Corporates in Tamil Nadu should support govt schemes for poor: Governor Vidayasagar Rao

Tamil Nadu acting governor CH Vidayasagar Rao said he chaired the Corporate Leaders meeting in which Tata and Birla participated to seek their active participation in government schemes.

By: PTI | Chennai | Published:September 10, 2016 8:17 pm

Corporate leaders in Tamil Nadu should come forward and support various schemes for the welfare of the poor initiated by the state government, state acting governor CH Vidayasagar Rao said on Saturday. “In January 2016, I chaired the Corporate Leaders meeting in which Tatas and Birlas participated. The purpose of the meeting was to seek the active participation of Corporates in Swachh Bharat Abhiyan”, Rao said at the Centenary Celebrations of the Karur Vysya Bank in Chennai.

“The Government of Tamil Nadu is also implementing various schemes and programmes for the welfare of the poor and downtrodden. I appeal Corporate leaders in Tamil Nadu to come forward and support such schemes”, he said.

Stating that Banks play a critical role in boosting enterprise and job creation under the Start Up India, Stand Up India programme, he said, as Chancellor of State Universities in Maharashtra and Tamil Nadu, “I feel banks should be liberal in offering long term education loans to deserving students”.

He said that under the Pradhan Mantri Jan Dhan Yojana scheme, a record 220 million accounts were opened by June 2016 and the credit for the success of this scheme and towards financial inclusion equally goes to the ‘banking industry’.

“Today banking is at the very fountainhead of the new-age world order. Banking has transformed itself from brick-to-click”, he said. Earlier, a book tracing the Corporate History of Karur Vysysa Bank was released by him and it was received by President Pranab Mukherjee.

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