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
April 16,2020

Bengaluru, Apr 16: Former chief minister HD Kumaraswamy had said that his son Nikhil's marriage ceremony will take place at bride Revati's residence in Bengaluru, however, the wedding preparations are also going on in his farmhouse at Ramnagar.

This comes amid the lockdown in the country due to COVID-19 outbreak. The farmhouse is located at Kethaganahally, near Bidadi in Ramnagar.

Kumaraswamy has said the marriage will be simple and only his family members will attend and no one from outside would be invited.

Earlier Kumaraswamy has said that his son's marriage will take place on April 17 at bride house.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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coastaldigest.com news network
January 23,2020

Mangaluru: The sixth Judicial Magistrate of First Class court here today remanded techie-turned-bomber Aditya Rao to 10-day police custody.

36-year-old Rao, the prime accused in planting improvised explosive device at Mangaluru International Airport, was handed over to Mangaluru police by their Bengaluru counterparts yesterday.

He was produced before the magistrate court amidst tight security. The police sought for 15-day custody for interrogating him.

Justice Kishore Kumar, the JMFC court judge inquired Rao if he was subjected to police torture and if he had any lawyer to represent him in the case. Rao is said to have replied in the negative for these questions, it is gathered.

The judge finally decided to send the accused to police custody for 10 days.

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