CHENNAI: As hotels across the State are grappling with an LPG shortage, the Tamil Nadu government has announced incentives to encourage eateries and commercial kitchens to shift to induction stoves.
Following a consultative meeting chaired by Chief Minister MK Stalin on Saturday, the government said eateries, hotels, tea shops and cloud kitchens will be given incentives if their electricity consumption increased compared to the previous bi-monthly billing cycle. The TNEB will provide an incentive of Rs 2 for every additional unit of electricity consumed.
The government also announced relief measures for entrepreneurs and farmers.
Under the Unemployed Youth Employment Generation Programme, beneficiaries will receive a 25% subsidy or up to Rs 3.75 lakh, and a loan. Similarly, under the Tamil Nadu Women Entrepreneurs Empowerment Scheme, beneficiaries will be given a 25% subsidy or up to Rs 2 lakh and a loan of up to Rs 10 lakh.
The government will provide a 35% subsidy or up to Rs 1 crore plus loan assistance to promote industrial investments.