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TN ideal destination for investors: Minister

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IN GRATITUDE: Revenue and Public Works Department Minister O. Panneerselvam handing over pension order to a freedom fighter in the presence of Collector D. Raajendiran in the city on Saturday. Photo: K. Ganesan
IN GRATITUDE: Revenue and Public Works Department Minister O. Panneerselvam handing over pension order to a freedom fighter in the presence of Collector D. Raajendiran in the city on Saturday. Photo: K. Ganesan

Staff Reporter

"Government has taken appropriate measures to realise Rs.16,000 crore as sales tax" "Development works initiated has ensured that the State is at the forefront in development indices"

MADURAI: Tamil Nadu is emerging as an ideal destination for entrepreneurs and investors as it boasts of good infrastructure, well-networked roads and highways, the Minister for Public Works Department and Revenue, O. Panneerselvam, has said.

Besides providing an impetus to industrial development, the Government had ensured that roads were improved and appropriate infrastructure was created. This accelerated the pace of industrial development and made the State conducive for investors, he said at a function in which he handed over a pension order to a freedom fighter, P. Ramasamy, of Thummalpatti of Usilampatti taluk in the district here on Saturday.

As per the Government Order, Mr. Ramasamy would receive a monthly pension of Rs.3,000 besides a medical allowance of Rs.15.

Mr. Panneerselvam said the Government implemented various schemes to promote economic development for which it earned appreciation from all quarters.

The development works initiated by the Government ensured that the State was in the forefront in development indices, he claimed. Taking a dig at the previous regime, which, he claimed, had collected only Rs.7,000 crore as sales tax, Mr. Panneerselvam said the Government had taken suitable measures to realise a whopping Rs.16,000 crore as sales tax.

Flood relief

The distribution of flood relief to the affected had drawn accolades from the Central team that visited the State, he claimed. The rapid strides made in the field of information technology apart, the self-help group concept had become a movement to eradicate poverty at grassroots, he said.

A total of Rs.1.37 crore was disbursed to farmers and agricultural labourers under Farmers' Protection Scheme so far. Of the sum, Rs.7.78 lakh was given away to 144 beneficiaries in Madurai district.

Presiding over the function, the Collector, D. Raajendiran, said five self-help groups were provided a subsidised loan and revolving fund amounting to Rs.2 lakh under the Swarnajayanthi Gram Swarozgar Yojana implemented through the District Rural Development Agency.

The Minister gave away welfare assistance amounting to Rs.28.33 lakh to 506 beneficiaries on the occasion. The Project Officer, DRDA. R. Kirlosh Kumar, spoke.

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