Karnataka budget 2023: Interest-free loans, self-employment and other Welfare Schemes for minorities

News Network
July 7, 2023

CMSiddu.jpg

Bengaluru, July 7: Karnataka Chief Minister Siddaramaiah presented his 14th Budget today. The budget this year poses a unique challenge to Siddaramaiah in mobilising resources for the implementation of the Congress’s five guarantees while making space for other development works. 

Here are the Welfare Schemes for Minority Communities announced by the CM in the maiden budget of the new Congress government. 

-- Rs 50 crore will be provided to protect and develop 40,000 Wakf properties in the state

--Interest-free loans will be provided to the tune of Rs. 20 lakh to minority students to pursue graduate and postgraduate courses in prestigious foreign universities with a global ranking of under 250.

-- To promote self-employment opportunities, for the loan amount availed from the banks, a subsidy up to 20% of the loan amount up to a maximum of Rs.1 lakh will be provided to 10,000 unemployed youth belonging to minority communities.

--A new scheme 'Swawalambi Sarathi will be introduced to encourage self-employment of the unemployed youth belonging to Minority communities. Under this, a subsidy of 50% up to a maximum of Rs. 3 lakh will be provided towards purchase of four wheeler vehicles.

--Rs 54 crore alloted for the construction of all the 126 incomplete Shadimahals and Community halls

-- A loan of Rs. 1 lakh per annum at a subsidized interest rate of 2% will be provided to minority students under the 'Arivu' - educational loan scheme. The eligible beneficiaries will be students who get admission through CET to 28 professional courses such as Engineering, Medical, etc. During the financial year, Rs. 75 crore will be reserved for this scheme.

--Language labs will be established at a cost of Rs. 5 crore in all the Minority Morarji Desai Residential Schools to improve Kannada and English language skills of students belonging to minority communities.

--Skill development training of minority youths will be started in the districts of Ramanagar, Belagavi, Davangere, Kalaburagi and Dakshina Kannada at a cost of Rs. 4 crore.

--A grant of Rs. 8 Crores will be provided to impart training through prestigious institutions for two years for the students studying in minority pre-university residential colleges in order to prepare them for NET, JEE, CET and other entrance examinations.

--A ten month residential coaching program for IAS/KAS and other competitive exams will be offered to the minority aspirants in Haj Bhavan, Bengaluru, in collaboration with reputed coaching institutions.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 21,2025

Tejas.jpg

An Indian Air Force (IAF) Tejas fighter jet crashed on Friday, November 21, afternoon during its aerial demonstration at the Dubai Air Show, plunging to the ground at around 2:10 pm local time while performing a manoeuvre before thousands of spectators.

The IAF confirmed the incident, stating that a Tejas aircraft participating in the show had crashed and that further details were being gathered. An Air Force spokesperson said more information would be shared after initial assessments.

The crash sent thick black smoke billowing into the sky near the airport, causing panic among visitors, including families and children who had gathered to watch the display. Authorities have not yet confirmed whether the pilot managed to eject before the aircraft went down. Emergency response teams rushed to the scene, and officials have not released information on casualties or damage so far.

The Tejas is a 4.5-generation, multi-role fighter aircraft developed indigenously by Hindustan Aeronautics Limited (HAL). Designed for versatility, it is capable of offensive air support, close combat, ground attack missions and maritime operations. The aircraft family includes single-seat fighters and twin-seat trainers for both the Air Force and Navy.

HAL describes the latest version, the LCA Mk1A, as the most advanced in the series, featuring an AESA radar, an upgraded electronic warfare suite with radar-warning and self-protection jamming, smart multifunction displays, a digital map generator, a combined interrogator–transponder system and a modern radio altimeter. These enhancements significantly improve the aircraft’s combat capability and survivability.

Further updates from IAF and UAE authorities are awaited.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 22,2025

Udupi, Nov 22: The Prime Minister’s Office (PMO) has officially confirmed Narendra Modi’s visit to Udupi on November 28 and shared his detailed schedule with the Karnataka chief secretary.

According to the itinerary, the Prime Minister will land at Mangaluru International Airport from Delhi at 11:05 am and depart for Udupi by helicopter at 11:10 am. He is expected to arrive at the Adi Udupi helipad at 11:35 am.

The earlier plan for a roadshow has been cancelled. Instead, PM Modi will proceed directly to Sri Krishna Math at 12 pm, where he will have darshan of Sri Krishna and address participants of the Laksha Kanta Geetha Gayana event.

The Prime Minister is scheduled to depart from the Adi Udupi helipad at 1:35 pm, returning to Mangaluru Airport before leaving for Goa at 2 pm.

The state administration has been directed to make all necessary arrangements for the visit.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 24,2025

Mangaluru, Nov 24: The original departure time of 11.10 pm was a distant memory for scores of Dammam-bound passengers at Mangaluru International Airport last Friday night, as their Air India Express flight was abruptly cancelled at the eleventh hour, sparking hours of frustration and chaos.

The flight, IX 885, initially scheduled to depart at 11.10 pm on November 22, was subject to two back-to-back reschedules—first pushed to 11.45 pm and then significantly postponed to 1.40 am—before the final, crushing announcement of cancellation was made. For the travellers, many of whom are likely expatriate workers with tight schedules, the last-minute change marked the beginning of a distressing ordeal.

"There was no drinking water, no food, and absolutely no proper guidance. We were left stranded like refugees," complained a stranded passenger.

According to multiple passenger accounts, the airline's ground staff failed to provide adequate support or essential amenities following the cancellation. Complaints poured in about the total absence of drinking water, food provisions, and any reliable guidance from the carrier's representatives. Travellers alleged they were left stranded for a considerable period, with no immediate arrangements or clear communication offered regarding accommodation or alternative travel to send them back home.

The incident has highlighted serious concerns over the carrier's contingency planning and customer service protocols during flight disruptions at one of India's key international gateways. The airline is yet to issue a comprehensive statement addressing the alleged lapse in passenger care.
 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.