Loans to the tune of ₹16 crore distributed to 20 new entrepreneurs

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Collector S. Kandasamy distributing indebtedness   assistance   to an entrepreneur astatine  the Collectorate successful  Erode successful  Tamil Nadu.

Collector S. Kandasamy distributing indebtedness assistance to an entrepreneur astatine the Collectorate successful Erode successful Tamil Nadu. | Photo Credit: Special Arrangement

Collector S. Kandasamy distributed indebtedness assistance worthy ₹16 crore to 20 caller entrepreneurs astatine an consciousness and recognition facilitation campy organised nether the Tamil Nadu Women Entrepreneurs Development Scheme (TWEES) and the Kalaignar Handicrafts Scheme astatine the Collectorate present connected Thursday.

Addressing the gathering, the Collector said the strategy was introduced to beforehand entrepreneurship among women and transgender persons. Under the scheme, beneficiaries tin commencement business, service, oregon manufacturing enterprises with a task outgo of up to ₹10 lakh and avail a subsidy of 25%, taxable to a maximum of ₹2 lakh.

As portion of the initiative, implicit 200 women entrepreneurs from crossed the territory participated successful the camp. They were provided guidance connected starting caller enterprises and assisted successful submitting applications done the online portal. Participants showed keen involvement successful textile-related businesses, nutrient accumulation units, manufacturing, service, and trading enterprises.

The Collector said that much than 500 applications had been submitted online successful the past 10 days nether the scheme. He instructed slope managers and officials to guarantee timely recognition enactment to micro, small, and mean enterprises done authorities schemes without delay.

Later, the Collector distributed indebtedness authorisation orders for ventures including coir manufacturing, dairy farming, bakery units, nutrient processing, four-wheeler work centres, dense conveyance services, dairy merchandise manufacturing, tailoring, and coating works.

The lawsuit was attended by District Industries Centre General Manager Thirumurugan, officials from the Reserve Bank of India and NABARD, District Lead Bank Manager Vivekanandan, regional-level slope officials, and different dignitaries.

Published - December 19, 2025 08:05 p.m. IST

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