CET loan scheme for 5,000 minority students

January 26, 2015

Udupi, Jan 26: With the intention of giving interest-free loans to minority students having secured high ranks in CET examination, Karnataka Minorities Development Corporation has decided to extend the scheme for 5,000 students this year for professional studies. A sum of Rs 75 crore has been allotted for this purpose, said chairman of the Corporation S Y M Masood Faujdar.

Addressing a press conference here on Sunday, he said that the state government having sanctioned a grant of Rs 172 crore for Minorities Development Corporation in the previous budget, a proposal had been submitted to the government to sanction a grant of Rs 500 crore in the next budget.

He said that it had been decided to provide loans upto Rs 699.05 lakh to 2,498 beneficiaries in Udupi district for the year 2014-15. A total of Rs 880.46 lakh had been distributed as loans and allowances to 3,605 beneficiaries upto December 2014, he said, adding that a financial progress of 126 percent had been achieved.

He informed that a sum of Rs 250.69 lakh had been released for 1,326 beneficiaries from Muslim community, Rs 578.15 lakh for 2,111 beneficiaries from Christian community and Rs 15.62 lakh for 168 beneficiaries from the Jain community. For the year 2014-15, a sum of Rs 58,91,588 has been re-approved for loans, he said.

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Major facelift for Mangaluru's sporting heart: Mangala Stadium set for 2-month closure to upgrade synthetic track

News Network

December 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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