Friday, Mar 14 2025 | Time 18:49 Hrs(IST)
States » South


Karnataka Guv approves ordinance to regulate MFIs

Bengaluru, Feb 13 (UNI) Governor Thaawarchand Gehlot on Thursday approved the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, aimed at curbing coercive practices by Microfinance Institutions (MFIs).
The ordinance, promulgated by the Congress-led state government, seeks to address concerns over alleged harassment by unregulated MFIs, which have been linked to cases of financial distress, suicides, and displacement of borrowers.
The Governor had initially raised objections, terming the prescribed punishment of 10 years’ imprisonment and a fine of Rs 5 lakh as "excessive" and suggesting that existing legal provisions could have been utilised to address the issue.
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Stalin consistently urging Centre to take decisive steps to prevent fishermen arrests

14 Mar 2025 | 6:46 PM

Chennai, Mar 14 (UNI) Tamil Nadu Chief Minister M K Stalin has been consistently
urging the Centre to take decisive steps against the frequent arrests of TN fishermen
by the Sri Lankan Navy and ensure their release, Finance Minister Thangam Thennarsu
told the State Assembly on Friday.

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TN govt to introduce Tourism Promotion and Facilitation Act : Minister

TN govt to introduce Tourism Promotion and Facilitation Act : Minister

14 Mar 2025 | 6:38 PM

Chennai, Mar 14 (UNI) To attract more investments, promote economic growth and
support hospitality Industries, the Tamil Nadu Tourism Promotion and Facilitation Act'
will be introduced, Finance Minister Thangam Thennarsu told the State Assembly on
Friday.

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TN govt to launch new ‘Integrated Renewable Energy Policy’

TN govt to launch new ‘Integrated Renewable Energy Policy’

14 Mar 2025 | 6:36 PM

Chennai, mar 14 (UNI) With a view to achieve the ambitious target
of generating additional 100 billion units of renewable green energy
by 2030, the Tamil Nadu government will come out with a new
‘Integrated Renewable Energy Policy’ to consolidate and streamline
the different existing policies for promotion of Renewable Energy in
the state, Finance Minister Thangam Thennarsu told the State
Assembly on Friday.

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DPRs on Coimbatore, Madurai Metro Rail projects submitted to Centre : Minister

DPRs on Coimbatore, Madurai Metro Rail projects submitted to Centre : Minister

14 Mar 2025 | 6:33 PM

Chennai, Mar 14 (UNI) Detailed Project Reports (DPRs) on Coimbatore and
Madurai Metro Rail Projects have been submitted to the Centre for equity
contribution, Finance Minister Thangam Thennarsu told the State Assembly
on Friday.

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TN Govt to notify Dhanushkodi as Greater Flamingo Sanctuary

TN Govt to notify Dhanushkodi as Greater Flamingo Sanctuary

14 Mar 2025 | 6:31 PM

Chennai, Mar 14 (UNI) The Tamil Nadu government will initiate steps
to notify Dhanushkodi, serving as a key stopover for migratory birds,
as a Greater Flamingo Sanctuary ensuring the protection of migratory
wetland birds and their natural ecosystem, Finance Minister Thangam
Thennarsu told the State Assembly on Friday.

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