Correspondent

It has signed an MoU with Syndicate Bank

  • 1,000 houses to be constructed this year
  • Bank to provide a loan of Rs. 20,000 to each beneficiary

    Karwar: Kadamba Pratishthan, a service organisation headed by Anantkumar Hegde, MP, will build 1,000 houses this year for families living below the poverty line.

    Addressing presspersons here on Sunday, Mr. Hegde said the pratishtan had signed an memorandum of understanding (MoU) with the Syndicate Bank for the purpose. While the bank would provide a loan of Rs. 20,000 repayable in 15 years for construction of each house, a subsidy of Rs. 10,000 would be made available under the Rajiv Gandhi Rural Housing Scheme. The pratishtan had built 1,300 houses in nine taluks of Uttara Kannada in the past two years. Karwar, Joida and Haliyal taluks were included in the project this year.

    He said a Swiss agency, which intended to implement a similar scheme in Bijapur district, had taken details of the project from the pratishtan.

    The pratishtan had developed an oven that required minimum fuel wood. This would be popularised in villages. It had plans take up biogas projects in villages, he said.

    He said the Kali valley, which was known for its rich biodiversity, had greater tourism potential. There was a proposal to develop a crocodile park and a bat park in the valley. Adventure sports such as rafting had good scope in the Kali. There was a proposal to establish a marine park in Karwar. The State Government should develop the Goa-Karwar-Hampi tourism corridor.

    Stating that there were many natural ports in the district, including Karwar, Belekeri, Tadadi and Bhatkal, he said a Parliamentary Committee would visit the district shortly to study the feasibility of developing them.

    More In: KARNATAKA | NATIONAL