Bengaluru: Chief Minister HD Kumaraswamy on Thursday launched the 'Badavara Bandhu' scheme that lends the loan to 53,000 street vendors of the state to strengthen and grow their businesses.
To prevent the poor from being cheated from local money lenders, this scheme was announced in the budget and is now being implemented.
Chief Minister Kumaraswamy launched the scheme at a ceremony near the city's APMC Vegetable Market. The loan is being given to the small traders through a transportation vehicle.
There are about 4.50 lakh street vendors in the state, with over 80,000 in the BBMP limits. While the local bodies are issuing identity cards to the roadside vendors, 1.80 lakh vendors in various local bodies and 24,650 vendors in the BBMP limits have received the cards.
Co-operation Minister Bandeppa Kasempura has been given a loan facility only through the Co-operative Bank, which is responsible for the location of a co-operative bank and mobile banking unit exclusively for each city area, which is headed by a chairperson of the DCC Bank chair.
Deputy Chief Minister Dr. G. Parameshwara, Co-operation Minister Bandeppa Keshempura, Mayor Gangambike and others were present.


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Bajpe: Police have arrested a youth for allegedly posting derogatory and defamatory content against the Bajpe police on social media.
The arrested accused has been identified as Abhishek M. (23), a resident of Katipalla, Surathkal.
According to the police, Abhishek posted a photograph of Bajpe Nisarga Hotel on his Instagram account mr_a_titude_22, alleging that accused persons in a murder case under the jurisdiction of the Bajpe police station were being treated “like royalty” by the police and were being served beef meals from the hotel every day. In his post, he further accused the police of colluding with criminals and misusing their authority, stating that public trust in the police was being betrayed.
Following which, the Bajpe police registered a case and arrested the accused.
Police records reveal that Abhishek is already facing multiple criminal cases. A case of murder, attempt to murder, assault and robbery has been registered against him at the Surathkal police station. At the same time, a robbery case has also been registered at the Kaup police station.
After his arrest, Abhishek was handed over to the custody of the CEN police for further investigation. He was later produced before a court, police said.
