The Karnataka Silk Industries Corporation (KSIC) has decided to give Rs. 90 lakh to the State government for providing compensation to farmers who are in deep crisis owing to adverse climatic conditions, its Chairman D. Basavaraj has said.
Speaking to reporters here on Sunday, he said in the current financial year the corporation recorded a transaction of Rs. 146.42 crore, with a total profit of Rs. 27.50 crore.
The transaction target for the next year is Rs. 160 crore. “Keeping the condition of farmers in view, the corporation has decided to give Rs. 90 lakh towards compensation to farmers,” he said.
Since the corporation is celebrating its centenary, postal stamps Rs. 5 lakh were released and an exhibition was organised in Bengaluru displaying silk sari designs produced since 1960. There were also plans to open a KSIC outlet at Bengaluru International Airport and other major districts of the State that have high demand for KSIC products, he said.
There were also plans to conduct more exhibition-cum-sales of KSIC products to boost its sale and create awareness about the brand in different parts of the country. There will be a 30 per cent rebate on KSIC products at the exhibitions.
Rape remark
Commenting on the shocking response on rape cases by Leader of Opposition in the Legislative Council K.S. Eshwarappa, Mr. Basavaraj said the statements showed the culture of the BJP and their respect for women. In the past also some BJP leaders were caught red-handed by the media watching some vulgar videos. There were many instances wherein the BJP leaders were caught misbehaving with women during the BJP rule in the State, he alleged.
Mr. Basavaraj demanded legal action against Mr. Eshwarappa for issuing such irresponsible statements and sought a public apology from him.
In the current fiscal the KSIC recorded a transaction of Rs. 146.42 crore, with a profit of Rs. 27.50 crore
