Chennai, Apr 27 (PTI) Tamil Nadu Chief Minister Jayalalithaa today said her government is giving final touches to industry specific policies for various industries as she invited all banks in the state "to work in tandem with the government to achieve the goals of the new industrial policy". Addressing the Special Platinum Jubilee Celebration of Indian Overseas Bank here, she said her government is "now giving final touches to industry-specific policies for various industries, including automobiles, auto components, biotechnology, aerospace and renewable energy with special focus on solar power generation". Aiming at 14 per cent growth in the manufacturing sector, she called on banks to "work in tandem with the government" to achieve the goals of the new industrial policy. She said the process to ensure disbursal of social security pensions through banks has already begun and stressed the need for it to expand to cover all recipients. "Similarly disbursement of wages under the Mahatma Gandhi National Rural Employment Guarantee Act should also be done entirely through the banking system", she said. Suggesting a "win-win situation" for banks, Jayalalithaa said they should become partners in government services. "The high volume of pension, wage and scholarship payments in Tamil Nadu represents huge opportunities for banks", she said. She also announced her government's decision to launch the New Entrepreneur-cum-Enterprise Development Scheme (NEEDS) from 2012-13, aimed at training budding entrepreneurs and 'hand holding' them through the process of incubating their new ventures.
