Sat Nov 01 17:12:43 UTC 2025: Here’s a summary and a news article based on the provided text:
Summary:
In Coimbatore district, Tamil Nadu, 135 individuals from Adi Dravidar and tribal communities have received a total of ₹9.38 crore in subsidized loans over the past two years under the Chief Minister’s Adi Dravidar and Tribal Economic Development scheme (CM-ARISE). The scheme, administered through TAHDCO, offers a subsidy up to ₹3.5 lakh for self-employment ventures. Beneficiaries have used the loans to establish various small businesses, including transportation services, agriculture, retail shops, and digital services. Recently, a beneficiary received the keys to a tourist vehicle purchased with the help of the scheme.
News Article:
CM-ARISE Scheme Empowers Adi Dravidar and Tribal Communities in Coimbatore with ₹9.38 Crore in Subsidized Loans
Coimbatore, November 1, 2025 – A total of 135 individuals from Adi Dravidar and tribal communities in Coimbatore district have significantly boosted their economic prospects through the Chief Minister’s Adi Dravidar and Tribal Economic Development scheme (CM-ARISE). Over the past two years, these entrepreneurs have received a combined ₹9.38 crore in subsidy-linked loans, empowering them to establish and expand their own businesses.
The scheme, implemented by the Tamil Nadu Adi Dravidar Housing and Development Corporation (TAHDCO), provides vital financial assistance for self-employment initiatives. It offers a subsidy covering 35% of the project cost, capped at ₹3.5 lakh, whichever is lower.
According to TAHDCO officials, 79 beneficiaries received ₹5.46 crore in 2024-25, while 56 received ₹3.92 crore in 2025-26. These funds have enabled individuals to launch a diverse range of small-scale ventures, including tourist vehicle operations, autorickshaw services, cattle and goat farming, concrete mixing units, brick-making businesses, textile and grocery stores, restaurants, digital studios, and computer centers.
District Collector Pavankumar G. Giriyappanavar recently handed over the keys to a new car to Arunkumar from Vellakinaru, who utilized the CM-ARISE scheme to purchase the vehicle for use as a tourist transport service. The vehicle, valued at ₹14.09 lakh, was financed through a ₹3.5 lakh subsidy from TAHDCO and a ₹10.59 lakh bank loan.
The CM-ARISE scheme underscores the Tamil Nadu government’s commitment to fostering economic development and self-reliance among marginalized communities, contributing to a more inclusive and prosperous future for the state.