Exporter Association , South India , Emergency Credit Line Guarantee Scheme , Tiruppur Exporter , Summer Good , Central Taxes , Viscose Staple Yarn , Kancheepuram Silk Sari ,

Lockdown hits activities at MSMEs


Lockdown hits activities at MSMEs
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Total lockdown has led to work from home option catching on in IT, ITES and even a number of corporate companies. However, for the Micro, Small and Medium-scale Enterprises (MSMEs) in the manufacturing sector, all activities have come to a standstill.
According to K.V. Karthik, president of Southern India Engineering Manufacturers’ Association, there is less than 5 % administration work at MSMEs in the manufacturing sector. If there is no revenue generating activity, there is no income. Hence, there is nothing much that can be done by the staff from home. Work from home option cannot apply to manufacturing units, he said. ....

Tamil Nadu , Rajam Shanmugham , Tiruppur Exporter Association , Enterprises Msmes , Covid Care Centre , Coimbatore District Small Industries Association , Southern India Engineering Manufacturer Association , Medium Scale Enterprises , Tiruppur Exporter , தமிழ் நாடு , திருப்பூர் ஏற்றுமதியாளர் சங்கம் , கோயம்புத்தூர் மாவட்டம் சிறிய தொழில்கள் சங்கம் , தெற்கு இந்தியா பொறியியல் உற்பத்தியாளர் சங்கம் , நடுத்தர அளவு நிறுவனங்கள் , திருப்பூர் ஏற்றுமதியாளர் ,