Priority to loan disbursal can help Tamil Nadu achieve targets: CM

Stalin chaired a special state level bankers’ meeting, at the Secretariat, in which bankers from all major nationalised and commercial banks participated. In the meeting, Stalin asked the bankers to lend pending loans to various sectors to help the state attain its targets. 

“State has fixed Rs 20,000 crore as target for disbursing loan for women self-help groups (SHGs), but till September, only Rs 4,951 crore has been disbursed. To meet the target banks should disburse loans to SHGs which play a crucial role in social reformation and upliftment of women,” the Chief Minister said, in the meeting. 

He also said that the PM SVANidhi scheme was launched to provide micro-credit for street vendors whose livelihood was affected by COVID-19. Bankers should provide loans to all the applicants, who have applied for loans under the scheme. 

CM inaugurates buildings 

Earlier in the day, Stalin, through video conferencing, inaugurated various buildings of the Social Welfare Department and Treasuries Department. Five integrated service centres, a hostel for working women in Thanjavur, a multi-purpose hall in government home for children in Thanjavur and buildings in Chennai, constructed at the total cost of Rs 11.36 crore were inaugurated. 

Meanwhile, Stalin asked members of the Economic Advisory Council (EAC) to suggest steps to reduce debt of the state. During a virtual meeting with the EAC members, he asked experts to suggest ways to boost the state economy. 

The state also issued a GO to increase the age limit of the parents of girl children who undergo family planning from 35 to 40 under CM’s Girl Children Protection Scheme.