Business Daily from THE HINDU group of publications Monday, Sep 08, 2008 ePaper | Mobile/PDA Version | Audio |
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Industry & Economy
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Industry Associations States - Tamil Nadu Industry chamber seeks diesel subsidy Our Correspondent Madurai, Sept. 7 The Tamilnadu Chamber of Commerce and Industry has urged the Chief Minister to implement the assurance given by the Electricity Minister to provide 60 per cent of the extra cost incurred by industries as diesel subsidy for captive power generation. In a statement here, Mr S. Rethinavelu, President of the Chamber, said that industrial units throughout the State have been facing insurmountable problems due to frequent power sheddings daily. Many are on the verge of closure and that would result in greater unemployment. Maditssia’s demandThe Madurai District Tiny And Small Scale Industries Association (Maditssia) has demanded uniform power cut across the State and has strongly objected to the partisan treatment favouring Chennai city. In a telegram sent to the Chief Minister of Tamilnadu, the Minister for Electricity, the Minister for Small Scale Industries and the Chairman of Tamilnadu Electricty Regulatrory Commission, the association pointed out that while the Tamilnadu Electricity Board has announced 5 hours power cut in the district , the power cut to Chennai city is restricted to just one and half hours, violating the basic principle of equal rights. More Stories on : Industry Associations | Petroleum | Tamil Nadu
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