Economic slowdown: Automobile sector advised to be prepared to face the difficulties

coastaldigest.com news network
August 20, 2019

Mangaluru, Aug 20: Dakshina Kannada Automobile and Tyre Dealers Association, organized a seminar on ‘Economic Slowdown and Impact on Automobile Trade’ at the Meeting Hall of Kanara Chamber of Commerce & Industry (KCCI) in the city on Sunday.

Prof Venkatesh Amin, Head of MBA Department, Shree Devi Institute of Technology, was the moderator and chief resource person for the seminar. Office bearers and members of the association participated in the seminar. A. K. Raman, General Manager of Gabriel India Ltd., Delhi and KCCI Directors Maroor Rammohan Pai, Dinesh Rao and Palli Sadanand Shetty too participated.

K. G. Shenoy, patron, welcomed the gathering. “Today the automobile sector is in state of deep crisis. Automobile and tyre industry is at the Crossroads and this is a critical time for us to understand the changes taking place around us and visualize a new future,” he said.

Association Secretary K. Vilas Kumar delivered the keynote address. “Most of the factors responsible for slowdown in automobile sector are beyond our control. The government is trying to provide relief to the industry. But even the best relief measures will take time to show results. Hence we should be prepared to face the difficulties and come up with survival strategies,” Vilas Kumar observed.

Venkatesh Amin lead an interactive session to understand the present economic crisis, its causes and possible solutions. He also conducted some animated exercises and management games to demonstrate critical thinking, creative thinking, adapting to change, stimulating productivity etc. Various tips were given to the members to conserve cash and reduce exposure to debt. Athmika Amin proposed the vote of thanks.

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News Network
July 2,2020

A 7-year-old Dalit girl who had gone missing from outside her residence in Tamil Nadu’s Pudukkottai district on June 30 was found dead last evening. 

Police sources said that the body with severe injures was found in a forest area bordering her village. The young girl had been sexually assaulted before the murder, according to police.

Victim’s neighbour, Raja, 25, who belongs to the Pandaram caste, has been arrested in connection with the incident.

While they have included murder charges in the First Information Report (FIR) against him, they are awaiting the post-mortem report to add sections of the Protection of Children against Sexual Offence Act (POCSO act) in the FIR.

"The girl was playing outside her home at 4pm. Her parents then found her missing and her father filed a complaint at the station at around 7pm. Efforts were then underway to find the girl," said an investigating official.

They found the minor's body in the forest area near her village on the evening of July 1. Her clothes were in a state of disarray and her face was severely injured.

"She has been beaten with sticks on the face and injuries are clearly visible. The post-mortem will reveal the actual cause of death," says an official from the district.

Police sources further add that the neighbour had found the minor roaming around the area on Wednesday and allegedly took advantage of the fact that she was alone.

"During inquiry he admitted that he had sexually assaulted and murdered the girl," says a police official from the district. "Further investigation is underway and we will have more clarity once we get the post mortem report," he adds.

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News Network
March 13,2020

Belagavi, Mar 13: Former Karnataka Minister and Senior Congress leader H K Patil on Thursday alleged that the ruling BJP government headed by Chief Minister B S Yediyurappa has shown negligence towards completion of the irrigation projects in North-Karnataka region.

Mr. Patil said that no sufficient provision was made in the Budget for 2020-21 presented by Yediyurappa on March 5.

North Karnataka region people, farmers, and leaders expected more fund allocation to complete the pending and ongoing irrigation projects, but they are disappointed.

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News Network
April 9,2020

Bengaluru, Apr 9:  Ministers and members of Legislature in Karnataka will take a 30 per cent cut each in their salaries and allowances to fund the fight against coronavirus in the state, for a year.

An ordinance to reduce the salaries of ministers and legislators by 30 per cent for one year to meet the exigencies arising out of COVID-19 pandemic was approved by the state cabinet headed by chief minister B S Yediyurappa on Thursday.

"... we have cut by 30 per cent salaries and allowances of all ministers, MLAs, MLCs, also speaker, deputy speaker, chief whip every one for one year from April 1, amounting to Rs 15.36 crore," Law and Parliamentary Affairs minister J C Madhuswamy said.

Speaking to reporters after the cabinet meeting, he said, "we have the consent from all the political parties for this, so we have passed the ordinance today."

The Union Cabinet on Monday had approved a 30 per cent cut in salaries of all Members of Parliament and a two-year suspension of the MP Local Area Development (MPLAD) scheme.

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