Curbs on co-op banks hit dairy farmers hard

December 7, 2016

Bengaluru, Dec 7: The Reserve Bank of India's (RBI) decision to keep cooperative banks out of the demonetisation scheme has hit dairy farmers hard in the state. Majority of the farmers has not been able to access money earned by them by supplying milk to the cooperative societies.

dairy
The RBI has in its circular dated November 14, 2016 barred cooperative banks from conducting any transaction under the demonetisation scheme. About 60% of the total 8.5 lakh dairy farmers have their bank accounts in cooperative banks. The RBI imposed this restriction following complaints that money launderers were misusing these banks.

“The village-level milk producers' cooperative societies have deposited money towards the supply of milk to the farmers' accounts. But, the farmers have not been able to withdraw money due to the RBI regulation. However, those who have accounts in nationalised banks are not facing much problem,” Karnataka Milk Federation (KMF) Director (Animal Husbandry) Suresh Babu said.

He said that Rs 249.39 crores have been deposited through electronic transfer to these societies ever since the RBI imposed the regulations. This includes payments for supplying milk from the society and Rs 4 incentive per litre of milk from the state government. The state has 14 district-level milk unions covering 30 districts. Money is deposited every week, he added.

KMF Managing Director Rakesh Singh said almost all the dairy farmers have bank accounts, and the government has been depositing Rs 4 incentive per litre of milk directly into their bank accounts. Those who have accounts in the cooperative banks are facing problem. The government has brought the issue to the RBI's notice and we hope it will come out with some solution soon, he added.

The Karnataka State Co-operative Apex Bank chairman and MLA?K N Rajanna said the RBI's decision has wrecked havoc in the rural economy. Not only the dairy farmers, almost all members of cooperative banks have been affected due to demonetisation.

The RBI is not justified in its decision to keep the cooperative banks out of demonetisation scheme. The Central bank has imposed regulation despite all the cooperative banks in Karnataka functioning as per its guidelines, he added.

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December 15,2025

Udupi, Dec 15: What was meant to be a post-pilgrimage gathering turned tragic in Padukere village of Brahmavar taluk, Udupi district, late Sunday night, when a clash among youths escalated into a fatal assault, leaving one man dead.

The victim has been identified as 30-year-old Santosh Mogaveera, a resident of Padukere.

According to preliminary information, the incident took place during a late-night drinking party involving a group of local youths who had recently returned after completing their pilgrimage to the Sabarimala shrine. An argument reportedly broke out among the group and soon escalated into a violent confrontation.

During the ensuing brawl, Santosh Mogaveera was allegedly assaulted and collapsed at the spot after sustaining serious injuries. He was rushed by local residents to a private hospital in Brahmavar, where doctors declared him dead.

On receiving information, senior police officials, including Brahmavar Circle Inspector Gopikrishna, Kota Police Sub-Inspector Praveen Kumar T, Station ASI Manthesh Jabagoudar, and head constables Pradeep and Ashok, visited the spot and conducted an inspection.

Police have taken four youths into custody in connection with the incident. A case has been registered at the Kota police station, and further investigation is underway to ascertain the exact sequence of events leading to the death.

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News Network
December 19,2025

Mangaluru: Public transport in Mangaluru is set for a state-led transformation as the government moves to deploy 100 new electric govt buses to replace unreliable private services. The initiative aims to provide a dependable alternative to private operators who have been frequently "cutting trips," leaving thousands of commuters stranded.

The announcement was made by Deputy Commissioner and MCC Administrator Darshan HV during a public phone-in session. The move specifically targets routes where private bus service has become erratic, ensuring that citizens no longer have to rely on a fluctuating private sector for their daily commute.

Restoring the Govt Presence

The transport crisis was brought to the forefront by Ramayya, a resident of Bajal, who highlighted a growing trend of private buses skipping morning and night trips. With the previous KSRTC (govt) services discontinued, residents have been left without a fallback option.

To fix this, the DC confirmed that the PM-eBus Sewa Scheme will bring 100 government-owned electric buses to the city:

•    Phased Deployment: The first 50 of the new 100 government buses are scheduled to arrive by March 2026.

•    State Infrastructure: Two new government depots, including one at Mudipu, are being prepared for operations.

•    Recruitment: The state has already begun training a new batch of government bus drivers to ensure the fleet is operational the moment it arrives.

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December 19,2025

Mangaluru: The Mangaluru CEN police have arrested a 23-year-old man for allegedly posting provocative and misleading content on an Instagram page named “mr_a_titude”, targeting the Bajpe police.

Mangaluru Commissioner of Police Sudheer Kumar Reddy C H identified the arrested as Abhishek M, a resident of Katipalla in Mangaluru.

A case has been registered at the Bajpe Police Station under Sections 353(1)(c), 353(2), 56, and 57 read with Section 189 of the Bharatiya Nyaya Sanhita (BNS) in connection with the post.

According to police, the accused uploaded a photograph of a hotel on the Instagram page and alleged that accused persons in a murder case under the Bajpe police jurisdiction were being given “royal treatment” by the police, including being served beef meals daily from the hotel.

The post further accused the police of supporting criminals, misusing their authority, and betraying public trust. Police said the content was provocative in nature and aimed at inciting public outrage against the police.

Following the post, a case was registered at the Bajpe police station, and further investigation was transferred to the CEN police station.

Police records indicate that the accused has a criminal history, with multiple cases registered against him, including murder, attempt to murder, assault, and robbery at the Surathkal Police Station, and one case at the Kaup Police Station.

The Commissioner said the accused was traced and arrested using technical evidence.

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