You are here: Home » PTI Stories » National » News
Business Standard

Subsidy for women to buy two-wheelers to be hiked: TN Guv

Press Trust of India  |  Chennai 

has decided to enhance the subsidy ceiling for women beneficiaries to buy two-wheelers, said today. In his customary address to the assembly, Purohit said it has been decided to hike the subsidy ceiling to Rs 25,000 from Rs 20,000 which was announced earlier. Following his mentor late J Jayalalithaa, K had announced a 50-cent subsidy to women beneficiaries to buy two-wheelers on February 20 last year when he took over the reins of the State. Free housing for fishermen and increase in dole for the unemployed youth were among Palaniswami's other initiatives on the day he took over. During the run up to the 2016 Assembly election, promised to provide working women 50 per cent subsidy to buy scooters/mopeds. Purohit lauded the state for providing an effective social security net covering vulnerable sections including women, children and the differently-abled. He said the will also continue to implement other welfare schemes. Such schemes include nutritious variety meal to all school-going children, financial assistance for marriages of women beneficiaries and the cradle baby scheme in aid of abandoned children. A Bill to replace the "Business Facilitation Ordinance 2017" will be introduced in the current session of the House, Purohit said. "The state is committed to improving the ease of doing business in and as a first step towards honouring this commitment, a Bill (to replace the TNBF Ordinance) will be introduced," he said. The ordinance was promulgated on 28 October 2017. An was unveiled by on 2 November last year which enables investors to obtain all requisite clearances and renewals from 11 departments, he said. "The Business Facilitation Act, when enacted will further strengthen the Single Window Clearance System by stipulating timeline for approval and providing deemed approval for certain clearances." Recalling the first Global Investors Meet held by late in 2015, the said 61 projects that will generate "96,341 jobs with a total investment of Rs 62,738 crore are presently under implementation." was actively pursuing the remaining project proposals by providing to the investors through the Industrial Guidance and Export Promotion Bureau.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 21:46 IST
RECOMMENDED FOR YOU