Mangaluru-Moodbidri road to be made four-lane; Shiradi road to be concretized

coastaldigest.com news network
August 1, 2017

Mangaluru, Aug 1: Finally, the union government has identified eight major highways in Karnataka for development under Sagarmala scheme.

Sagarmala project, unveiled by the NDA government, aims to take up port-led development including widening of port-connecting highways for smooth movement of trucks.

Projects identified in the state are: building six lanes of Hubballi-Ankola highway, laying concrete road at Shiradi Ghat on Mangaluru-Bengaluru highway, constructing four lanes of Tumakuru-Honnavar highway from existing two lanes, upgrading Belagavi-Panaji and Mangaluru to Moodbidri from existing two lanes to four lanes, developing Haveri-Yekambi-Belekere port road, building expressway from Whitefield Industrial Cluster to Chennai and Enyam port in Tamil Nadu and upgrading of National Highway-65 from Ballari to Krishnapatnam port in Andhra Pradesh.

The Ministries of Shipping and Road Transport and Highways will jointly implement the project and 79 port-connecting roads across the country, including eight roads in Karnataka will be developed, Minister of State for Shipping Mansukh Lal Mandaviya informed the Rajya Sabha on Monday.

The Centre will spend Rs 8 lakh crore under Sagarmala over the 20 years period, which also includes developing of industrial cluster near ports and building smart cities.

Comments

Syed
 - 
Tuesday, 1 Aug 2017

Good News....please complete the sanctioned projects like flyovers,service roads, foot paths ect etc...under contruction projects are still not completed. look at thokkottu junction a small example. So Please Union Govt. dont waste the tax payers money without completing the ongoing projects.

 

People of this country are fed up with BJP Govt, like subsidy cut, new tax rule GST, toll booths without completing the road rpojects, de-monitization,price hike etc etc....

 

nanndondu dhikkara union govt ge.

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coastaldigest.com news network
June 23,2020

Mangaluru, Jun 23: A charter flight carrying as many as 166 people including a child stranded in United Arab Emirates today reached Mangaluru. 

The flight was chartered by M Friends Charitable Trust, Mangaluru and My Community Foundation with the sole intention of helping the repatriation of stranded passengers such as pregnant women, elderly people and those who are in need of emergency medical care. 

The flydubia flight FZ4617 took off from Dubai at 2 p.m. and landed at Mangaluru International Airport at 7:22 p.m.

The passengers who arrived from UAE hail from different parts of coastal Karnataka and passengers themselves had borne the ticket fare for their travel.

M Friends president Haneef Haji Goltamajalu has thanked representatives of My Community Foundation and M Friends Trusty Ashraf Abbas Kunjattur, M Friends NRI leader Haneef Puttur, general secretary Rasheed Vittla for their efforts in chartering the flight.

In the last three weeks, 13 special flights with around 2150 passengers from various Gulf countries had landed at Mangaluru airport. 

Already, throat swab samples of 1814 passengers, who had arrived in Mangaluru, have been tested and 239 people with international travel history have tested positive and the samples of 1,575 passengers have tested negative so far.

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News Network
March 25,2020

Udupi, Mar 25: Fearing Corona infection a 56-year-old man has committed suicide over in Udupi. 

The deceased has been identified as Gopalkrishna Madivala.

He was a KSRTC bus driver and was currently performing a duty to train new drivers.

He suspected his friend had contracted COVID-19 and as he had a close association with him, he feared he too will be infected and hence hanged himself on a tree.

Although symptoms of Corona infection do not appear to him, he left behind a death note which stated that he resorted to the extreme step over suspicion of having been infected by a corona trait of a friend. 

Recently, the first COVID-19 positive case in Udupi where a 34-year-old man has been tested positive.

A press release issued by the District Health and Family Welfare Officer on Wednesday said that the man had come from Dubai to Udupi district on March 18.

Since he showed symptoms of COVID-19, he was admitted to the District Government Hospital on March 23. His throat swab was sent for test and the preliminary report stated that he had tested positive for COVID-19.

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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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