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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coastaldigest.com news network
January 6,2020

She is one of a few beauty queens who give equal importance to both modelling and academic growth. Within months after completing her MBA in Finance and HR, Shifali Saldanha won Miss India Continent 2019 first runner-up and Miss Glory of International 2019 held in Mumbai.

An alumna of St Aloysius College (AIMIT), this 23-year-old Mangalurean is now a much sought after budding model. “I am enjoying the moment and would like to go with the flow,” says the much-loved daughter of Stephen Saldanha and late Anupama Saldanha.

Over the course of past two years, Ms Saldanha has experienced various nerve-wracking moments. She was shattered when her beloved mother lost battle with cancer and bid adieu to the world a couple of years ago. Yet, she serenely braved all the challenges. Her ‘never give up’ attitude helped her to scale new heights amidst misfortunes and pains.

Speaking to coastaldigest.com about her success in Miss India Continent 2019, which was organised by Dr Mahesh Yadav of Aman Gandhi Film Productions, Ms Saldanha said 15 contestants from different parts of the country were shortlisted for the finale, which had five diverse rounds. 

“The meet and greet session was my favourite phase in the competition as it was an opportunity to interact with the participants from different parts of the country,” recalls the multi-talented, who dreams big. 

The leggy lass’ success wasn’t accidental one. A trained singer and multilingual anchor, Ms Saldanha was already a known figure in coastal Karnataka. She had won the titles Miss Karnataka International- Multimedia 2018, and Miss Beautiful Eyes Mangaluru 2018.

Being a moderate feminist, who carries a go-getter attitude, Ms Saldanha calls upon every woman to be optimistic, challenging and goal-focused.

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News Network
January 21,2020

Bengaluru, Jan 21: Controversial Mysuru ruler Tipu Sultan will remain in state-syllabus textbooks in the next academic year (2020-21) too. But the government will form another committee to look at the subject afresh.

"Efforts are on to give textbooks and uniforms the day schools open next academic year. After a discussion with the CM, we decided to not make any changes in the textbooks for the upcoming academic year,"said primary and secondary education minister S Suresh Kumar.

No political angle, says minister

However, we will form a committee to look into it again,” said the minister.

Three months ago, Madikeri MLA Appachu Ranjan had written to the minister seeking removal of contents on Tipu Sultan from Karnataka state syllabus books of classes 6,7 and 10. The minister said: “Appachu Ranjan is a five-time MLA. When he sent a letter, it’s my duty to seek an opinion on it. There’s no political angle here.”

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coastaldigest.com news network
May 24,2020

Mangaluru, May 24: Muslims across coastal Karnataka today observed Eid Al-Fitr by offering Eid prayers at home instead of mosques and Eidgahs.

For the first time the cities of Mangaluru and Udupi wore a deserted look on the day of Eid. Strict implementation of the lockdown was seen in the both cities. All vehicles except those transporting essentials remained off the roads.

Following the orders of orders of the deputy commissioners of the Dakshina Kannada and Udupi and guidance of religious scholars and Qadhis, Muslims preferred not to venture out of homes on the day of Eid. The 36 hours of complete lockdown which came into force yesterday at 7 p.m. will relaxed tomorrow morning at 7 a.m.

The Eidgah at Light House Hill area of the city and other prominent mosques, where thousands used to gather to offer namaz during festivals, were empty today.

Photos of simple Eid celebrations were share on social media to keep the spirit of festival alive in times of pandemic.

This time Muslims in the region had also decided not to buy any new clothes for Eid. Campaigns were run in the moth of Ramadan to encourage the Muslims to donate the amount of new clothes to the needy instead.

Throughout the month of Ramadan Muslim organisations were distributing food among the stranded migrant labourers in the region.

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