Business Daily from THE HINDU group of publications
Friday, Jan 25, 2008
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Foods & Food Processing
States - Tamil Nadu
NSIC signs MoU with TN body

Our Correspondent

Madurai, Jan 24 The National Small Industries Corporation, New Delhi has signed a memorandum of understanding with the Tamilnadu Foodgrains Marketing Yard (TFMY), the special purpose vehicle for the establishment of a milling cluster, coming up at a cost of Rs 40 crore on a 30 acre- site near Koodal Nagar Railway Station here, for the upgradation of the activities of micro and small enterprises engaged in grain processing sector in the region.

According to the agreement, NSIC will enable the members to market their products directly and also through common branding, help in getting special discount from the rating agencies, help for term-loan banks and take-over of liabilities through NSIC tie-up banks, help through loans for procurement from Governments and public sector agencies, help in import of raw materials and machineries, help strengthen the infrastructural facilities by providing technology upgradation.

More Stories on : Foods & Food Processing | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
MCX computer literacy drive in Maharashtra


Inclusion of evolved basmati strains for GI protection sought
Crop-friendly weather seen for north-west
‘Agflation’ — reversal of a global trend
Commodity spreads: Less risky, less speculative
Steady trend in spot rubber
US to support Nilgiri speciality teas
NSIC signs MoU with TN body
Short covering props up raw cotton
TN chamber urges ban on edible oil exports, online trading
Cabinet clears changes to Forward Contracts Act
FMC ordinance may build investor confidence


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

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