Let street vendors grow as Businessmen: CM Kumaraswamy
‘Badavara Bandhu’ scheme launched
Bengaluru, November 22: Chief Minister HD Kumaraswamy said that as the government has introduced ‘Badavara Bandhu’ scheme to help the roadside vendors with interest-free micro financing facility, the vendors have to utilize it effectively and improve their living condition.
Inaugurating the ‘Badavara Bandhu’ scheme at Yeshwanthpur APMC Market, organized by the Cooperative Department here on Thursday, the CM said that the roadside vendors have dependent on private money lenders and they pay more interest. In order to protect them from exploitation, the government has introduced the scheme. Infosys chief Narayana Murthy and his friends had started their company with just Rs 10,000 and grew as one of the biggest companies in the world providing jobs to lakhs of youth. In the same way, the roadside vendors should save a part of their earnings and grow as businessmen, he said.
Don’t torture
Though the roadside vendors sweat-out since morning to evening, they could not live happily due to their meager earnings. So, the police and officials should not harass them for money. Instead, the officials should create a conducive atmosphere for the roadside vendors to continue their business, he said.
Deputy Chief Minister Dr. G. Parameshwar said that the state government has introduced the ‘Badavara Bandhu’ scheme to help the roadside vendors. The officials should make honest efforts in reaching the benefits of the scheme to the deserving people. In Madhugiri, a flower-vending woman, with her small savings, educated her son who cracked IAS. So, without developing inferiority complex, the street vendors should educate their children, he advised.
Under this scheme, financial assistance would be provided to 53,000 people in the first phase and gradually, the number would be increased. Neglecting the allegation of the Opposition party on the government, the coalition government would ensure good administration, he said.
Cooperative Minister Bandeppa Kashempur, MLAs K. Gopalaiah, Munirathna, Mayor Gangambike Mallikarjun, Principal secretary Dr. N. Nagambika Devi, BBMP members, Cooperative societies registrar MK Aiyappa and others were present.
Highlights
State has 4.5 lakh street vendors including 80,000 in Bengaluru. Initially, 53,000 street vendors are being given loans.
Each street vendor would get micro loan from Rs 2,000 to Rs 10,000.
The loan will be disbursed through the DCC bank, Rajajinagar Cooperative Bank, Visvesvaraya Cooperative Bank, Guru Raghavendra Cooperative Bank and other Cooperative banks.
The loan repayment period is three months and if they repaid the loan within three months, they would be eligible for getting fresh loans again. Moreover, the loan amount could be increased by 10 percent which means from Rs 10,000 to Rs 15000.
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Mangaluru: Bajpe police arrests young man for alleged derogatory posts against police
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.
