Tamil Nadu Chief Minister M Ok Stalin on Saturday introduced a Rs 1,000 crore reduction package deal together with housing services and loans for MSMEs and Self-Assist Teams for the rain-ravaged districts within the state.
Following up on his evaluation of the injury precipitated because of rain in Thoothukudi and Tirunelveli districts on December 21, the chief minister chaired a gathering with senior officers in Chennai on Saturday and mentioned the assistance required by varied sections affected by the unprecedented floods.
He directed the officers to restore partially broken homes and rebuild utterly broken ones in Tirunelveli and Thoothukudi districts.
“The chief minister has ordered to provide Rs 4 lakh for fully damaged houses and upto Rs 2 lakh for partially damaged houses. The Rural Development Department will implement the scheme in Tiruvallur, Kancheepuram and Chengalpattu districts,” an official launch right here stated.
Accordingly, 4,577 new homes will likely be constructed and 9,975 residences will likely be repaired at a complete price of Rs 385 crore. All the expenditure will likely be borne by the state authorities. Tips for this scheme will likely be issued quickly.
Throughout his evaluation of Thoothukudi and Tirunelveli districts battered by torrential rains on December 17 and 18, Stalin consoled the affected individuals and warranted them to offer acceptable help.
He introduced that Rs 250 crore can be supplied as reduction to farmers of eight districts who suffered losses for crop injury to 2.64 lakh hectares. These farmers will likely be accorded precedence in extending crop loans and monetary help for buying agricultural tools by cooperative societies.
The silt deposited on the agricultural lands because of extreme floods in Thoothukudi and Tirunelveli districts will likely be eliminated by the agriculture engineering wing freed from price and the land will likely be rendered cultivable.
Small merchants and distributors in Chennai, Thoothukudi and Tirunelveli districts who suffered losses because of heavy rain can be supplied particular loans of Rs 10,000 at 4 per cent rate of interest and upto Rs one lakh at 6 per cent rate of interest. Tips for this will likely be issued quickly.
MSMEs affected by floods in Chennai, Tiruvallur, Kancheepuram, Chengalpattu, Tirunelveli, and Thoothukudi districts will likely be supplied monetary assist to satisfy expenditures resembling working capital to revive industrial models.
“A Flood Relief Loan Scheme for Micro, Small and Medium Enterprises will be launched by the Tamil Nadu Industrial Investment Corporation (TIIC) to provide financial support of Rs 100 crore to MSMEs at a special concessional interest rate of 6 per cent for a year,” the discharge stated.
The mortgage may very well be repaid in 18 months with a grace interval of three months. A complete of three,300 MSMEs will profit from this gesture.
About Rs 350 crore loans for ladies SHGs in Chennai, Tirunelveli, Thoothukudi and Kanyakumari districts, aside the package deal additionally features a compensation of Rs 15 crore in the direction of the injury precipitated to 4,928 fishing vessels and equipment in Tirunelveli and Thoothukudi districts, compensation for lack of cattle, poultry, livestock, livelihood help to salt pan staff, issuing new certificates and textbooks in addition to paperwork, household ration playing cards, and so forth. for these misplaced in floods.
