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Loans will be provided to buy either an acre of irrigated land or two acres of dry land
Loan recovery has improved after I took charge, claims KMDC chairman Aboobakkar
Announcing schemes:Chairman of the Karnataka State Minorities Development Corporation
Chitradurga: Chairman of the Karnataka Minorities Development Corporation N.B. Aboobakkar has said the Government has introduced the Krishi Bhoomi Kharidi Scheme for landless religious minorities in the State.
Addressing presspersons here on Wednesday, he said that under the scheme, the Government would offer loans of Rs. 2.5 lakh to landless minorities at 6 per cent interest with 50 per cent subsidy to buy either an acre of irrigated land or two acres of dry land.
As it was a newly-launched scheme, people were gradually coming forward to apply for it, he said, adding that of the seven districts he had visited so far, each had received six or seven applications.
Claiming that the Bharatiya Janata Party Government had released Rs. 392 crore to the corporation, he said never in the past had any Government allocated such a large amount.
Mr. Aboobakkar stated that the corporation had launched a scheme to offer jobs to graduates in the banking sector. Under the scheme, he said, graduate students from minority communities were given Rs. 65,000 at 2 per cent interest to undergo training in banking at a private computer training institute.
“Once the course is over, the corporation ensures that they get jobs in multinational banks such as IDBI or ICICI. Last year, we got 10 persons appointed to these banks, six of them female. This year, we have set a target of getting some 60 persons appointed in banks,” he said.
According to Mr. Aboobakkar, the corporation had only three schemes to offer before the BJP Government came to power. The number had now increased to 15.
The chairman said that in addition to opening offices in all districts of the State, the corporation would modernise its head office in Bangalore.
With regard to loan recovery, he said it had improved after he took charge.
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