Tag: Ponnampet

OPINION: Kodagu needs state-of-the-art garbage recycling plants

(Garbage menace in Ponnampet. Photo: Kambiranda Bopanna)

By Hareesh K G

‘Use and throw’ has become the mantra of modern-day consumerist world. Things are no different in Kodagu either. For the last 15 years, the garbage problem is on a rise in the district. Much of this credit goes to tourism boom.

Garbage issue which was first witnessed in Madikeri has now spread its tentacles all over the district. People from border areas of Kerala dumping waste in our reserve forests are not a new phenomenon anymore. If one visits Perumbadi and Makutta, we can understand the severity of this problem along the highway. In all the big and small towns garbage menace has become quite common. With no proper recycling measures in place, it is getting worse by the day.

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Did you know? Corporation Bank was the first bank to open a branch in Kodagu in 1934

Corporation Bank’s Madikeri branch along College Road. (Photo: Abhinav Shetty)

Kodagu Connect News Network

MADIKERI: Did you know? Corporation Bank was the first to open a branch in Kodagu in 1934. The first branch was inaugurated in Madikeri (Mercara then) on November 14, 1934.

Till Corporation Bank started operations in Kodagu (Coorg then), the planter community and local businessmen had to go all the way either to Bangalore, Mysore or Madras for their banking needs. It remains a puzzle why it did not occur to other banks to open a branch in Madikeri till 1934. Some say it could be because many were frightened of rumours about the prevalence of malaria in Kodagu. After opening its first branch in Madikeri, the Corporation Bank opened its second branch in Virajpet on July 7, 1935.

Mid-1930s were crucial times. It was a period when trade was in the grip of depression with a steep fall in the prices of coffee and cardamom. Money was dear. But it was at this time the Corporation Bank started doing business of every banking description such as issuing of remittance both by mail and telegram, collecting and discounting cheques and bills, and accepting deposits, and also making advances on approved securities at reasonable rates of interest. Corporation Bank’s service to the planters and business community in Madikeri infused confidence in towns such as Virajpet, Somwarpet and Ponnampet. Subsequently, branches were opened in small towns across the district.

(Source: ‘Corporation Bank – A Corporate Journey’ by M V Kamath)