District Collector M. Ravi Chandra called upon the bankers to focus on loan recovery to pressure on the need for realizing the revised guidelines framed by the State government with regard to community-based recovery mechanism this Thursday. Addressing the bankers meet here, Mr. Ravi Chandra said that members of some self-help groups (SHGs) invested the linkage loans in non-productive sectors, due to which problems occurred by the time of recovery. He said that the revised recovery mechanism would help the bankers recover the loans completely. Explaining on this, he said that there is no compromise on loan recoveries and we are ready to implement Revenue Recovery Act and other methods to ensure 100 per cent recovery of the loans. Advising the bankers to assign loans to groups that take up productive works, he felt that there was a need to find out some projects for the SHGs, which would help the groups make better use of the linkage loans. He said that the State Bank of India and the State Bank of Hyderabad were observing loan recovery from 15 to 30 of every month. Other bankers can also follow these two banks to focus on debt recoveries. DRDA Project Director K. Madhukar Babu and lead bank manager S. Jagannadha Raju were present.
In the purview of Jawaharlal Nehru Technological University Kakinada, some more additional colleges will be started very soon. With the assistance from other universities, Professional Educational Technical Universities will be linked with JNTU-K and orders have been passed by Chief Secretary of Stat...
In the State Level Women’s Hockey Championship Competition which was conducted recently in Ananthapur District, students from PR Government Degree College (Autonomous) achieved championship trophy in state level. In order to appreciate their success a program was conducted in PRG College this T...
The weather report for Kakinada today – July 23th, 2010 is likely to have moderate rain, Cloudy with slight chance of showers or thundershowers. Windy at times with an average degree of 29°C, visibility is at 4km, relatively humidity in the air at 80%. Morning: Speed of wi...
State-level photography competitions will be conducted in association with the Department of Information and Public Relations. These competitions will be conducted to mark the World Photography Day on August 19. Those who wish to send their entries have to take photographs on topics including Rajiv A...
Struggle Committee Against Coastal Corridor and KSEZ extended union to the fight against the setting up of thermal power station at Sompeta of Srikakulam District this Friday. A meeting was held under the leadership of the committee's convenor P. Tanya. This committee is a frontal organization of...
Urology wing of the Government General Hospital (GGH) is now working full-fledged and services are being rendered to people suffering from kidney and liver diseases said Hospital Superintendent M.B.R. Sarma. Addressing a press conference here, Dr. Sarma said that the urology wing suffered a setback i...
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