Daijiworld Media Network – Mangalore (SP)
Mangalore, Dec 17: Karnataka Minorities Development Corporation chairman, N B Abubakker, informed that steps are afoot to waive loans amounting to about three crore rupees, raised by people belonging to minorities, who were ravaged due to the recent floods in North Karnataka. He was addressing a press conference organized here on Tuesday December 15.
“The Corporation has aptly responded to the needs of the situation, under the guidance of the Chief Minister. The loans raised by minorities living in Bagalkot, Belgaum, Bijapur, Gadag, Koppala, Raichur, Uttara Kannada, Haveri, Chitradurga, Dharwad and Gulbarga districts will be waived. For the displaced minorities, a lac of rupees each will be sanctioned, 50% of which will be in the form of 6% loans and the balance, in the form of subsidy, he added.
The Corporation would be providing a total of Rs 3.22 crore rupees under its Micro Subsidy and Self-reliance Scheme, at the rate of Rs 20,000 to each of the flood-displaced persons, 50% of which will be subsidy, he added. He also claimed, that as against the annual budget of five crore rupees sanctioned by earlier regimes, the present government has given a budget of Rs 50 crore to the Corporation.
BJP district general secretary, Srikar Prabhu, state Haj Committee member, Salim Ambagilu, Anwar, Umesh Gowda etc., were present at the press conference.