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Kerala Financial Corp crosses ₹5,000-cr mark in loan assets - The Hindu BusinessLine

Kerala Financial Corp crosses ₹5,000-cr mark in loan assets February 23, 2021 × Kerala Financial Corporation, a leading State Financial Corporation, has surpassed a historic milestone of ₹5,000 crore in loan assets with the December 31, 2020-number clocking in at ₹5,022 crore, a whopping 176 per cent increase over the previous year’s ₹2,838 crore. “We have achieved the highest growth among all government-owned State Financial Corporations in the country,” said Tomin Thachankari, Chairman and Managing Director. This has surpassed expectations and has been facilitated by fresh loan sanctions of ₹3,385 crore so far in the current financial year. Lending more despite pandemic Total loan disbursals of ₹798 crore during the previous year have galloped to ₹2,935 crore during the period under reference. The performance is especially impressive since it was achieved at a time when banks and financial institutions have been reluctant to sanction loans due to the pand

Kuttanad farmers gear up for paddy harvest

Kuttanad farmers gear up for paddy harvest Updated: Updated: More than 29,000 ha under paddy cultivation in Alappuzha in ‘puncha’ season Share Article Farmers in Kuttanad are gearing up for the harvest of the ‘puncha’ crop (first crop). According to the Agriculture Department officials, the harvest will begin later this month. Farmers have undertaken paddy farming in more than 29,000 hectares in the district this season, a major portion of which is in Kuttanad. “Preparations for the paddy harvest have begun in the district. A meeting to be attended by District Collector A. Alexander is scheduled for February 12. Representatives of farmers, combine harvester machine agents and others will attend the meeting. Steps will be taken to bring combine harvesters from neighbouring States,” said an official of the Agriculture Department.

Food coupons to be given to students

Food coupons to be given to students Updated: Updated: Can be redeemed at nearest Supplyco outlet to get food grain Share Article Can be redeemed at nearest Supplyco outlet to get food grain Instead of kits, food security allowance for the months from September last to this March in the 2020-21 academic year for all students eligible for mid-day meals will be distributed in the form of coupons. The government has issued orders sanctioning the distribution through Supplyco outlets on production of the food coupons. Food kits were distributed as food security allowance to students through Kerala State Civil Supplies Corporation (Supplyco) for the months of June, July, and August.

Food kit distribution through ration shops affected in Kerala due to EPoS network outage

Food kit distribution through ration shops affected in Kerala due to EPoS network outage Updated: Updated: January 27, 2021 14:16 IST Minister for Civil Supplies P. Thilothaman said that the technical team had been apprised about the network issue. Share Article Free ration distribution through public distribution system outlet in Kochi. File   | Photo Credit: Thulasi Kakkat Minister for Civil Supplies P. Thilothaman said that the technical team had been apprised about the network issue. Technical glitches in the Aadhar-based Electronic Point of Sale (EPoS) machines affected the Public Distribution System in the State as supply of food grains came to a halt on Wednesday morning. Distribution of food kits as well as the monthly allocation of grains was affected due to network issues, which prevented authentication of the consumers.

Technical glitches halt supply of food kits

Technical glitches halt supply of food kits Updated: Updated: Second phase of distribution of free food kits had begun on January 23 Share Article Second phase of distribution of free food kits had begun on January 23 Technical glitches in the Aadhar-based electronic Point of Sale (EPoS) machines affected the Public Distribution System in the State as supply of food grains came to a halt on Wednesday morning. Distribution of food kits as well as the monthly allocation of grains was affected due to network issues, which prevented authentication of the consumers. “The system was working fine till 10 a.m. We had managed to distribute food kits to a few people in the morning. But after that, we have been unable to get connected to the server. The server has gone down intermittently in the past too,” said the owner of a rationshop at Kuravankonam in the capital.

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