Competitive populism by offering financial benefits to the northeastern state’s 27 lakh microfinance borrowers has turned out to be major poll plank. It’s the opposition Congress which first promised waiver of loans taken from these institutions if the party is voted to power, with the incumbent Bharatiya Janata Party matching it.
Jewellery saw the biggest spends on CMS channels with a total value of ₹651 crore in the month of December, compared with ₹541 crore in January last year. Ecommerce transactions continued their bumper ride with payments totalling ₹430 crore in December, compared with ₹366 crore in January last year.
Chief Minister BS Yediyurappa performed the ground-breaking at the site, on Saturday, for the toy cluster being developed by Aequs Group, promoted by Aravind Melligeri, an entrepreneur hailing from the region. Melligeri is a co-founder of Quest Global, a multinational conglomerate which runs its SEZ in aerospace manufacturing in Belgavi district.