Impact of Gulf job crisis on Kannadigas: ISF delegation meets Dakshina Kannada DC

coastaldigest.com web desk
January 24, 2019

Mangaluru, Jan 23: A delegation led by Mohammad Shareef Jokatte, president Indian Social Forum (ISF) Karnataka Eastern Province Saudi Arabia met Dakshina Kannada Deputy Commissioner Sasikanth Senthil S on 23rd January 2019 at his office in the city. The delegation discussed various issues related to the potential rehabilitation programs that can be implemented for Non Resident Kannadigas (NRK) impacted by Gulf Country’s job market crisis.

ISF demanded swift intervention of Government of Karnataka in understanding the impact of the Gulf Job crisis on NRKs and provide suitable rehabilitation program for the affected Gulf return NRKs. Delegation further discussed about the recent promise made by District In-charge minister U T Khader about setting up the Help Desk at DC office, although no further action taken in implementing the promise.

Unlike neighbouring states Kerala and Telangana, Karnataka Government is completely unaware on the count of NRKs working in GCC and number of people impacted by the crisis.

Hence starting a registration center in at the Deputy Commissioner Office would be an ideal solution to maintain the data about Gulf returnee NRKs, delegation stressed during the discussion with Deputy Commissioner. Considering the contributions made by these Gulf NRKs to the state, appropriate rehabilitation measures will be implemented for the Gulf return NRKs, DC assured the delegation.

Indian Social Forum had earlier submitted a study report to Mr. Zameer Ahmed Minister of Minorities Welfare, Haj and Wakf Department, report was based on ground surveys, interviews and case studies conducted in Saudi Arabia and it also included set of recommendations to the Government for Gulf NRKs. Mr Shareef, Majeed, Ibrahim, Rasheed and Haneef were present in the Indian Social Forum delegation team.

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Ashraf
 - 
Thursday, 24 Jan 2019

Good work social Forum 

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News Network
April 29,2020

Mangaluru, Apr 29: One person was arrested on charges of murdering a middle-aged couple on Wednesday in Yellinje near Kinnigoli.

The area falls under the jurisdiction of Mulky police.

Police said that the deceased were identified as Vincent D’Souza (50) and his wife Helina D’ Souza (45).

The arrested was identified as Alphonso (55). He will be sent to judicial custody, said police.

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coastaldigest.com news network
June 10,2020

Udupli, Jun 10: A promising Kabaddi player and young businessman allegedly committed suicide inside his father’s boat today at Malpe fishing port as he had suffered heavy loss in business due to covid lockdown. 

The deceased has been identified as Bhagyaraj (27), a resident of Pavanjigudde in Badanidiyoor, Bailakere. He was working as writer for two boats owned by his father. He was a well-known Kabaddi player in Udupi district. 

It is said that he had raised a huge loan to build a house and also acquired a fishing boat. However, he suffered heavy losses in business due to lockdown. Fish famine added to his woes. 

Upset by these developments, Bhagyaraj hanged himself inside his boat that was anchored at the port. A case was registered at Malpe police station. Investigations are on.

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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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