SME Times is powered by   
Search News
Just in:   • WEF 2026: Accessibility, affordability, and personalisation key to boost women’s health, say experts  • Assam - the only state in the country to directly engage in oil production, claims CM Sarma  • Avenues for investments in Assam opened up, says CM Himanta Biswa Sarma  • FDI flows to India surged by 73 pc in 2025: UNCTAD  • S. Korean economy grows 1 pc in 2025; Q4 GDP contracts 0.3 pc 
Last updated: 26 Mar, 2020  

Tamil.Nadu.9.Thmb.jpg TN government warns private banks against recovering dues

Tamil.Nadu.9.jpg
   Top Stories
» Gold, silver prices ease after Trump backs off from tariff threats on Europe
» WEF 2026: Experts See AI as a Tool to Augment, Not Replace
» Gold prices jump over 4 pc to hit record high
» India’s textile sector is a powerful job-creating engine of growth: PM Modi
» India, EU likely to clinch FTA deal by Jan 27
SME Times News Bureau | 26 Mar, 2020
The Tamil Nadu government on Thursday warned of stringent action against private banks, self-help groups, and finance companies if they go on to collect interest on loans from small borrowers.

The government also permitted small caterers serving the elderly to continue supply of cooked food, provided their vehicles sport the sticker 'Essential Service' and the drivers have identity cards.

In a statement issued here, the government said nobody is going to work owing to the lockdown and hence private banks, self-help groups and finance companies should not collect their loan dues till further orders.

The government also announced various other measures to ease the life of the people belonging to different sectors during the 21-day nationwide lockdown period.

The other measures taken decided by the government after a meeting of District Collectors held by Chief Minister K.Palaniswami through video conferencing:

Setting up of nine groups comprising of IAS officers to smoothen the hindrances due to the lockdown;

Setting up of vegetables and fruits markets in big grounds where three feet social distancing could be maintained;

Spraying of disinfectants using fire service vehicles in crowded localities;

Supply of two months medicines to pregnant woman, perons with chronic ailments like blood pressure, AIDS, tuberculosis and diabetes;

Commissioner of Greater Chennai Corporation to allow production and movement of essential items;

Issue of identity cards by Distict Collector Personal Assistant and concerned police stations;

Permitting organisations to supply essential items, medicines to grocery and cooperative stores and residences;

Village Administrative Officers to permits to farmers to move their products;

Permitting movement of agricultural harvesting machines, farm labourers and farm products to markets and factories;

Permitting movement of livestocks, cattle feed, fish and eggs;

In case of emergencies elderly persons, dialysis patients and quarantined families can call 108 number

District Collectors to monitor 54,000 persons who had come from overseas and home quarantined and also ensure supply of essential items to the families home quarantined.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.2
₹89.5
UK Pound
₹123.35
₹119.35
Euro
₹107
₹103.35
Japanese Yen ₹57.9 ₹56.1
As on 22 Jan, 2026
  Daily Poll
Will the India-EU "Mother of All Deals" help your MSME?
 Yes - Alternative To US
 No - EU Compliance is hard
 Maybe - if the fine print is small biz ready
 Not Sure - Need to See Final Text
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter