Savings prevented India from global recession'

September 21, 2012

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Mangalore, September 21: Indians were able to overcome global economic recession due to their savings said Rajya Sabha MP and Chairman of Parliament Standing Committee for Human Resources Oscar Fernandes.

He was speaking after distributing uniforms to the members of Self-Help Groups organised by Navodaya Grama Vikasa Charitable Trust on Friday at Loyola Hall here.

“Self-Help Groups (SHGs) play a crucial role in empowering women. These Groups were succeeded in developing personality of women and also instilling leadership qualities in them” he said.

He said “late Prime Minister Rajiv Gandhi believed women folks can be empowered through Panchayathraj system. Thus, 33 per cent reservation was given. Now it is 50 per cent.” Women also repay the loans taken from banks promptly, he said.

He also appreciated the efforts of SHGs for implementing Right to Education Act.

Mangalore MP Nalin Kumar Kateel also spoke. Navodaya Grama Vikasa Charitable Trust Managing Trustee and SCDCC Bank Chairman M N Rjaendra Kumar presided over the function.

Earlier, five women hailing from different community and members of SHGs inaugurated the programme. The uniforms were distributed to 12 women SHGs and four men SHGs.

Entrepreneur Rohan Monteiro, Directors of SCDCC Bank and others were present.


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News Network
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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