In a relief to the people put to hardships due to coronavirus crisis, Tamil Nadu Chief Minister K. Palaniswami on Tuesday extended the time for making due payments for various loans and other payments by three months.
In his statement, Tamilnadu Chief Minister said property tax, water charges, farm loan installments for co-operatives, home loan installments for co-operatives, Tamil Nadu Housing Board, fisheries loan installment and linen cooperatives have been deferred.
The government has announced the repayment of loans to Tamil Nadu Industrial Investment Corporation (TIIC), soft loans received from Tamil Nadu Limited State Industrial Development Corporation (SIPCOT) and maintenance costs for units operating on SIPCOT industrial estates.
The Chief Minister also said a Rs 200 crore special fund would be set up to finance the emergencies of micro, small and medium sized units.
