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Tirupur: The centre for apparel training functions at NIFT-TEA College of Knitwear Fashion has invited apparel units to set up their own training centres under the scheme for capacity building in textile sector (Samarth) to groom skilled labourers in the city.

The Indian rupee declined in the early trade on Wednesday. It has opened lower by 15 paise at 69.09 per dollar versus previous close 68.94.

Minister of State for Finance & Corporate Affairs Anurag Singh Thakur on Tuesday said that economic growth remains high on the agenda of the Government and to boost the Economic growth further various measures has been announced in the Budget 2019-20.

Share of exports of products related to India’s micro, small and medium enterprises (MSME) during the year 2018-19 stood at 48.10 per cent as per the information from Directorate General of Commercial Intelligence and Statistics, MSME Minister Nitin Gadkari said in a written reply in Rajya Sabha on Monday.

MADURAI, “Micro, small and medium enterprises (MSMEs) do deserve bank support and Indian Bank is working with various clusters to improve lending to them. We have 50 specialised branches, including in Madurai, for this,” said Padmaja Chunduru, Managing Director and CEO of the bank.

Five of India’s leading public sector lenders including State Bank of India, Andhra Bank, Corporation Bank, Oriental Bank of Commerce, and Union Bank of India have come together to facilitate the raising of loan by MSMEs in an easier way through PSBloansin59minutes.com — an online marketplace.

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