Class 12 student fakes own kidnapping to get Rs 3 cr to buy car

Thiruvananthapuram, Jun 5: One man has been arrested in connection with the death of a pregnant elephant in Palakkad district here, Kerala Forest Minister K Raju said on Friday.

"One accused identified as Wilson has been arrested in connection with the case. More people are involved. The process to arrest all the accused is underway. Strict action will be taken in the matter to ensure such incidents are not repeated in the future," Raju told reporters here.

The elephant had died in Palakkad district on May 27 after it ate a pineapple stuffed with crackers and forest officials said that it died standing in river Velliyar after it suffered an injury in its lower jaw.

Raju said that the forest department has appointed three teams to probe the matter, and added that police are also investigating the incident as explosives were used.

"There may be some type of crackers inside the fruit. In such cases, blast occurs and the animal can not even drink water. The primary post mortem reports said that this case is like that. Let it be investigated," he said.

"Man and animal conflict is natural in our state as people residing close to the forests. The government gives compensation for farmers, Rs 10 lakhs compensation if a person dies in an animal attack," the Minister added.

The death of the pregnant elephant has sparked a controversy, with Kerala Chief Minister Pinarayi Vijayan terming the unfortunate death as "a painful thing" and Union Environment Minister Prakash Javadekar saying that the Centre has taken a "serious note" of the incident.

According to the preliminary post-mortem report, the immediate cause of the death of the female elephant was drowning followed by inhalation of water leading to lung failure.

The elephant was seen standing in the river with its mouth and trunk in the water for some relief from the pain after the explosive-filled fruit exploded in its mouth.

The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI.

In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry.

According to the SCAI, there is a common misconception that the shopping centres' industry is centred around metros and large cities with investments only from large developers, private equity players and foreign investors.

"However, the fact is that most malls are part of the SMEs or standalone developers. i.e. more than 550 are single owned by standalone developers out of the 650-odd organised shopping centres across the country and there are 1,000+ small centres in smaller cities," it said.

Amitabh Taneja, Chairman of SCAI said: "The organised retail industry is in distress and has not earned anything since the lockdown and their survival is at stake. While the extension of the loan moratorium talks about some relief on repayment but won't help the industry in liquidity."

He said that a long term beneficial plan from the government is much required to revive the sector.

"Being the most safe, accountable, and controlled environment, unfortunately, malls have not been permitted to open which will lead to job losses and might even shut shops for a lot of mall developers," Taneja said.

In its representations to the Centre and the Reserve Bank of India, the association has also pointed out that, in absence of financial package and stimulus from the RBI, over 500 shopping centres may go bankrupt, that may lead to the banking industry staring at NPAs of Rs 25,000 crore.

The industry body has put forward its recommendations and requests to the government. It had sought moratorium till March 2021 at the least in terms of repayment of bank loans, interest, EMI and so on, without levy of any penalties or penal interest.

It has also sought a one-time loan restructuring with lower rates of interest, permitted for shopping centres and a facilitative and forward-looking support provision of short-term financing options for a period of six to 12 months, at lower interest rates, to meet the increased working capital requirements.

Among other relaxations, it had also appealed for GST rebates to offset the losses on account of and for the period of closure of business.

It also said that interest rates should be brought down to "manageable levels" of 5-6% in view of the precarious financial situation.

Nagpur, Apr 5: A 23-year-old man allegedly committed suicide in Imambada area in Nagpur on Saturday due to financial distress, police said.

Nikhil Gavhane, who worked in a grocery shop, hanged himself as he had taken money from a person and was stressed over repayment, an official said.

"He was depressed since a week," the Imambada police station official said.