Finance Minister K.N. Balagopal on Friday (October 31, 2025) announced that all welfare schemes declared by the State government would come into effect from November 1. He said that an order to that effect had already been issued.
The Minister was inaugurating the Women Investorās Meet organised by the Kasaragod district panchayat and the District Industries Centre at Kanhangad.
Mr. Balagopal said loans of up to ā¹50 crore would be provided at reduced interest rates for setting up convention centres and urged women to utilise the āWork Near Homeā scheme to start enterprises close to their residences.
He added that 62 lakh people would benefit from welfare pensions, including 32 lakh women, while five lakh youth would receive scholarships. āThe welfare schemes are designed so that each household receives assistance of up to ā¹7,000,ā he said.
Women entrepreneurs P.K. Uma, T.K. Sreelatha, and M.T. Sujatha were felicitated. The event was presided over by MLA E. Chandrasekharan.
Published ā October 31, 2025 11:10 pm IST
