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PCC chief accuses government of showing favouritism in allocation of shops
PCC chief accuses government of showing favouritism in allocation of shops

The Hindu

time07-06-2025

  • Business
  • The Hindu

PCC chief accuses government of showing favouritism in allocation of shops

Member of Parliament and president of Pradesh Congress Committee V. Vaithilingam has accused the AINRC-BJP government of bias in allotment of shops in the new complex constructed at Anna Thidal under the Smart City project. Speaking at the PCC office after inducting traders into the party, Mr. Vaithilingam said the government was functioning against the general interests of the trading community. Traders associated with the ruling establishment have alone benefitted, he said. 'While shops at the new bus stand have not been allotted even after commencement of bus services from the complex, shops at Anna Thidal are being allotted to people close to the ruling party even before the facility is inaugurated,' he said. Former Chief Minister V. Narayanasamy and several other Congress leaders attended the event.

Puducherry unveils annual credit plan 2025–26 with Rs 12,100 crore outlay
Puducherry unveils annual credit plan 2025–26 with Rs 12,100 crore outlay

New Indian Express

time24-05-2025

  • Business
  • New Indian Express

Puducherry unveils annual credit plan 2025–26 with Rs 12,100 crore outlay

PUDUCHERRY: The Annual Credit Plan (ACP) for the Union Territory of Puducherry for the financial year 2025–26, with a projected credit outlay of Rs 12,100 crore, was released on Thursday by Indian Bank, the convenor of the State Level Bankers' Committee (SLBC). The plan, covering the four regions of Puducherry Puducherry, Karaikal, Mahe, and Yanam was jointly launched by Lok Sabha MP V. Vaithilingam, Rajya Sabha MP S. Selvaganabathy, Indian Bank Executive Director and SLBC Chairman Shiv Bajrang Singh, and Secretary to Government (Finance), Ashish Madhaorao More. The ACP has been framed based on the assessed potential of various sectors and the credit performance of the previous year. A significant thrust has been placed on priority sector lending, with Rs 7,255 crore (60%) earmarked for agriculture, Rs 4,325 crore (35.73%) for Micro, Small and Medium Enterprises (MSMEs), and Rs 520 crore (4.27%) for other priority sectors.

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