'In 2022-23, the target is to provide loan assistance to the tune of Rs. 20 crore through TAHDCO:' Coimbatore District Collector

In the financial year 2022-23, a target of Rs. 20.85 crore loans with a subsidy of Rs. 6.26 crore has been fixed for 984 persons under the Land Acquisition and Land Development Scheme through TAHDCO.


Coimbatore: The District Collector has set a target of providing loan assistance to the tune of Rs. 20 crore through TAHDCO for the financial year 2022-23.

Coimbatore District Collector, G S Sameeran announced in a statement that in the financial year 2022-23, a target of Rs. 20.85 crore with a subsidy of Rs. 6.26 crore has been fixed for 984 individuals under the Land Acquisition and Land Development Scheme through TAHDCO.

The Collector said, "In the last financial year, Rs. 2.23 crores loans with a subsidy of Rs 66.96 lakh were sanctioned to 38 persons belonging to Scheduled Castes and Scheduled Tribes under the Entrepreneurship Development Scheme through TAHDCO in Coimbatore district. Rs. 1.87 crore loan assistance with a subsidy of Rs. 56.36 lakh to 34 persons belonging to Scheduled Castes and Scheduled Tribes under the Self-employment Scheme for Youth was also sanctioned.

Financial assistance of Rs. 2.50 crore with a grant of Rs.75 lakhs was also sanctioned to 360 Magalir Suya Uthavi kuzhu belonging to Scheduled Castes and Scheduled Tribes under the Economic Credit Assistance Scheme for Magalir Suya Uthavi kuzhu. A total of 432 persons have been given loans."

The District Collector also said, "In addition, 18 persons belonging to Scheduled Castes and Scheduled Tribes will be provided loan assistance of Rs. 1.65 crore with a subsidy of Rs. 49.50 lakh under the Land Allotment and Development Scheme through TAHDCO during the financial year 2022-23. 156 persons belonging to Scheduled Castes and Scheduled Tribes will be given loan assistance of Rs. 5.20 crore with a subsidy of Rs. 2.16 crore under the Entrepreneurship Development Programme.

Rs. 7.20 crore loan assistance has also been given to 114 persons belonging to Scheduled Castes and Scheduled Tribes under the Self-employment Scheme for Youth. 4.80 crore assistance has also been sanctioned to 696 Magalir Suya Uthavi kuzhu belonging to Scheduled Castes and Scheduled Tribes under the Economic Credit Assistance Scheme for Magalir Suya Uthavi kuzhu.

A total of 984 persons have been given loans of Rs. 20.85 crore with a subsidy of Rs 6.26 crore.

Election Commission Transfers Tamil Nadu Chief Secretary, Vigilance DGP Ahead of Assembly Polls

The Election Commission of India transferred Tamil Nadu Chief Secretary N Muruganandam and Vigilance DGP Davidson Devasi...

Weekly Special Train Service Between Coimbatore and Jaipur for Summer Vacation

Salem Railway Division has announced a weekly special train service between Coimbatore and Jaipur from April 9 to June 7...

Southern Railway Announces Special Trains via Coimbatore for Summer Travel

Southern Railway has announced weekly special trains connecting Ernakulam to Muzaffarpur via Coimbatore, Tiruppur, Erode...

Gandhi Jayanthi, Milad-un-Nabi TASMAC liquor shops to be closed - Coimbatore Collector

Coimbatore collector has announced that TASMAC shops will remain closed for two days on Milad-un-Nabi on September 28 an...

Supply of drinking water halted in Udumalpet for 2 days

According to the Udumalpet Municipality, water supply is being suspended for two days on September 21 and 22 owing to ma...

Deepavali 2023: Coimbatore district administration imposes conditions for setting up of firecracker shops

Applications are invited only online on the basis of the requirement of obtaining temporary fireworks licence from the D...