Latest news with #ThangamThennarasu
The Hindu
3 days ago
- Business
- The Hindu
Thangam Thennarasu thanks Centre for instructing RBI to reconsider gold loan guidelines
Tamil Nadu Finance Minister Thangam Thennarasu on Friday (May 30, 2025) thanked the Union Finance Ministry for instructing the Reserve Bank of India (RBI) to ensure its draft regulations on gold loans do not adversely impact small borrowers. In a post on X, Mr. Thennarasu said the draft gold loan guidelines were anti-poor, hurting small borrowers. Referring to Tamil Nadu Chief Minister M.K. Stalin's letter to Union Finance Minister Nirmala Sitharaman, urging her intervention to advise the RBI to reconsider the proposed restriction in the Reserve Bank of India (Lending Against Gold Collateral) Directions, 2025, Mr. Thennarasu said it is a major victory for people, as a result of the relentless efforts of Mr. Stalin.
New Indian Express
24-05-2025
- Business
- New Indian Express
TN floats tender to procure 10 lakh laptops for students
CHENNAI: In its effort to swiftly roll out the distribution of free laptops to eligible college students as promised in its 2025-26 budget, the Tamil Nadu government has floated a tender inviting bids for the procurement of 10 lakh laptops through international competitive bidding. The tender documents showed that the government intends to provide college students with laptops of fairly high specifications, including 8 GB RAM, 256 GB Solid State Drive, Integrated Graphics supporting 128 MB VRAM or higher, display of 14 or 15.6 inch and any processor equivalent to or above Intel i3 or AMD Ryzen3 with minimum of four cores, eight threads and hyperthreading feature, and launched between January 2022 and June 2024. Finance Minister Thangam Thennarasu had said that the government aimed to distribute 20 lakh laptops over a two-year period with an allocation of Rs 2,000 crore for 2025-26. While the government had earlier announced that the college students would be able to choose whether they wanted a laptop or tablet, the tender documents indicate that the government is planning to distribute only laptops at the moment. Electronics Corporation of Tamil Nadu, coming under the Department of Information Technology, which has floated the tender, said any interested bidder should be able to supply a minimum of one lakh laptops along with laptop bags. Sources said multiple vendors could be chosen to supply the 10 lakh laptops in a short period of time. With the 2026 Assembly election less than a year away, the government intends to roll out the distribution at the earliest. Deputy Chief Minister Udhayanidhi Stalin chaired a meeting in this regard on Monday.
Hans India
21-05-2025
- Politics
- Hans India
DMK to unveil 2026 Assembly election work plan at general council meet on June 1
Chennai: The ruling DMK is gearing up for the 2026 Tamil Nadu Assembly elections with a target of winning 200 out of 234 seats. As part of its early groundwork, the party will unveil a comprehensive election work plan during its General Council meeting scheduled to be held in Madurai on June 1. While an official announcement is still awaited, sources confirm that the DMK leadership has already appointed eight senior leaders as regional in-charges to oversee election-related activities across various parts of the state. These leaders have been entrusted with multiple responsibilities, including coordinating preparatory work, assessing grassroots dynamics, and resolving internal disputes among local functionaries. The state has been divided into eight regions, each managed by a high-ranking party leader with considerable influence. A. Raja, former Union Minister and Deputy General Secretary, will handle the Chennai region. The southern districts have been divided between Deputy General Secretary and MP Kanimozhi and Minister Thangam Thennarasu, each taking charge of separate zones. Minister R. Sakkarapani has been assigned to the region covering Madurai, Dindigul, and Theni. Former Minister V. Senthil Balaji is in charge of the Coimbatore region. The delta and central districts fall under the purview of the Principal Secretary and Minister, K.N. Nehru. Ministers E.V. Velu and M.R.K. Panneerselvam will oversee the northern districts. Sources indicate that the exact delineation of regions and their constituent districts will be finalised and announced officially at the General Council meeting in Madurai. In the meantime, the regional in-charges have already begun groundwork in their respective areas. They are conducting consultations with local leaders, including district secretaries, MLAs, and ministers, and are actively addressing issues such as factionalism and disputes among party cadres. The party has formed a five-member high-level committee, including Deputy Chief Minister Udhayanidhi Stalin, to oversee the resolution of more serious or unresolved internal issues. Regional in-charges and district-level functionaries held multiple rounds of meetings with this committee at the DMK headquarters in Chennai on Tuesday, with discussions reportedly focused on districts under the supervision of Thangam Thennarasu and K.N. Nehru. These consultative meetings are expected to continue in the days ahead. According to party insiders, these sessions are serving two critical purposes: first, to resolve intra-party conflicts well before the election process intensifies, and second, to ensure early and efficient implementation of the party's poll strategy. With less than a year to go before the 2026 elections, the DMK is leaving no stone unturned to ensure a smooth and coordinated campaign across the state, aiming for a resounding mandate for Chief Minister M.K. Stalin and a second consecutive term in power.
The Hindu
20-05-2025
- Business
- The Hindu
T.N. and SBI sign MoU for salary packages
The State Bank Of India has signed an Memoranda of Understanding with the Tamil Nadu government for State Government Salary Package (SGSP) and Police Salary Package (PSP) in the presence of Chief Minister Finance Minister Thangam Thennarasu, Chief Secretary Finance Secretary Udhayachandran and Director of Treasuries and Accounts and DMD Parminder Singh, M.V.R Murali Krishna. The State Bank of India provides various other facilities too which includes personal accident insurance cover, group term life insurance cover of Rs.10 lakh, family savings account SBI Rishtey, (based on net salary), concession in processing charges on home loan, car loan and SBI Personal loan among others.
The Hindu
19-05-2025
- Business
- The Hindu
Tamil Nadu's Annual Credit Plan for 2025-26 fixed at ₹9 lakh crore
Tamil Nadu Finance Minister Thangam Thennarasu on Monday released the Annual Credit Plan (ACP) for the State for 2025-26, which has been fixed at ₹9 lakh crore. He released the ACP at the 182nd State Level Bankers' Committee (SLBC) meeting conducted by Indian Overseas Bank, which is the convenor. The Annual Credit Plan of ₹9,00,181 crore has been fixed under priority sector lending, an estimated growth of 21.12% over 2024-25, according to a release. In his speech, Mr. Thennarasu lauded the banks in Tamil Nadu for their proactive approach in priority sector lending, especially in the sectors of agriculture and micro, small and medium enterprises, and in the implementation of government-sponsored schemes. He pointed out that the credit-deposit ratio of 126% in the State is one of the best in the country. He requested all the banks to work more vigorously to reach the ACP 2025-26 target. The meeting discussed financial inclusion and credit growth in the priority sector during the financial year that ended in March 2025. Mohan M., SLBC convenor and Indian Overseas Bank general manager, made a presentation. The priority sector advances increased from ₹6,63,993.27 crore as of March 2024 to ₹7,43,194.33 crore as of March 2025, a growth of 11.93%, the release added.
