Monday, May 16, 2011

BJP government sanctioned Rs. 185 crore for minority development

BJP government sanctioned Rs. 185 crore for minority development: "N.B.Abubakker, the president of the Karnataka Minorities Development Corporation Ltd., said that minorities have got more benefits after the BJP came to power. He was addressing reporters at a press conference held at Circuit House on May 3, Tuesday."

Mangalore(Karnataka):N.B.Abubakker, the president of the Karnataka Minorities Development Corporation Ltd., said that minorities have got more benefits after the BJP came to power. He was addressing reporters at a press conference held at Circuit House on May 3, Tuesday.

Providing further explanations, he said that the BJP Government has sanctioned funds and loans at lower rates of interest to minorities, amounting to 10 times the funds sanctioned by previous governments. While previous governments had earmarked Rs. 14 crore for minority development, the BJP government has sanctioned Rs. 185 crore.

Speaking of how the government is generating job opportunities, he said that the government is using NIIT schemes to provide job opportunities in IDB Bank and ICICI Bank. Around 60 candidates are likely to receive jobs in 2010 – 11, and candidates with BCom, MBA, and accountancy qualifications can apply for the post. The government will provide 3-month training at centers such as Belgaum, Mysore, Bangalore and Gulbarga. The minorities’ corporation will provide the training fee of Rs. 55,000 as a loan at 2 percent interest and will provide permanent jobs to the candidates in banks after six months. The candidates can then repay the loans at the rate of Rs. 5000 per month.

Regarding the success of the same scheme last year, he said that 10 candidates received jobs in banks last year. Of the 18 candidates who applied, only 10 turned up for the exams and are now receiving salaries of Rs. 20,800 per month. Six of these candidates were from Mysore, 2 were from Mangalore, 1 was from Sirsi, and one was the Gulgarga. While six of the candidates were women, four were men.


He also said that the corporation will provide loans of Rs. 2,50,000 to farmers to purchase agricultural land. While repayment of 50 percent of the loan will be borne by the government, farmers will have to pay 50 percent of it within 10 years at the rate of 6 percent in 20 installments. Beneficiaries will also receive loans of Rs. 1 lakh to Rs. 3 lakhs at 4 percent interest to purchase 3 cents of land for the construction of houses. If the beneficiaries already own land, they will be given loans for constructing houses at 4 percent interest, which should be repaid in 36 to 60 installments. He added that silk growers will receive loans of Rs 1 lakh each.

Further, he said that the government has sanctioned Rs. 50 crore for the development and repair of Christian institutions and churches, adding that the head office of the Minorities Corporation will be soon computerized. According to a government order, 80 percent of the fund is allocated to Muslims, 10 percent to Christians, and 10 percent to other groups.

Corporation members such as Abdul Kunni, Fazeel Asaigoli, Arif, and others were also present.