Thoothukudi district administration has announced a month-long special loan mela for Micro, Small, Medium & Large Scale units through Tamil Nadu Industrial Investment Corporation (TIIC) from June 1 to 30.According to a press statement from district administration, the Corporation is providing financial assistance to MSMEs and large-scale units and service sector activities under various schemes to establish new industries, service units, or to expand, modernise or diversify the existing industries and service units.The loan mela will be conducted at NPS complex, Polpettai, on all working days.During the campaign, the visitors will be provided with detailed presentations on special features of various schemes of TIIC, incentives and subsidies of the State government. In addition, special schemes such as New Entrepreneur and Enterprise Development Scheme (NEEDS), Annal Ambedkar Business Champions scheme (AABCS) will also be explained.As per the announcement made by the state government, 100% waiver of investigation fees is applicable for term loan applications received.Eligible MSME units set up in Tamil Nadu will attract 25% state capital subsidy subject to a maximum of ₹1.50 crore. Micro manufacturing units set up in the State will attract 25% state capital subsidy, 10% additional capital subsidy along with special capital subsidy of 5% for women.For more informations, people may contact at 0461-3500032 Published - May 28, 2026 08:13 pm IST