Mangalore : New branch of Lakshmi Gold Palace belonging to Lakshmi Gold Khazaana Private Limited was inaugurated by Oscar Fernandes, president of the All India Congress Committee (AICC) at KSR Road in Kodialbail on August 25, Saturday.

Speaking on the occasion, he said that K. P. Nanjundi, president of Vishwakarma Samaj and Lakshmi Gold Palace proprietor, has established the fifth branch of Lakshmi Gold Palace in Mangalore with an aim to support the people of community with a job opportunity in the society.

He also said that Nanjundi has not opened a showroom for making money, but to gives qualitative gold at high profit to poor customers and provide education and job to the community.

He inaugurated 3 stores, including Lakshmi Gold Palace, Lakshmi Gold Loan, and Lakshmi Silk Palace in the showroom.

Here customers are free to check the quality of gold using advanced gold purity testing equipment at the outlet, he said.

MLA UT Khader, MLA Krishna Palemar, MLA Abhaychandra Jain, MLA RAmantha Rai, Former MLA Vinay Kumar Sorake and others were present.