Allow cooperative banks to accept old notes: Gowda urges PM

November 21, 2016

Bengaluru, Nov 21: Former Prime Minister and JD(S) president H D Deve Gowda appealed to Prime Minister Narendra Modi on Sunday to allow district central cooperative (DCC) banks to accept demonetized notes in the interest of the farming community.

gowda In a letter to the PM, Gowda stated that the Reserve Bank of India's circular dated November 17 should be modified as it bars DCC banks from accepting and exchanging Rs 500 and Rs 1,000 denomination notes.

In Karnataka, there are 21 DCC banks with 708 branches. These banks have 45.91 lakh deposit accounts and 21.73 lakh loan accounts along with advances to the tune of Rs 20,256.44 crore. In his letter Gowda stated: "The farmers who have availed crop loans from the cooperatives cannot repay the loans to the DCC banks because of non-availability of currencies. If they fail to repay within the due dates they will not be able to get interest subsidies from the government."

Gowda also warned about a delay in payments to the dairy farmers and stated: "This has also affected the remittance of milk sales amount from the milk cooperative societies to DCC banks and payment of milk bills from DCC banks to cooperative societies. This will affect the daily payments to be made to dairy farmers."

Comments

Hahahaha Devegowdre ... we are not fools to believe ... we know many of the cooperative directors have politcial affliation .if they allow them to exchange notes ... entire black will be converted into white wiuthin just 10 days . Just use nationalised bank to deposit your money ..:) In kerala , cooperative societies are used as money laundering and hawala outlets by islamic millitants ... so our moidji is right ... hara hara modi ...jai BJP ... jai sangh parivar .

Add new comment

Coastaldigest.com reserves the right to delete or block any comments.
Coastaldigset.com is not responsible for its readers’ comments.
Comments that are abusive, incendiary or irrelevant are strictly prohibited.
Please use a genuine email ID and provide your name to avoid reject.

Only 102 out of 1,063 detected covid cases are active in Udupi; 190 out of 425 in DK

coastaldigest.com news network

June 21,2020

Mangaluru, June 21: As many as 7 fresh cases of covid-19 were detected in coastal district of Dakshina Kannada today whereas neighbouring Udupi did not report any new case.

The total confirmed covid cases in Dakshina Kannada today mounted to 425. Among them, 227 people have been already recovered and discharged. Today alone 26 were discharged. Currently there are 190 active cases in the district.

In Udupi there are only 102 cases are currently active among 1,063 detected covid-19 cases. So far 959 people have been discharged from hospital after fully recovering from the diseased. Today six patients were discharged.

Dakshina Kannada has so far witnessed death of 8 covid-19 patients. Among them 2 persons lost their lives due to non-covid reasons. Udupi has witnessed 2 covid related deaths so far.

Comments

Add new comment

Coastaldigest.com reserves the right to delete or block any comments.
Coastaldigset.com is not responsible for its readers’ comments.
Comments that are abusive, incendiary or irrelevant are strictly prohibited.
Please use a genuine email ID and provide your name to avoid reject.

Magisterial enquiry into Mangaluru police firing postponed amid corona scare

News Network

March 23,2020

Mangaluru, Mar 23: The magisterial enquiry into the police firing during the anti-CAA protest on December 19 in Mangaluru, has been postponed following the lockdown of Dakshina Kannada district, Udupi DC G Jagadeesh announced on Monday.

The inquiry by Udupi DC G Jagadeesh was scheduled on Monday. Already, City Police Commissioner Dr P S Harsha and others have deposed before the magistrate. The Deputy Commissioner and the Assistant Commissioner were supposed to appear before the magistrate.

Following the December 19 violence and the death of Nausheen and Jaleel due to alleged police firing, the state government had commissioned two probes-- one magisterial and the other, a CID inquiry.

As per the government order, a report on the inquiry was to be submitted before March 23. On the request by the magistrate for more time since the documents and videos had to be examined, the government had asked him to submit the report by April 23.

Comments