TN govt. constitutes panel for reviving MSMEs

The committee would look into the challenges faced by the MSME in the State

In line with the Governor's address in the State Legislative Assembly, the Tamil Nadu government on July 28 constituted a committee for revival of micro, small and medium enterprises (MSMEs) which would be led by retired IAS officer N. Sunderadevan. The committee would look into the challenges faced by the MSME sector in Tamil Nadu and would suggest immediate, medium-term and long-term measures required for the revival of the MSME sector, an official release stated. It would also suggest measures needed to improve loan facility to MSMEs and to boost exports by MSMEs. The panel would look into infrastructure, ease of doing business and manpower-related issues that are affecting the MSMEs. "The committee has also been asked to suggest measures to promote industrial growth in backward regions of the State. The committee will submit its report within three months," it said.