Corrupt practices by Banks The Govt of Goa through KVIC extends subsidy as a component of loans for small scale and cottage industries. The project is to be prepared at a cost to get sanction from the Govt .body and involves a lot of formalities. The Nationalised Banks willingly promote and personally encourage such activities as a part of their loan advancing strategy. They appropriate the subsidy first as installment of the total loan liability sanctioned. What is disgusting and unpardonable is the covert approach for bribes as high as 20% ,knowing that the said loan is for the purpose of development and not personal consumption on luxuries The understanding and reasoning is that it is only a part of subsidy and not the actual loan advanced. The tragedy is that after going through this rigorous painstaking, time consuming tedious process the proposals are denied, delayed and caught under administrative red tape, unless the illegal demands are satisfied. Some time the person has to suffer loss of expenditure on feasibility report or have to resubmit it to another Nationalised Bank and eventually get the sanction for the same amount as before. This corruption was known to exist, but now it is perfectly normal and appears to be confirmed beyond any doubts. Unless and until the higher ups in the management are a party to these illegal gratifications of loan sanctions, the system will continue with their blessings One dares the Authorities to investigate all such proposals sanctioned or otherwise, around the place and find out the delays, refusals and harassment by oblique means of unashamed corruption.and not to take shelter ounder proofs and identities Nelson Lopes Chinchinim 9850926276