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Monday, 27 February 2012
Kerala Lottery to cross Rs 1250 cr turnover
T H I R U V A N A N -
THAPURAM: The Kerala
State Lotteries islikely to
attain a turnover of Rs 1250
crore in this fi scaldespite encountering
severe adversities
posed by illegal lottery
traders, Kerala Chief Minister
Oommen Chandy said.
Speaking at the inauguration
of Karunya Benevolent
Fund here, Chandy said the
total turnover of Rs 557
crore of previous year was
already crossed by the department
this year. Claiming
that the banning of interstate
lotteries had helped
increase the revenue of Kerala
State Lotteries, he said
the new lottery policy of the
Congress-led UDF Government
had helped stopping
money fl owing outside the
State.
The Chief Minister said
the Government would do
everything possible to prevent
the lottery lobby from
gaining a foothold in the
sale of other state lotteries.
The new lottery policy could
create job opportunities for
over two Lakh unemployed
youth and provide fi nancial
assistance to poor victims of
deadly diseases, he said.
‘The department’s measures
against illegal traders
and major agents who monopolised
the market helped
the poor and handicapped
who earn a living through
lottery sales,’ he said. The
department now rolls out
seven weekly lotteries,
namely Pratheeksha, Dhanasree,
Win-Win, Akshaya,
Bhagyanidhi, Karunyaand
Pournami. Six bumper lotteries
are also held in a year.
Karunya Lottery, announced
by Finance Minister
K M Mani in his fi rst
budget, was well received
by the public.
The profi t from the sale
of Karunya is intended to
help poor patients suffering
from ailments like cancer
and kidney diseases, he said.
‘Karunya even attracted
those who were not in the
habit of trying their luck,’ he
added.
Finance Minister K.M.
Mani said that the income
from KarunyaLottery would
be used to provide assistance
for treating victims of cancer,
kidney disease and other
serious ailments.
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