The Hindu 09.10.2013
Mayor distributes assistance
Mayor S.M. Velusamy on Tuesday gave away financial assistance worth Rs. 3.01 lakh to 23 persons under the Urban Self Employment Programme component of the Swarnajayanti Swarozgar Yojna scheme, says a release from the Coimbatore Corporation. The Central Government had allotted Rs. 70.60 lakh to the Corporation. Thus far the civic body had allotted Rs. 3.01 lakh.
The loan with 25 per cent subsidy is to help the persons who want to start small businesses.
Likewise, the Mayor also gave away Rs. 7.53 lakh to seven self-help groups under the Urban Welfare Self help Programme. The Corporation has thus far given Rs. 52.96 lakh to 68 groups.
He also gave away Rs. 2.41 lakh to 13 women thrift and credit societies.
