Visakhapatnam news as on June 29, 2017

IOB launches Retail Mart

Indian Overseas Bank has launched Retail Mart at its Dwarakanagar branch. According to IOB Chief Regional Manager Ram Satyanarayana, the Retail Mart will function exclusively for sanctioning, processing and documentation of housing, vehicle and education loans and loan against property among other things according to a press release.

Chief Minister to visit Pedalabudu in August

All developmental works proposed at Pedalabudu, adopted by Chief Minister Nara Chandrababu Naidu should be completed at the earliest as he is scheduled to visit the village on August 9, said District Collector Pravin Kumar. Heads of departments should visit it every fortnight and field-level officials every week to see to it that works including toilets, farm ponds, check dams, roads, underground drainage and solid waste management units were completed by then, he said at a review meeting.

Seminar on GST

The local branch of Marwari Yuva Manch organized a seminar to create awareness on the Goods and Services Tax for entrepreneurs. About 250 participants attended the session wherein the concept of reverse charge mechanism and differ tax rates that will apply to several goods and services were explained in by Chartered Accountants Gautam Parkh and Mahesh Atal.

Vishnu Kumar Raju wants to widen scope of SIT

BJP MLA P.Vishnu Kumar Raju has demanded that the scope of SIT constituted by the government to investigate the land scams in and around Visakhapatnam has dashed the hopes of the people. SIT should also go into defrauding of farmers at Mudapaka in the name of land pooling, lands proposed to be developed by VUDA under land pooling in the other parts of the district, and complaints about private land he said today. He said if SIT was constituted to merely go into the tampering of records on government land, it had already been done by the District Collector and the SIT inquiry was an eyewash, he said