Siddaramaiah urges banks to lend more to education, housing sectors

May 26, 2017

Bengaluru, May 26: Chief Minister Siddaramaiah has urged the commercial banks to lend more to housing and education sectors as disbursement in these two areas has declined over the past two years.

Speaking after launching the state credit plan for 2017-18 in Bengaluru, Siddaramaiah noted that disbursement under housing loan portfolio has come down from Rs 9,061 crore in 2015-16 to Rs 5,916 crore in 2016-17.

Similarly, the disbursement under education loan portfolio has also come down from Rs 2,248 crore in 2015-16 to Rs 1,639 crore in 2016-17, he said and urged banks to look into the issue.

Siddaramaiah said the total priority sector credit disbursement for the fiscal has been projected at Rs 1.6 lakh crore in which the share of agriculture credit amounts to Rs 86,690 crore constituting 54.17%. He urged banks to assist farmers in drought affected areas, extend relief measures and grant fresh loans.

The plan is prepared by Syndicate Bank (the lead bank) for the State Level Bankers’ Committee.

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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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