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MP Kota Shrinivasa Poojary urges nationalised banks to be more efficient and people-friendly
MP Kota Shrinivasa Poojary urges nationalised banks to be more efficient and people-friendly

Time of India

time10 hours ago

  • Business
  • Time of India

MP Kota Shrinivasa Poojary urges nationalised banks to be more efficient and people-friendly

Udupi: MP Kota Shrinivasa Poojary called on nationalised banks in the district to function more efficiently and adopt a people-friendly approach. He stressed the need for the simplification of procedures, especially for educational loans, and insisted that beneficiaries selected under govt schemes receive their due benefits without delay. Presiding over the District Lead Bank Progress Review Meeting held at Dr VS Acharya Hall on the zilla panchayat premises, on Saturday, the MP said financial aid under central and state govt schemes should be made accessible to the public without hassle. He urged banks to increase enrolment under flagship schemes like Pradhan Mantri Jeevan Jyoti Bima Yojana. He also cautioned banks against arbitrarily rejecting applications forwarded by govt departments. Poojary said bank officials and staff must communicate with customers in Kannada. In cases where officials are unable to do so, locals should be deputed to assist. He said more emphasis on PM Mudra and Startup schemes could promote self-employment and contribute to the district's economic growth. Udupi currently ranks second in the state in loan disbursement under the PM Vishwakarma scheme, and he urged officials to work towards achieving the top spot. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Brass Laxmi Ji Idol For Wealth, Peace & Happiness Luxeartisanship Shop Now Undo Zilla panchayat CEO Prateek Bayal stressed that financial support under RBI's priority sector norms should be enhanced. Banks must understand their social responsibility and maintain citizen-friendly practices. He directed banks to ensure 100% achievement of individual targets and urged them not to harass women from self-help groups seeking loans for self-employment. He said banks must assist them with proper guidance on schemes and required documentation. Bayal also raised concerns over certain banks continuing to collect stamp duty despite exemptions for sectors like agriculture, education, and SHGs. He warned that the issue would be taken seriously and recommended strict action if violations continue. He further noted that the district is yet to meet the Rs 12 lakh target for activities under social infrastructure, renewable energy, fisheries, and self-employment. Canara Bank Udupi RO-2 AGM and regional manager Tadinada Srinag Purnananda presented performance figures for FY 2024–25. The agricultural sector achieved 86.3%, MSME 91.1%, education 95.5%, and housing 85.4%. The credit-deposit (CD) ratio improved slightly from 46.9% last year to 47.7% this year. The Annual District Credit Plan (ADP) booklet for FY 2025–26 was released during the event.

FM Sitharaman visits Rongdo Valley in Ladakh, interacts with members of local nomadic tribal community
FM Sitharaman visits Rongdo Valley in Ladakh, interacts with members of local nomadic tribal community

India Gazette

time6 days ago

  • Business
  • India Gazette

FM Sitharaman visits Rongdo Valley in Ladakh, interacts with members of local nomadic tribal community

Leh (Ladakh) [India], June 16 (ANI): Union Finance Minister Nirmala Sitharaman on Monday visited Rongdo Valley in Ladakh and interacted with members of local tribal community members. In a post on X, Nirmala Sitharaman's office said, 'Nirmala Sitharaman visits Rongdo Valley in Ladakh and interacts with members of the local nomadic tribal community. During the visit, Nirmala Sitharaman handed over a cheque of Rs 50 lakh for the construction of tents for the tribe, under the CSR initiative of the @TheOfficialSBI Foundation.' Earlier on June 15, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, virtually inaugurated several development projects on Sunday in Leh, Ladakh, during her four-day visit to the Union Territory. The Ministry of Finance said this reaffirms the Government of India's commitment to inclusive growth and infrastructure development in the Union Territory of Ladakh. The Union Finance Minister also interacted with the officials of the Union Territory the second day of her visit, she addressed an audience during the Credit Outreach Programme in Leh and handed over sanction letters from banks to beneficiaries under various Central Government schemes. During the Credit Outreach, loans worth Rs 5.13 crore were disbursed to beneficiaries under different schemes, including PM MUDRA, PM Vishwakarma, PMEGP, PM Micro Food Processing Enterprises Scheme (PM FME), and Joint Liability Group (JLG) Union minister also visited an exhibition of local handicrafts and handloom products by Self Help Groups (SHG) and Local Entrepreneurs in Leh. (ANI)

Centre Committed towards small biz: FM Nirmala Sitharaman in Ladakh
Centre Committed towards small biz: FM Nirmala Sitharaman in Ladakh

Time of India

time15-06-2025

  • Business
  • Time of India

Centre Committed towards small biz: FM Nirmala Sitharaman in Ladakh

New Delhi: Finance Minister Nirmala Sitharaman on Sunday said that the Modi government is committed to giving greater emphasis to smaller entrepreneurs. In a statement, the finance ministry stated that Sitharaman made those remarks in Leh, Ladakh, while addressing a credit outreach programme , underscoring the Government of India's commitment to financial inclusion, last-mile delivery of credit, and the integration of Ladakh's unique cultural identity into the broader developmental framework. As part of the credit reach, loan sanctions exceeding ₹5.13 crore were disbursed under key central schemes such as MUDRA, PMEGP, Stand-Up India, and PM Vishwakarma. Beneficiaries ranged from homestay owners and artisans to small-scale entrepreneurs, reflecting the government's focus on micro-enterprise and self-employment, the statement noted. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Costco Shoppers Say This Wrinkle Cream Is "Actually Worth It" The Skincare Magazine Undo Sitharaman highlighted that over 64,000 MUDRA loans and more than 600 Stand-Up India loans have been sanctioned in Ladakh, with a significant share in Leh district alone. Public Sector Banks have shown increased credit activity in the region, with total loan sanctions rising steadily over the last two financial years, the finance ministry said in its statement. The FM also commended the expansion of financial infrastructure in Ladakh, with over 500 banking touchpoints and increasing deployment of banking correspondents. Live Events Reaffirming the Centre's vision for Ladakh, the finance minister reiterated that financial growth must include cultural heritage, the statement noted.

‘Dharti Aaba' campaign: Special camps in tribal villages of Chamarajanagar
‘Dharti Aaba' campaign: Special camps in tribal villages of Chamarajanagar

The Hindu

time15-06-2025

  • Health
  • The Hindu

‘Dharti Aaba' campaign: Special camps in tribal villages of Chamarajanagar

As part of the 'Dharti Aaba Jan Jatiya Gram Utkarsh Abhiyan', a series of special awareness and facilitation camps will be held from June 15 to 30 in 11 tribal villages of Chamarajanagar district. The initiative targets villages where the population of the Scheduled Tribes (ST) exceed 50%, with the goal of empowering tribal communities to access various government welfare schemes. The campaign aims at providing essential documentation support and raise awareness about schemes offered by both the Central and State governments. The identified villages include Bedaguli, Kannegala, Yanagahalli, and Mel Mal in Chamarajanagar taluk; Thondavadi, Somanapura, and Madduru in Gundlupet taluk; Agar, Biligiriranganabetta (B.R. Hills), and D. Kandahalli in Yelandur taluk; and Palya in Kollegal taluk. Seventeen government departments are collaborating to implement around 25 key welfare schemes during the campaign. Nodal officers have been appointed at both the district and taluk levels to oversee operations and ensure effective delivery of services, a press release said. The camps will offer assistance in availing oneself of various schemes and services, including Aadhaar enrolment, Jan Dhan bank account opening, Kisan Credit Cards, insurance schemes such as Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Ayushman Bharat Health Card (ABHA), screening and awareness on sickle cell anaemia and tuberculosis under the TB Mukt Bharat initiative, immunisation under the Indradhanush Mission, domicile, caste, and income certificates, MGNREGA job cards, social security pensions (old age, widow, disability), livelihood schemes including PM Vishwakarma, MUDRA loans, and MGNREGA, women and child welfare programmes such as PM Matru Vandana Yojana and ICDS services and updating of vaccination records, the release stated. The camps will be held from June 16 to 27 at Madduru colony, Tribal Ashrama School (Gundlupet taluk); Kannegala, Maramma Temple (Chamarajanagar taluk); Thondavadi, Nayakara Beedi Chowdi (Gundlupet taluk); Yanagahalli, Valmiki Bhavan (Chamarajanagar taluk); Agar village, Hindimaramma Temple premises (Yelandur taluk); Somanapura, Anganwadi Building (Gundlupet taluk); D. Kandahalli, Nayakara Beedi Chowdi (Yelandur taluk); Muratipalya Tribal Ashrama School (Mel Mal village, Chamarajanagar taluk); Yerakanagadde Colony (Soliga Bhavan) and Bangale Podu Valmiki Bhavan (B.R. Hills area); Palya Gram Panchayat premises (Kollegal taluk) and Bedaguli, TVS Coffee Estate (Chamarajanagar taluk). Deputy Commissioner Shilpa Nag has urged all eligible tribal residents in the selected villages to attend the camps on the designated dates and make full use of the services and documentation support provided.

Focus on tourism, aim for 15 per cent growth in Palnadu: Lanka Dinakar
Focus on tourism, aim for 15 per cent growth in Palnadu: Lanka Dinakar

The Hindu

time14-05-2025

  • Business
  • The Hindu

Focus on tourism, aim for 15 per cent growth in Palnadu: Lanka Dinakar

State 20-Point Programme Committee Chairperson Lanka Dinakar directed officials to work towards achieving a 15 per cent growth rate in Palnadu district. Addressing a review meeting with department heads at the Collectorate in Narasaraopet on Wednesday, he emphasised the untapped potential of tourism in the region, highlighting the scope for temple tourism, Buddhist heritage sites, and scenic spots like Nagarjuna Sagar and Kondaveedu Fort. Dinakar urged the preparation of detailed project reports (DPRs) to attract government funding and private investment in tourism. He reviewed multiple departments including Agriculture, Housing, Animal Husbandry, DWMA, and Rural Development, stressing the need to implement Central and State welfare schemes effectively. He called for the expansion of natural farming from 50,000 to 1.25 lakh acres and increased awareness on the PM Fasal Bima Yojana. Expressing concern over non-functional water taps under the Jal Jeevan Mission, he questioned the rationale behind incomplete infrastructure projects. Dinakar instructed officials to promote the PM Surya Ghar solar scheme, ensure the benefits of schemes like PM Vishwakarma and drone subsidies reach eligible beneficiaries, and curb misappropriation in free rice distribution. District Collector P. Arun Babu, meanwhile, assured steps to deliver services efficiently and eliminate poverty through proper implementation of the 20-Point Programme.

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