Categories: State News

Karnataka Govt launches “Arthika Spandana” loan disbursal programme

Karnataka Chief Minister, B.S. Yediyurappa has launched the “Arthika Spandana” programme of disbursing loans to the tune of Rs 39,300 crores through various cooperative institutions. Under this scheme, Rs 15,300 crores would be disbursed to the agriculture sector while a sum of Rs 24,000 crores would be earmarked for the non-agricultural sector.

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The Chief Minister, who launched the programme by symbolically handing over cheques towards loans to 50 beneficiaries, hailed the cooperative institutions for helping people during the times of COVID-19 and floods.

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Chief Minister of Karnataka: B.S. Yediyurappa; Governor: Vajubhai Vala.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.