Small Industries Development Bank of India (SIDBI) has approved funds to the tune of Rs 524 crore for the up-gradation and development of micro, small and medium enterprises (MSME) in Tamil Nadu.
SIDBI chairman Sivasubramanian Ramann handed over the ‘in-principle approval letter’ to Chief Minister M K Stalin on Tuesday and said Tamil Nadu was the first state to receive the cluster development fund, a state government release said.
