Amidst
the corona virus lockdown, Chief Minister of Tamil Nadu Edappadi K. Palaniswami
extended the deadline for several loans and other payments to be paid
appropriately by a quarter.
Chennai: To provide relief amid the COVID-19 lockdown, Tamil Nadu Chief
Minister Edappadi K. Palaniswami noted in his address that property tax
payments, water charges, agricultural loan installment to cooperatives, housing
loan installment to cooperatives, Tamil Nadu Housing Board, Loan fisheries and
hand loom cooperative society’s installments can be postponed by 3 months.
The
government has also offered to extend the deadline for loan repayment to Tamil Nadu Industrial InvestmentCorporation (TIIC) and from StateIndustries Promotion Corporation of Tamil Nadu Limited (SIPCOT) then
payment of maintenance expenses to units working in SIPCOT industrial
undertakings.
According
to Edappadi K. Palaniswami, a separate fund of INR 200 crore will be activated
to finance the urgent requirements to run micro, small and medium sized units.
The
extension also includes renewal of driving license and period of obtaining
fitness certificate for vehicles till June 30, 2020.
