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.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

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.

Important takeaways for all competitive exams:

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

Find More State In News Here

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.

Recent Posts

UTC Full Form, Know Its Meaning, History and Significance

Coordinated Universal Time (UTC) is the world's main time standard used to keep clocks and…

8 hours ago

In Which State is Sitanadi Wildlife Sanctuary Located?

The Sitanadi Wildlife Sanctuary is one of the many beautiful wildlife areas in India. It…

9 hours ago

India’s National Critical Mineral Mission for Sustainable Future 2025 Launched

India's green energy ambitions hinge significantly on the availability of critical minerals, indispensable to technologies…

9 hours ago

Kerala & Tamil Nadu Unite for Nilgiri Tahr Census 2025

In a major collaborative conservation effort, the states of Kerala and Tamil Nadu are set…

9 hours ago

Hyderabad to Host STREE Summit 2025 on Women’s Safety and Empowerment

The Hyderabad City Security Council (HCSC) is preparing to host the second edition of the…

9 hours ago

Introduction of Best Stunt Design Category at the 100th Academy Awards (2027)

The Academy of Motion Picture Arts and Sciences has officially announced a significant and long-awaited…

10 hours ago