Fisherwomen get subsidised loans through JLGs

March 29, 2012

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Mangalore, March 29: Corporation Bank, in association with Dakshina Kannada and Udupi Co-operative Fish Marketing Federation Ltd., launched a subsidised loan scheme for fisherwomen through joint liability groups (JLGs) in the city on Wednesday.

The bank has identified 72 groups consisting of 700 fisherwomen in Mangalore through the federation and about Rs. 3.50 crore credit will be extended to them through 11 branches of the bank in Mangalore.

Each Joint Liability Group would have a minimum of four and a maximum of 10 members and each member would be eligible for a maximum loan of Rs. 50,000 repayable in 35 months.

Ajai Kumar, Chairman and Managing Director, Corporation Bank, presided over the function. He said the fisherwomen would pay an interest rate of 3 per cent. The balance of the 12.65 per cent rate of interest would be subsidised by the State Government.

“People (who are taking loans from the bank) are repaying the loans,” Mr Kumar said. The bank provides credit linkages to 1,24,000 self-help groups (SHGs) with an amount of Rs. 1,000 crore, he said. Representatives of Sri Raksha Swasahaya Sangha, Mangalore, were given a cheque of Rs. 5 lakh. The other SHGS that received cheques for loans included Sri Vinayaka Swasahaya Sangha, Bokkapatna, Mangalore; Sri Ganesha Swasahaya Sangha, Bokkapatna; Vaishnavi Swasahaya Sangha, Boloor; Spandana Swasahaya Sangha, and Durgambika Swasahaya Sangha from Thota Bengre.

Earlier, in association with the Federation, the bank had financed 223 JLGs, consisting of 2,000 fisherwomen and a loan of Rs. 9.73 crore had been extended through six branches in Udupi district.

B. Nagaraj Shetty, Chairman of the Coastal Development Authority, inaugurated the loan disbursing event.

Yashpal A. Suvarna, president, Fish Marketing Federation; Nitin Kumar, president, Karnataka Fisheries Development Corporation Limited; Palangappa, Assistant Registrar of Co-operative Societies, Mangalore; Suresh Kumar, Joint Director (Fisheries), Mangalore,; and R.P. Arora, Deputy General Manager, Corporation Bank, were present.

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News Network
April 4,2020

Bengaluru, Apr 4: Sixteen coronavirus cases have

been confirmed in Karnataka, taking the total number of the affected in the state to 144, the Health department said here on Saturday.

A 75-year old man, who is a resident of Bagalkote, who was confirmed positive on Friday and was being treated at a designated hospital in the district, expired last night.

"Till this evening, 144 COVID-19 positive cases have been confirmed in the state, which includes four deaths and 11 discharges," the health department said in a bulletin.

Out of the 129 active cases, 126 patients (including 1 pregnant woman) are in isolation at designated hospitals and are stable and three in Intensive Care Units (one on oxygen and two on Ventilators), it said.

Among the total of 144 cases detected and confirmed so far, eight are transit passengers of Kerala who landed in airports in Karnataka and are being treated in the state, it said.

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News Network
January 10,2020

Bengaluru, Jan 10: The National Commission for Scheduled Tribes (NCST), which met with officials of the Social Welfare Department Thursday, has urged the state government to increase the reservation provided to the ST community.

The Commission's suggestion comes even as a committee headed by Justice Nagamohan Das is currently studying a demand for increase of reservation for the community from the existing 3% to 7.5%.

Addressing mediapersons on Thursday, Commission Chairperson Nand Kumar Sai, said the Commission had discussed the issue with the Social Welfare Department, Karnataka, asking officials to expedite the process.

In response to this suggestion, Social Welfare Department Principal Secretary G Kumar Naik said the government would take a call based on the Nagamohan Das Committee's report.

A meeting was held between members of the National ST Commission and the Social Welfare Department Thursday with regard to various projects taken up by the department.

In June last year, the then Kumaraswamy-led coalition government constituted the Justice Nagamohan Das Committee, after protests from members of the Valmiki community for an increase in reservation to 7.5%. At present, Karnataka provides 15% reservation for SCs, 3% for STs and 32% for other backward classes (OBC).

The national commission also urged the state government to ensure permanent faculty in all the 824 residential institutions run by the department. At present, as much as 50% of the faculty in these institutions have been hired on a contractual basis. "We have assured that the recruitment will be done in a short time," Naik told mediapersons.

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News Network
January 3,2020

Bengaluru, Jan 3: The Karnataka high court on Thursday issued notices to the Railway Board and the South Western Railways on a petition seeking review of superfast surcharge being levied on passengers in Malgudi Express train.

Petitioner and Mysurubased advocate Mohammed Dastagir, in a public interest litigation claimed that as per the circular issued by the Railway Board on December 10, 2006, Malgudi Express — which runs from Mysuru to Yelehanka — is not designated as a superfast train and despite the same, the authorities are illegally collecting additional charges known as supplementary charges ranging from Rs 15 to Rs 75 from passengers.

A division bench headed by Chief Justice Abhay Shreeniwas Oka posted the petition to second week of February.

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