Take a fresh look at your lifestyle.

Tamil Nadu: CM MK Stalin appeals to CMs on issue of providing moratorium on repayment of loans to MSMEs by Centre

Tamil Nadu Chief Minister M.K.Stalin has appealed to the Chief Ministers of various states on the issue of providing a moratorium on repayment of loans to MSMEs by the Union Government.

In a letter addressed to the Chief Ministers of Andhra Pradesh, Bihar, Chattisgarh, Delhi, Jharkhand, Kerala, Maharashtra, Odisha, Punjab, Rajasthan, Telangana, West Bengal, he underlined the need for a uniform support to MSMEs.

He appealed to the Chief Ministers to write to the Union Finance Minister and also to the Governor of the Reserve Bank of India to offer moratorium on repayment of loans for atleast the first two quarters of 2021-22 to all small borrowers with outstanding loan upto Rs. 5 crore in view of the lockdowns induced by the second wave of COVID-19.

Stalin reiterated that the absence of such relief measures would force many businesses which are the mainstay of the Country’s economy and employment generation to close and would lead to widespread economic distress.

Leave A Reply

Your email address will not be published.

If you're looking for a fun and exciting new casino destination, look no further than Pin Up Casino India! Our online casino https://pinupcasino-india.in offers players a wide range of games to choose from, as well as some great bonus offers. We know that Indian players are looking for the best online gaming experience, and we are committed to providing just that! So come join us at Pin Up Casino India today and see what all the fuss is about!