Sunday, Jan 09, 2005
Sunday, Jan 09, 2005 |
| Karnataka | ||||
|
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Classifieds | Employment | Obituary | Karnataka
By Our Staff Correspondent
BELGAUM, JAN. 8. The Karnataka State Co-operative Apex Bank Ltd. (KSCAB) will be lending Rs. 34 crores at nine per cent interest to eight cooperative sugar factories facing financial problems following the decision of the State Government to stand as guarantee for the assistance. Disclosing this to presspersons here on Saturday, the district in-charge and Minister for Agriculture, Prakash B. Hukkeri, said that the factories to get the loans are Raithara Sahakara Sakkare Karkhane, Mudhol (Rs. 4 crores), Bhagyalamshmi Sahakara Sakkare Karkhane Niyamit, Khanapur (Rs. 5 crores), Mahatma Gandhi SSK, Bhalki (Rs. 5 crores), Karnataka SSK, Haveri (Rs. 4 crores), Naranja SSK Imampur (Rs. 5 crores), Bidar SSK, Hallikhed (Rs. 5 crores), Srirama SSK, K.R. Nagar (Rs. 2 crores) and Malaprabha SSK, M.K. Hubli (Rs. 4 crores). Of these, three factories are in Bidar and two in Belgaum district. The loan amount will be released after the sugar factories submit an undertaking on repayment with interest within 120 days in six instalments for which schedules have been prepared. It will be deposited in the account that is jointly opened by the factories concerned with the jurisdictional Deputy Commissioner, he added. Mr. Hukkeri said that the Deputy Commissioner concerned has been directed to send fortnightly reports on sale of sugar and particulars of remittances to the Government.
Road repair works
The Minister directed the authorities of the Public Works Department (PWD) here to complete all the ongoing road repair works by end of March. Mr. Hukkeri said it was for the first time in the history of the department's Belgaum division that the Government was spending nearly Rs. 8.5 crores on road works in less than a year's time.
Printer friendly
page
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
