Demonetisation resulted in financial discipline, GDP growth: DVS

coastaldigest.com news network
September 1, 2018

Mangaluru, Sept 1: Union Minister for Statistics and Programme Implementation D V Sadananda Gowda here on Saturday claimed that demonetisation and digital transactions had brought financial discipline leading to growth of gross domestic product.

At the launch of India Post Payments Bank (IPPB) here, Mr. Gowda said his ministry had found that the fears expressed about slowdown in the growth because of demonetisation were unfounded.

In the findings released on Friday, the ministry found the GDP in the first financial quarter at Rs. 33.74 lakh crore, which was 8.2% more than Rs. 31.18 lakh crore in the first quarter of 2017–18. The GDP of the country was expected to grow by 8.5% in the second financial quarter, he said.

“In terms of GDP growth, the country stands at the top among the nations. The neighbouring China has GDP growth of 6.2%,” Mr. Gowda said, and added this had been achieved because of good governance of the National Democratic Alliance government and the financial discipline brought in in the last four years. By preventing interference of middlemen, the government has brought in revenue of Rs. 70,000 crore to the exchequer.

With the intention to take the banking services to the common man, Prime Minister Narendra Modi initiated the opening of Jan Dhan accounts by which 30 crore accounts were opened across the country and nearly Rs. 1,600 crore was deposited. Beginning of operations of India Post Payments Bank was a step towards financial inclusion of rural citizens, he said.

Post Master General (South Karnataka Region) S. Rajendra Kumar said 31 IPPB branches and 124 access points had started operations in Karnataka.

In Dakshina Kannada, the IPPB branch will be at the Balmatta Post Office in Mangaluru with Mangaluru Head Post Office and post offices at Soorinje, Kuthethur and Katipalla would be the access points.

In another three months, all the post offices in Dakshina Kannada would become access points, he said.

Comments

Navaz
 - 
Sunday, 2 Sep 2018

Jab darji se paijama kat jaye to wo kachche ke fayde ginane lagta hai.

 

 

Translation : When a tailor cuts short the pajama, he starts telling benefits of underwear.

 

 

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News Network
January 8,2020

Mangaluru, Jan 8: In an operation, forest officials of Puttur has arrested two persons as many elephant tusks at Puduvettu in Belathangadi taluk of Dakshina Kannada.

Forest officials said on Wednesday the accused nabbed last night were identified as PK Dinesh from Madikeri and V Kumar from Hassan district.

Both were caught while trying to sell tusks the value of which was estimated to be lakhs.

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News Network
July 18,2020

Bengaluru,  Jul 18: Union Minister for Chemicals and Fertilizers DV Sadananda Gowda on Friday said that Government of India headed by Prime Minister Narendra Modi has been extending all possible assistance to state government in their endeavour to combat the deadly coronavirus.

In a statement released after participating in a high-level meeting chaired by Chief Minister BS Yeddyurappa in Bengaluru today, Gowda said he shared his views with the state government on how to control the spread of COVID-19 in the state in general and Bengaluru in particular.

He said the Centre was in constant touch with the state government on the issue. The centre is more than happy to extend any help further if Karnataka requires so.

"Being a Union Minister handling the Pharmaceutical Department also, I am closely monitoring the medicine demand and supply situation across the country on a day-to-day basis. The availability of required medicines including HCQ and Paracetamol is satisfactory in all states including Karnataka. Also, there has been enough lifesaving drugs in our Jan Aushadhi Kendras all over India. Over 600 such outlets exist in Karnataka alone," he said.

"If there is any issue related to medicine shortage or overpricing, one can bring it to my knowledge or call PMBJP tollfree number 18001808080 or NPPA number 18001112550 / 011-23345118 / 011-23345122. The grievances will surely be resolved to everybody's satisfaction" added the minister.

With related to state governments or private agencies seeking to import emergency medicines, medical equipment etc., Gowda assured, we would facilitate required licences without any delay.

"I strongly feel that it is our collective responsibility to use everything in our armour to defeat the pandemic. We also seek public support in this mission. Together, we will win," he said.

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coastaldigest.com web desk
July 6,2020

Wayanad, Jul 6: DM Education and Research Foundation (DMERF), headed by Dr Azad Moopen, has come forward to handover DM WIMS Medical College, Nursing and Pharmacy Colleges and its associated institutions in Wayanad to the Kerala Government. 

According to Azad Moopen, Managing Trustee, DMERF, the Kerala Government has been deliberating to set up a medical college in the area over the last 7-8 years to address the challenges being faced by the local population due to lack of local availability of advanced healthcare facilities under the government sector. 

The handover by DMERF would address the Government's need. DM WIMS is one of the few NABH accredited medical colleges in the country, he said.

The DM WIMS Medical College and its associated institutions were established by the DMERF Trust 10 years ago to help the backward community of the district. 

Run in a charitable manner, the medical college has a capacity of 150 seats and has seen two batches of doctors graduate from the institution. With a total built up area of 14 lakh sq feet, it also has a 700-bed super-specialty hospital catering to the local community and helping in training healthcare professionals, a 100-bed specialty hospital, a pharmacy college, and a nursing college.

A new medical college by the government will require substantial investments and minimum of 5 years to become functional. “We think that DM WIMS can cater to the requirement of the government and setting up another medical college might not be required to cater to the existing population,” he said.

Moopen also announced a donation of Rs 250 crore out of the total investment in the institutions to the government to provide treatment to the needy population in the backward, landlocked district and to train good quality doctors from the State.

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