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LPG woes: 2 power subsidy for TN eateries

LPG woes: 2 power subsidy for TN eateries

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CHENNAI: Hotels and eateries that switch to electric stoves in Tamil Nadu will get a subsidy of Rs 2 per unit of power additionally consumed, the state govt said Saturday as it rolled out a series of measures to soften the blow of LPG supply disruption. A meeting chaired by CM M K Stalin also decided that under the Unemployed Youth Employment Generation Programme, small- and medium-scale hoteliers wishing to switch to electric stoves can get loans with a 25% subsidy up to Rs 3.7 lakh. Women entrepreneurs will be eligible for loans up to Rs 10 lakh with a 25% subsidy under the women entrepreneurship scheme. In addition, under the Annal Ambedkar Business Champions Scheme, a subsidy of up to 35%, capped at Rs 1 crore, will be extended to eligible industrial units run by SC and ST entrepreneurs. Industries are permitted to temporarily use alternative fuels without seeking fresh pollution control nod during the restriction period. TNN

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