Ongoing developmental work to continue: Thakur

Bangalore, Nov 30 (UNI) Karnataka Governor Rameshwar Thakur today asserted that ongoing developmental activities will continue in full swing for which there will be no paucity of funds.

Speaking to newspersons here after presiding over the first meeting of the Executive comprising advisors, he said focus would be laid on completion of various ongoing activities aver the next four months to meet the target. Review meetings of officials at district level would be held to expedite implementation of projects.

To queries, he said Prime Minister Manmohan Singh and Finance Minister P Chidambaram had assured him of all assistance for implementation of developmental schemes.

The State Chief Electoral Officer had been asked to complete the revision of electoral rolls by January-end. The ultimate objective was to ensure free and fair elections, he said, adding the administration would also strive to maintain law and order situation.

The Executive approved the recommendations of Vaidyanathan Committee Report on co-operative credit restructuring. The state would soon sign a Memorandum of Understanding with the Centre and the National Bank for Agriculture And Rural Development to provide financial stability to district and village-level credit cooperative societies.

The Executive decided to direct District Deputy Commissioners to screen only eligible families for issue of Below Poverty Line (BPL) ration cards.

It also approved release of Rs five crore to Karnataka Information Technology Venture Fund (KITVEN) for the second fund which would have Rs 25 crore.

Emphasis should be given to assist entrepreneurs in tier II cities. The first fund of Rs 15 crore had been fully utilised and the state would benefit by around Rs 34 crore from the investments made in about 17 companies.

He said the executive also decided to extend the time limit for the Third Finance Commission to June 30 to submit its report. The Commission, which had sought extension of up to 15 months, was to submit its report today.

UNI