Follow us:WhatsappFacebookTwitterTelegram.cls-1{fill:#4d4d4d;}.cls-2{fill:#fff;}Google NewsTamil Nadu Chief Minister J Jayalalithaa on Saturday ordered purchase of 54,000 modern sewing machines for members of women’s sewing co-operative societies in the State. She also gave instructions to provide necessary training to the beneficiaries to operate the machines.The sewing machines will cost Rs 54 crore and the government will pay 10 per cent of the amount (Rs 5.4 crore) as grant. Rest of the funds will be availed as loans from the District Central Cooperative Banks and disbursed to the beneficiaries through the women’s sewing co-operative societies. Only a nominal rate of interest would be levied for this loan from the women members of the cooperatives. They beneficiaries have to repay the loans within five years as monthly and yearly instalments. After paying the full amount, the sewing machines would become their property. Further, the CM also directed that the sewing charge for the members of these cooperatives would be hiked by five per cent per year.first published:January 01, 1970, 05:30 ISTlast updated:January 01, 1970, 05:30 IST
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Tamil Nadu Chief Minister J Jayalalithaa on Saturday ordered purchase of 54,000 modern sewing machines for members of women’s sewing co-operative societies in the State. She also gave instructions to provide necessary training to the beneficiaries to operate the machines.
The sewing machines will cost Rs 54 crore and the government will pay 10 per cent of the amount (Rs 5.4 crore) as grant. Rest of the funds will be availed as loans from the District Central Cooperative Banks and disbursed to the beneficiaries through the women’s sewing co-operative societies. Only a nominal rate of interest would be levied for this loan from the women members of the cooperatives. They beneficiaries have to repay the loans within five years as monthly and yearly instalments. After paying the full amount, the sewing machines would become their property. Further, the CM also directed that the sewing charge for the members of these cooperatives would be hiked by five per cent per year.
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