KFDC chief bats for ban on fish export from Karnataka to check rising prices

coastaldigest.com news network
October 31, 2017

Karwar, Oct 31: In the wake of dropping fish catch and high prices of locally consumed fish, the Karnataka Fisheries Development Corporation (KFDC) has suggested the State government to impose a temporary ban on fisheries exports from its coastal belt.

The Goa government has stated that it is mulling to temporarily ban fish exports because it has created artificial scarcity in the state. Rajendra Naik, president of KFDC appreciated the move and demanded that export of fish should be temprarily banned in Karnataka too.

Rajendra said that he had taken a similar step about 15 years ago in Ankola when he was the president of Ankola municipality. "Then a resolution was passed by the municipality not to allow loading of fish in trucks carrying them outside Uttara Kannada, Goa and Kerala in all fisheries ports in the area till 1pm every day as there was complaints that the entire catch was being sent outside the district depriving the local people of the nutrient food," he said.

"The same system still continues in Ankola. Fishermen in the state avail subsidy on the boats and fuel which runs into crores of rupees every year. The subsidy is being provided from the taxpayers' money. This being the case, if the fish caught by these fishermen is sent outside by depriving the local people of fish, what is the use of providing subsidy to them? So the government should come out with a policy on fish export and only the excess fish after supplying in the local market should be allowed to export. Those who violate this should be barred from availing subsidy," he said.

Many small fishermen said that they too are the victims of the export lobbies. "We sell our catch to the local fisheries cooperative bodies. The agents of the export companies wait there and buy the same fish at high prices," said Lokesh Tandel a fishermen from Kumta.

"We are the victims of artificial fish shortage created by the export lobbies. The fish left over after supplying to exporters are being sold in local market and that too at a high price. Common people have to pay at least 400% higher prices in Karwar market compared to Ankola. So the government should take steps to curb this artificial shortage," said Shantaram Shet of Karwar.

Comments

Unknown
 - 
Tuesday, 31 Oct 2017

Good trick.. keep market stable artificially.. increase demand maximum

Naveen
 - 
Tuesday, 31 Oct 2017

Artificial scarcity, temporary ban everything is good. But before that should ensure upto what extend the poor fishermen will get benefited.

Danish
 - 
Tuesday, 31 Oct 2017

Artificial scarcity may cause in legal selling. Chances of black market may increase

Ganesh
 - 
Tuesday, 31 Oct 2017

Thats for good if it works for demand increasing

Kumar
 - 
Tuesday, 31 Oct 2017

Good quality fishes should make available here first then rest can export.

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News Network
February 6,2020

Thiruvananthapuram, Feb 6: The 105-year-old Bageerathi Amma who scripted history when she appeared for her fourth standard exam in last November becoming the oldest learner of the Kerala State Literacy Mission has passed her exam with 74.5 per cent marks.

This grandmother from Parakulam in Kollam district of Kerala Bageerathi Amma has six children and 16 grandchildren.

Speaking to news agency ANI, CK Pradeep Kumar, district co-ordinator of State Literary Mission said on Wednesday, "Bageerathi Amma has passed her exam with 74.5 per cent marks. It is really an inspiration for others to follow her and continue their education," he said.

Ms Bageerathi had to stop her education at the age of nine when she was in Class 3 as she had to take care of her younger siblings.

Her yearning to continue her studies was fulfilled with the help of officials of the Literary Mission who helped her to realize her dreams. She scored 205 marks out of a total of 275 in the fourth standard equivalency examination.

The Kerala State Literacy Mission Authority is an autonomous institution under the General Education Department, Government of Kerala.

The programme aims to develop literacy skills through continuing education, provide chances of each and everyone interested in learning, enable the learners to make use of their learning in their daily life and ensure Secondary-level education to the whole of Kerala.

The main beneficiaries of this programme are illiterates, neo-literates, school drop-outs and those interested in lifelong education.

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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News Network
January 7,2020

Mangaluru, Jan 7: A ten-year-old boy who suffered severe injuries after drowning in Kadri temple pond died on Monday,

Police said that the deceased has been identified as Sandesh, resident of Athani taluk.

Sandesh drowned while taking a dip in a pond at Kadri Shree Manjunatha Temple on Sunday evening. He was immediately rushed to the hospital in the city, however, he died on Monday morning after he stopped responding to the treatment.

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