As part of its financial outreach programme in tune with national priority, city-based private sector Karnataka Bank Limited is all set to launch KBL-Empower Biometric smart card at Babbur in Hiriyur taluk of Chitradurga district on Wednesday. P Jayarama Bhat, managing director of the Bank, will launch the card in the presence of Range Gowda, CEO, Chitradurga ZP who will distribute the card to the beneficiaries. With this, the bank is...
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Punjab Dy CM requests RBI Governor to promote debt swap scheme for farmers
The Punjab Government Thursday requested the Reserve Bank of India that it should impress upon Public Sector banks to aggressively promote Agricultural Debt Swap scheme to free the farmers from the clutches of moneylenders. The Punjab Deputy Chief Minister Mr. Sukhbir Singh Badal raised this issue when Dr. D. Subbarao, Governor, RBI today called on him. The Deputy Chief Minister impressed upon the Governor that the Punjab farmers reeling under Rs....
More »Dalit proves point on horseback by Rao Jaswant Singh
It was an unusual day at Rajasthan University on Thursday when a dalit student, Raj Tepan, came on horseback with his supporters and musical band following him up to the vice chancellor's office. Reason: Dalit students wanted to prove that the derogatory remarks made by their 'guru' P D Sharma, who said dalits are not entitled to ride horses, were absurd. The professor has since apologized for the remark, but not...
More »Govt May Regulate MFIs
Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP. Talking to media persons in the New Delhi, the minister said that the government would frame rules and...
More »Aadhar to be launched next week by Chief Minister
Aadhar, the project to give unique identification number to every resident, will be launched in the State by Chief Minister K. Rosaiah in a week. In the first phase, 3.11 crore individuals are targeted to be enrolled by March next in seven districts. Addressing a press conference here on Friday, Minister for Civil Supplies J. Krishna Rao admitted that there was certain percentage of pilferage in every government scheme. Aadhar (UID...
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