Tamil Nadu - Coimbatore   

Disappointing, says small industries

Coimbatore: The failure to provide sops, concessions or relief to the small and tiny industries was highly disappointing, the Tamil Nadu Pumps and Spares Manufacturers Association, has said.

In a statement here, its president R. Kalyanasundaram and secretary C. Soundarraj said that the budget presented by Finance Minister K. Anbazhagan had not provided any relief for these industries, which were already suffering from skyrocketing prices of raw materials such as iron, power disruptions and power holiday.

There had not been any considerable allocation for improvement of infrastructure. Reduction of tax on power generation machineries to 4 per cent and announcement on formation of a new district with Tirupur as headquarters were welcome.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

‘Save girl child, save society’
Just a cow can raise crop on 30 acres
‘Nano technology advancing at an extraordinary pace’
Marriage meet
Steady inflow into reservoirs
Conference
Special sale from Aster Apparels
Centrum plans more branches
TNAU’s research on honey and stingless bees
‘Young Scientist’ award to Reader
Consumer court slaps fine on bank
Budget progressive, growth-oriented: CII
Disappointing, says small industries
National conference
Meeting on CBCS and cluster college concept
Focus on need of farmers, media told
Potholes turn Avarampalayam Road a mess
Steady inflow into Pilloor and Siruvani reservoirs
Tax collection on Saturday, Sunday
In Coimbatore Today

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu