Ksheera Samvruddhi Bank in all taluks, assures CM
News

Ksheera Samvruddhi Bank in all taluks, assures CM

March 21, 2022

Former MLA Vasu, Mandya’s Shambunahalli S. Guruswamy among 60 conferred with ‘Sahakara Ratna’ award

Bengaluru: Maintaining that milk production is a big activity in the State, Chief Minister Basavaraj Bommai said that the Government will set up Ksheera Samvruddhi Banks at a cost of Rs. 300 crore as announced in the State  Budget.

He was speaking after conferring ‘Sahakara Ratna’ award to 60 distinguished Co-operators including late actor Puneeth Rajkumar (Appu),  former Mysuru Chamaraja Constituency MLA Vasu and Mandya’s Shambunahalli S. Guruswamy at the award conferment programme jointly organised by Karnataka Co-operative Federation, Karnataka Housing Co-operative Federation and Co-operation Department  at  Ganesh Maidan in Kengeri Satellite Town of Bengaluru on Sunday.

Pointing out that Ksheera Samvruddhi Bank will be set up in all taluks, Bommai said that the banks will have milk producers as members and lend loans to those engaged in dairy farming at low interest rates.

Continuing, Bommai said that Multi-purpose Co-operative Societies for Women with a Government share of 90 percent, will be set up in all taluks for the benefit of women.

Noting that people from backward classes, SC/ST and other marginalised communities should become members of co-operative societies in large numbers, he underlined the role of the working class and women in the success of Co-operative sector. The Government is working towards revolutionising the co-operative sector through creation of jobs, he added.

Stating that there is a demand for including co-operative education in school and college curriculum and as well as for utilising MLA funds for Co-operative sector activities, he said that the Government will consider the demands of the sector.

READ ALSO  CM visits Suttur, seeks Seer’s blessings

Co-operation Minister S.T. Somashekar in his address, said that 33 lakh farmers have been distributed Rs. 23,000 crore at zero interest rate in the current year. The Department has set aside Rs. 1,050 crore for providing an incentive of Rs. 5 per litre for milk producers.

Chamundeshwari MLA G.T. Devegowda, who is also the Karnataka Co-operative Federation Chairman, said that ‘Sahakara Ratna’ award that has been conferred posthumously on actor late Puneeth Rajkumar, will be presented to his wife Ashwini at the late actor’s residence at Bengaluru. Pointing out that as Ashwini expressed her inability to attend the programme for receiving the award bestowed on her husband, Devegowda said that the award will be presented to her.

The MLA later presented a memorandum containing a charter of demands of the Co-operative sector to the Chief Minister, which chiefly included introduction of Co-operative lessons in academic curriculum, exemption of stamp duty for Co-operative societies, depositing Government funds in District Co-operative Banks which are doing well and appointment of Co-operative diploma qualified candidates in Co-operative sector,  among others.

Former Union Minister D.V. Sadanandagowda, Ministers Araga Jnanendra, Govind Karjol, Bhyrathi Basavaraj, Dr. K. Sudhakar, K. Gopalaiah and Anand Singh, Co-operative Department Principal-Secretary Umashankar and a host of other officials were present.

ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 45 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

CONTACT

Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]