Tourism industry badly hit in Kodagu due to natural calamity

News Network
September 30, 2018

Madikeri, Sep 30: Picturesque Kodagu nestled in the Western Ghats, known as the favorite tourist destinations in the South India besides being the top coffee producer in the country, has been severely affected in the tourism sector due to natural calamity last month.

The coffee land always been a best tourist destination, but after the rain havoc and landslides resulting bad hit for the tourism besides its economy as whole. Still people yet to recover from the shock, of course required many days.

Kodagu also known for home stays which has been great demand particularly during the weekends, however, the situation is different now with very few callers for home stay.

People, who were operating home stays and others who depended upon tourism for their livelihood after investing lakhs of rupees, have been badly affected without any business in recent days. A majority of hotel and home stay owners, who had employed hundreds of workers, have sent them back to their native.

Going by official figures, as many as 18 lakh footfalls had been registered at the tourist spots of the district in the first half of this year. However, tourism took a severe beating since August when the district administration had banned visitors for safety purpose.

Even though the ban on tourists was lifted on September 10, the devastating floods and landslides have discouraged visitors from thronging the tourist spots. Only a few, majority of them youths, are visiting Dubare Elephant Camp, Cauvery Nisargadhama, Raja Seat, Abbey Falls, Irupu Falls,  Mallalli Falls, Harangi Reservoir and other tourist destinations.

Comments

Mohan
 - 
Sunday, 30 Sep 2018

Without Modi govt support, Karnataka govt can't do anything on this matter. Kodagu people's revenew based on the local tourism. 

Suresh Bandary
 - 
Sunday, 30 Sep 2018

Central Govt should allocate more fund for the reconstruction of Kodagu. 

Ibrahim
 - 
Sunday, 30 Sep 2018

Land mafia ruling tourism business. They may improve the condition soon inorder to earn more benefit

Kumar
 - 
Sunday, 30 Sep 2018

Resort mafias should be controlled

Danish
 - 
Sunday, 30 Sep 2018

Unnatural construction caused landslides and deluge. Reconstruction should be focus on nature friendly and without disturbing ecosystem.

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News Network
May 4,2020

Mangaluru, May 4: In order to protect the frontline coronavirus fighters from the pathogen, students at Sahyadri College of Engineering & Management has developed face shields that will help the front-line healthcare workers.

Mr Johnson Tellis - Chief Innovation Officer, Mr Gautham Nayak - Design Engineer and DreamWorks Makerspacerun by determined students, supported by Sahyadri Start-up ecosystem, at Sahyadri College of Engineering & Management has headed the team.

The team took the initiative along with other maker communities in Mumbai, Bangalore, Delhi and the likes, with a pledge to produce and deliver 1 Million face shields across India. In three weeks, the team has contributed to the cause and delivered more than3500 face shields and a ventilator splitter for the Dakshina Kannada and Shimoga region.

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News Network
July 5,2020

Bengaluru, Jul 5: A total number of 32 SSLC students, who took exams between June 25 and July 3 have tested positive for the coronavirus.

Eighty other students are in home quarantine. As per a press release from the Karnataka government here as of July 3, more than 7.60 lakh students wrote the exam, with 14,745 absentees. The report from the government stated that 3,911 students did not attend the exams as they were in a containment zone. A total of 863 students had not attended the exams as they were unwell.

Last week, a Class 10 student from Hassan had tested coronavirus positive. The student reportedly wrote an exam on June 25, despite having taken the coronavirus test. His positive result reportedly came shortly after he finished writing the exam.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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