Karnataka CM asks bankers to disburse loans under various schemes

News Network

February 11, 2021

Bengaluru, Feb 11: Karnataka Chief Minister B S Yediyurappa directed the bankers to disburse loans under Prime Minister's Awas scheme and Prime Minister Swanidhi scheme.

Presiding over a meeting of Bankers at Vidhana Soudha on Prime Minister Awas Yojana and Prime Minister Swanidhi, he said that applications submitted under the Prime Minister Awas scheme will be forwarded to the respective districts' Lead Banks within 15 days, the District Lead Bank Manager should send them to various banks, and directed to expedite the sanction process.

He said The Prime Minister's Swanidhi Scheme is being implemented from July 2020 with the release of grants from the Ministry of Housing and Urban Development. Under the PM Swanidhi Scheme, street vendors will have a capital investment of Rs10,000 for regular payments and 7 per cent interest rate incentives to reward digital transactions.

He said that it has been instructed to issue loans for street vendors in the city and to distribute loans.

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Mangaluru Tees Off Big: Golf Excellence Academy to Open at Pilikula

News Network

February 1,2026

The coastal city of Mangaluru is gearing up for a major sporting milestone with the launch of a Golf Excellence Academy at the Pilikula Golf Club (PGC), scheduled to open on May 31. The initiative aims to position Mangaluru firmly on India’s national golfing map.

Speaking to reporters on Saturday during PGC’s first-ever floodlit Pro-Am tournament, club captain Manoj Kumar Shetty said the project is being funded by UAE-based philanthropist Michael D’Souza and is currently in the design phase. Experts from leading golf academies across the country are expected to visit Mangaluru to help shape the training programme and infrastructure.

The academy will train 20 young golfers at a time, with a long-term vision of producing national-level players from the region. Until now, PGC relied on an in-house coach, but the recent renovation of the course and the introduction of floodlights have opened new possibilities for expanding the sport.

Shetty said discussions are underway with two reputed coaching academies, whose heads are expected to visit PGC shortly. “A dormitory for trainers is already under construction. We are inviting academies to assess the facilities and suggest changes so we can build a truly world-class Golf Excellence Academy,” he said.

Professional golfer Aryan Roopa Anand noted that the floodlit course would be a game-changer for young players. “Students can now practise after school hours, even up to 8 or 9 pm, without compromising on academics,” he said.

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