Bearys Chamber of Commerce & Industry formally inaugurated

[email protected] (CD Network | Suresh)
December 10, 2016

Mangaluru, Dec 10: Bearys Chamber of Commerce & Industry (BCCI), a newly formed NGO that intends to create a network between businessmen across communities and countries, was ceremonially inaugurated in the city on Friday.

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B Ramanath Rai, Minister for Forest, Ecology & Environment and D.K. District in-charge, who symbolically inaugurated the elite body in the presence of a galaxy of dignitaries from the Beary community at Hotel Ocean Pearl, said that the formation of BCCI was need of the hour.

Hailing the contribution of Beary community towards the growth of business in Mangaluru and other parts of coastal Karnataka, Mr Rai said that bringing the prominent entrepreneurs of the community under one platform is a commendable move.

In his welcome address, Haji S.M. Rasheed, the founder president of BCCI, said that the non-Bearys such as Malayalis, Urdu speaking community and Navayatis also can obtain membership of the body.

The ultimate goal of the BCCI is overall development of the community and thereby contributing to the growth of the nation, he said adding that a year-long deliberation and discussion were held among entrepreneurs of the community before giving a final shape to the body.

He said that the BCCI is ready to give its membership to young entrepreneurs of the community and provide guidance. Formation of an interest-free bank is also being considered by the BCCI, he said.

Delivering the keynote address, Umar Teekay, managing director of Teekays Interior Solution Pvt. Ltd., Bengaluru, hoped that BCCI would worlk towards the overall development of the community.

He said that the Beary community should march towards development along with the support of other communities and keeping the interest of the country in mind. He said that the co-operation and unity will result in progress of the society.

Yenepoya Abdulla Kunhi, Chancellor, Yenepoya University, Mangaluru will preside over. Muhammad Imthiyaz, General Secretary of BCCI, delivered introductory remarks.

On the same occasion, Abdul Ravoof Puthige, the proprietor of Vishwas Bawa builders and founder of Talent Research Foundation, who recently bagged district level Rajyotsava award, was given a warm felicitation.

U T Khader, Minister for Food and Civl Supplies, J R Lobo, MLA, Mangaluru South, B A Mohiuddin Bava, MLA, Mangaluru North, Ivan D'Souza, chief whip of Legislative Council, Syed Abdul Khadar (Bashu), Managing Director of the Green Valley National School & PU College, Zakariya Jokatte of Muzain group, K S Mohammed Masood of Muslim Central Committee, Jeevan Saldanha, President, Kanara Chamber of Commerce & Industry, were present among others.

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Comments

Sayed Salih Koya
 - 
Sunday, 11 Dec 2016

Hearty Congratulations SM Rasheed Haji on this Excellent initiative. This will be a Historical move towards bringing all the entrepreneurs of the region and community under one platform for overall growth, development and inspiration for all.
Also wishing all its members a very best of luck in achieving this goal.

Sayed Salih koya
 - 
Saturday, 10 Dec 2016

Hearty congratulations SM Rasheed Haji on your great initiative. Your contribution towards the welfare of the society is commendable. May Almighty Allah bless you with all the good health and success. Also wishing all its members the same.

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News Network
February 5,2020

Bengaluru, Feb 5: Despite installing a BJP government in Karnataka through disguised operation Kamala, the Prime Minister Narendra Modi-led union government has continued its step motherly attitude towards this south Indian state.

Under the new formula adopted to share central taxes among states Karnataka will be the worst-affected. Though the 15th Finance Commission has recommended a special grant of Rs 5,495 crore for the state for 2020-21, the Centre appears reluctant to pay up and instead has asked for the proposal to be reviewed.

During the Union budget, the report of the 14th Finance Commission headed by NK Singh for 2020-21 was tabled in Lok Sabha. It shows besides Karnataka, Telangana, Mizoram and Kerala saw their central tax share decrease, while Uttar Pradesh, Bihar and Maharashtra were top gainers.

Karnataka's share has decreased from 4.7% provided by the previous finance commission, to 3.6%. Acknowledging there is a steep decline in Karnataka's share from 2019-20, the finance commission has recommended a special grant of Rs 5,495 crore for the state.

Its share in 2019-20 was Rs 36,675 crore, but under the new formula, Karnataka will get only Rs 31,180 crore in 2020-21 from the divisible pool of Rs 8.5 lakh crore - a decline of 22.5%.

Also, the decrease for Karnataka comes on the back of a shortfall in 2019-20. While the state was entitled to Rs 39,806 crore from the divisible pool, it got only Rs 36,675 crore as the Centre suffered a tax revenue shortfall of Rs 1.5 lakh crore.

What is more disheartening though is the Centre's refusal to pay the special grant. Instead, the Union finance ministry has asked the finance commission to reconsider the recommendation. This has prompted the state to take up the issue with the Centre.

"The decline in central taxes devolution comes at a time when the state is going through a tough financial situation. Steps are being taken to ensure Karnataka gets justice," said chief secretary TM Vijay Bhaskar.

Officials said besides corrective measures for 2020-21, the focus will be on ensuring a fair share in subsequent years. However, Karnataka has little chance of getting its dues as the Centre is known to be prudent when distributing tax proceeds among states.

"The Centre has certain views on devolution. We have done our duty by submitting the interim report. It's up to the states to convince the Centre," said Ravi Kota, joint secretary of 15th Finance Commission.

Under the new formula, the commission changed the weightage for some of the six criteria it considers - population, area, forest cover, income distance, demographic performance and tax effort.

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News Network
March 3,2020

Bengaluru, Mar 3: Chief minister BS Yediyurappa on Monday introduced the Karnataka Municipalities and Certain Other Law (Amendment) Bill, 2020, in the assembly to give voters the opportunity to reject candidates in civic polls.

The bill, if passed, will enable election officials to offer the NOTA option in the elections to municipal corporations on the lines of assembly and Lok Sabha polls.

An amendment bill which seeks to enable the government to set up a separate university for the districts of Raichur and Yadgir was also tabled. The government said the workload of Gulbarga University necessitated creation of a separate university for the two districts, a move that will also help reduce regional imbalance in Kalyana Karnataka region.

Another amendment bill seeks to allow industrial units, which have failed to start operations on allotted land after seven years, to sell off the parcels to another unit. Bills which empower authorised agencies to regulate turf clubs and horse racing and regulate salary and pension of teachers in higher education institutions were also introduced in the assembly on Monday.

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News Network
March 30,2020

Mangaluru, Mar 30: Indira Canteens and Kadiri Manjunatha Temple here have started distributing food packets to the poor, stranded labours, destitute and needy in the wake of the COVID-19 lockdown.

''We have prepared over 2,000 food packets in the morning. The same number will be prepared in the afternoon and night for distribution," said Prabhakar Shetty from Indira canteen at Urwastore in Mangaluru on Monday.

"The MCC teams come and collect food for distribution among the poor, beggars and destitute," he added.

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