Ease of Doing Business for MSMEs: Tamil Nadu Electricity Minister V. Senthilbalaji said that the projected revenue of Tamil Nadu Generation and Distribution Corporation (Tangedco) will take a hit due to the reduction in tariffs, reported The Hindu.
“With the tariff increase, we expected a Rs 19,000 crore increase in Tangedco’s revenue per year. However, with the reduction of tariffs in certain categories for MSMEs, handloom and powerloom sectors, among others, we are getting an additional revenue of only about Rs 1,000 crore per month (as against the projected Rs 1,583 crore),” the minister said.
