“We have decided to scrap the House Building Allowance and other loan scheme to the MLAs and ministers. The ministers and MLAs of the House are entitled for Rs 30 lakh as housing loans and Rs 15 lakh as car loans. From 2016 to 2019, the Assembly has disbursed Rs 5.05 crore for housing loans and Rs 4.67 crore as car loans. The State government has Rs 300 cr as the bank guarantee with the Bank of India, which would be withdrawn. “The bank guarantee issued shall be withdrawn in a phased manner within a period of one year i.e.
Source: The Herald September 22, 2020 19:07 UTC