Mangaluru, October 10: Cooperative Minister Bandeppa Kashempur said that Chief Minister H.D. Kumaraswamy would launch ‘Badavara Bandhu’ scheme, aimed at giving micro-loan to roadside vendors to make Karnataka free from ‘meter baddi’ business, before Diwali festival.

Speaking to reporters after reviewing the progress at the Dakshina Kannada District Central Cooperative Bank here on Wednesday, the Minister said that under the scheme, the beneficiary could get interest-free micro-loan from Rs 2,000 to Rs 10,000 through mobile banking system. Total 53,000 beneficiaries including 5,000 from Bengaluru and 3,000 from Mangaluru would get this benefit, he said.

‘Kayaka’ scheme to be launched soon

The Cooperative Department would provide Rs 10 lakh loan to self help groups to start business or industry under ‘Kayaka Yojane’. Under this scheme, Rs 5 lakh would be given at zero interest and remaining Rs 5 lakh would be given at 4 per cent interest. The scheme would be launched in all districts shortly, the Minister said.

Under the farm loan waiver scheme, total Rs 713 crore loan of the farmers from the district would  be waived off. In the previous government, Rs 380 crore loan from the district was waived off. Now, the state government was getting the details from the nationalized banks on loans disbursed to the farmers, he said.

Common software in PACS

A common software was adopted in all Primary Agricultural Credit Societies (PACS) in the district and it was planning to extend it to the entire state. Within next 15 days, the department would give a report on its pros and cons and later,  the government would take a decision, he said.

Under the Cooperative Sector, banking sector and KMF have been working efficiently. In future, the cooperative sector should be extended to other sectors too, he opined.

Out of Rs 380 crore loan waived off in the district last year, only Rs 2 crore had to be paid to the PACS. All farmers were asked to submit their details on loan waiver scheme and only Aadhar and Ration cards were being asked as documents, he clarified.

The DCC Bank including the Agriculture Credit Cooperative Societies had contributed Rs 1 crore for the Chief Minister’s Relief Fund and he would thank the banks and their employees, he added.

DCC Bank President Dr. M.N. Rajendra Kumar, State Cooperative Societies Registrar M.A. Ayyappa, District Cooperative Societies Deputy Registrar B.K. Saleem, SCDCC Bank office-bearers and directors were present at the press conference.

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Thiruvananthapuram (PTI): Kerala BJP president Rajeev Chandrasekhar on Monday hit out at both the ruling CPI(M)-led LDF and the opposition Congress-led UDF, saying that their reactions to the recent conflict in West Asia show that they are supporting Iran rather than standing with the people of Kerala living in the Gulf countries.

He accused both fronts of "playing politics" in the name of religion and appeasement ahead of State Assembly elections, rather than taking a clear stand on the crisis.

It is "surprising" that the Left Democrat Front and United Democratic Front are "supporting" Iran -- which is attacking Gulf countries that economically sustain Kerala and are considered a second home by Keralites, Chandrasekhar said in a statement here.

The BJP leader said Keralites, many of whom depend on jobs in Gulf Cooperation Council (GCC) countries, are anxious about the situation.

He underlined that the first priority should be the safety and security of expatriate workers and their families, not political gains.

His statement comes a day after Chief Minister Pinarayi Vijayan alleged that the United States was displaying "hooliganism" against Iran and accused it of taking "irrational" actions that undermine the sovereignty of nations.

The Congress has also "unequivocally" condemned the targeted assassination of Iran's Supreme Leader Ayatollah Ali Khamenei and said no external power has the authority to engineer a regime change, as such actions amount to imperialism and are incompatible with a rules-based international order.

Chandrasekhar said that the central government is offering help and guidance to Indian citizens in the region, and urged people not to panic.

To assist those affected, the Kerala BJP has opened helpdesks in 30 district offices and launched a toll-free number -- 1800-257-4357 --for Keralites seeking information or support connected to the conflict, the statement said.