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

Safe Highway Travel is Fundamental Right Under Article 21, Rules Supreme Court

The landmark ruling came as the Honorable Supreme Court of India has declared that safe…

2 hours ago

What is the Official Language of West Bengal?

West Bengal is one of the most culturally rich states in India. It is famous…

2 hours ago

India and New Zealand Sign Landmark Trade Deal to Boost Investment and Exports

The India-New Zealand Free Trade Agreement was signed at the Bharat Mandapam in New Delhi.…

2 hours ago

World Day for Safety and Health at Work 2026: Focus on Safer Work Environments

The World Day for Safety and Health at Work 2026 is observed on the 28th…

3 hours ago

Which Mountain is known as the Backbone of India?

India has many mountain ranges that shape its land, climate and rivers. These mountains act…

18 hours ago

ISSF Junior World Cup 2026: India Leads Medal Tally with 16 Medals in Cairo

India has delivered the strong performance at the ISSF Junior World Cup 2026 in the…

20 hours ago