CG-06, Mahasamund

Tribal students benefit from Chhattisgarh Govt.'s 'Hostel Scheme'

Raipur, Dec 20: In its endeavor to promote literacy in the State, particularly tribal children, the Chhattisgarh Government has launched a 'Hostel Scheme' in several interior villages.

The literacy rate is comparatively quite low in several villages of the State.

Education is imparted from Class 1 to 8 under this scheme, and the Government has set up around 110 hostels in Mahasamund District, where more than 5,000 students are presently enrolled.

KSK Mahanadi Power Signs 121.4 Billion Rupee Funding

KSK Mahanadi Power Co., a unit of KSK Energy Ventures Ltd., signed a 121.4 billion rupee ($2.6 billion) 17-year project financing loan to fund a power venture.

The term financing pays interest of 4.75 percentage points more than State Bank of India’s base rate, according to data compiled by Bloomberg. Rohit Mathur, the Hyderabad-based spokesman of KSK Energy Ventures, declined to comment.

Chhattisgarh farmers not keen on bamboo cultivation

Chhattisgarh is facing difficulty in finding farmers who are ready to take up bamboo cultivation in the state under National Bamboo Mission.

The insufficient grant given to the farmers to cultivate bamboo was cited as one of the reasons for the reluctance. The National Bamboo Mission (NBM) is mooting a proposal to increase the grant given to the farmers, a senior officials with the mission said.