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4 lakh houses will be built in Karnataka for the underprivileged: UT Khader

coastaldigest.com news network
December 10, 2018

Mangaluru, Dec 10: Urban development and housing minister UT Khader has said that the state government would build four lakh houses across Karnataka for the underprivileged sections of society, of which one lakh will be built in Bengaluru.

Affirming the Karnataka government’s commitment to the housing sector, he said that the government would render the process to obtain clearances for builders and developers simpler by introducing a single-window clearance system for no-objection certificates and licences. “This will be launched by chief minister HD Kumaraswamy in Bengaluru on December 15,” Khader said.

The minister said that he was looking to collect feedback to help improve living experience in urban spaces in the state. “As soon as I took charge of the urban development and housing department, I instructed officials to eliminate all middlemen and stressed the role of efficiency,” said Khader.

Elaborating on the nitty-gritty of the single-window system, Khader said, “The mechanism is supported by a software that will prevent builders from having to run from pillar to post to seek approval. Once the application is submitted to the system, the applicant will know if it has been accepted or rejected within seconds. The date of inspection will be sent to the applicant in 15 days, and the inspection itself will be completed within 30 days of the application’s submission.”

He said the government had identified an area of 1,000 acres in Bengaluru to construct one lakh houses for economically weaker sections of the society. “The CM will lay the foundation stone for the project on January 26,’ said Khader.

Comments

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Hasan Zain
 - 
Monday, 10 Dec 2018

Great news for underprevilaged if it is completed on time as per announced. But sir what about middle Class, those who are living for ages and pay tax for their properties and still getting hard for ownership (Living on Atikraman Lands) especially in coastal karnataka. 

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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coastaldigest.com news network
July 28,2020

Mangaluru, July 28: A screenshot of a death threat message against IAS officer Sindhu B Rupesh, the deputy commissioner of Dakshina Kannada, is now going viral on social media.

The threat comes in the wake of the Deputy Commissioner’s warning against attack on cattle traders by anti-social elements ahead of Eid al-Adha. 

It is learnt that a discussion was held about DC’s warning in a pro-Hindutva WhatsApp group. The death threat was issued in the same group in Tulu language. 

A police officer said that if the deputy commissioner doesn’t lodge a complaint, the police will file a suo motu case in this regard.

Also Read: Sindhu B Rupesh transferred; Dr Rajendra K V is new DC of Dakshina Kannada

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coastaldigest.com news network
May 24,2020

Udupi, May 24: Three among the 18 coronavirus positive cases reported in Udupi district today were policemen. 

A police constable of Karkala Rural Police Station and ASI of Ajekar Police Station were tested positive for COVID-19 on Sunday and authorities have taken steps to seal the Police Stations they were working. A policeman from Brahmavar police station also tested positive.

The district administration reported seal Karkala Rural Police station, Ajekar Police Station, and Brahmavar Police Station. Apart from them Karkala Town Station and Circle station are being sealed. All the policemen and policewomen working in these five stations will be quarantined.

Superintendent of Police N Vishnuvardha said that ''all the primary contacts of the police officers who were tested positive will undergo screening and their swabs will be collected and sent to Lab for test.''

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