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
March 27,2020

Mangaluru  Mar 27: Thinking that he might have contracted the coronavirus infection, a 55-year-old man has committed suicide in Bantwal taluk of Dakshina Kannada district.

The deceased has been identified as Sadashiva Shetty, a resident of Abbettu under Meramajalu village. He was working in a petrol bunk.

It is learnt that Sadashiva suspected that he might have come in contact with coronavirus infected people while working in the petrol bunk.

He was scared that the same might get transferred to his family members through him. 

He was depressed for past few days. Today, he hanged himself from the ceiling fan of his house, sources said.

A case has been regarded at the Bantwal rural police station and investigations are on.

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News Network
July 26,2020

Bengaluru, Jul 26: A year-long probe by Coffee Day Enterprises Ltd (CDEL) has found that its late founder V G Siddhartha routed Rs 2,693 crore out of the company to Mysore Amalgamated Coffee Estates Ltd (MACEL), another privately-owned entity of him.

The MACEL owes Rs 3,535 crore to subsidiaries of Coffee Day Enterprises as of July 31, 2019 of which only Rs 842 crore was accounted.

"Therefore, a sum of Rs 2,693 crore is the incremental outstanding that needs to be addressed," said the report of an investigation headed by Ashok Kumar Malhotra, a retired DIG of Central Bureau of Investigation (CBI) and assisted by law firm Agastya Agastya Legal.

Siddhartha was found dead in early August 2019, and many suspected that he had committed suicide.

Steps are being taken by subsidiaries of CDEL for recovery of dues from MACEL, the company said.

"The board authorised the Chairman to appoint an ex-judge of the Supreme Court or the High Court, or any other person of eminence, to suggest and oversee actions for recovery of the dues from MACEL and to help on any other associated matters," it said in regulatory filings at stock exchanges late on Friday.

The probe further gives clean chits to the Income Tax Department and the private equity firms who Siddhartha in his parting letter had alleged of harassment.

"We have not been provided with any documentary evidence to draw an inference that there may have been any advertent or inadvertent harassment from the Income Tax Department," said the probe report.

The probe also highlighted severe liquidity crunch at CDEL in the build-up to Siddhartha's death.

A committee supported by senior professionals was formed to protect the interest of all stakeholders. CDEL said the debt levels which were about Rs 7,200 crore on March 31, 2019 have been brought down significantly by Rs 4,000 crore. The present debt of the group is around Rs 3,200 crore.

"The disinvestment process in the group continues and we are confident to have effective solution to all stakeholders," it said.

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coastaldigest.com news network
May 21,2020

Udupi, May 21: In a shocking development, as many as 27 fresh coronavirus positive cases were reported in the coastal district of Udupi today. 

Another shocker is, 16 among 27 covid-19 patients are children. The rest are six men and five women. 

Interestingly, all of them have inter-state travel history. 23 had come from Maharashtra and 3 from Telangana. Another one had come from Kerala to Manipal. More details are awaited.

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