More criticism than praise for Union budget in Mangalore

[email protected] (CD Network)
March 16, 2012

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Mangalore, March 16: The Union budget presented by Finance Minister Pranab Mukherjee earlier today has attracted more criticism than praise from people of the coastal districts of Udupi and Dakshina Kannada.

Following are some responses of people who spoke to Coastaldigest.com:

Latha Kini, President, Kanara Chamber of Commerce and Industry:

Increase of service tax and central excise tax will hurt the common man. It will result in price rise of all goods and affect all sections of the society. Subsidies for the agriculture sector have been retained so the burden has now fallen on the common man and the traders. The real tax collectors will be in dire straits now as the profit margin is reduced. The trade dealer will get nothing.

There are some positives too. Reducing interest rates for women of self-help groups is a good move. The infrastructure outlay is good and it was needed, or else, a revival is difficult. The Finance Minister has stressed on power needs and exemption to coal etc is a positive move. It is needed, keeping the future in mind.

G Hanumanth Kamath, President, Nagarika Hitarakshana Samithi, DK:

It is a capitalistic budget. The middle class has not benefited from this budget. Reducing rates for grocery items should have been considered. The increase of service tax will affect the common man. Although they have reduced rates of petroleum products, they will soon bring about a rise in prices quoting increase in rates of crude oil etc.

B Ramanath Rai, MLA:

It is a balanced budget. Importance has been given to child welfare which is a good move.

Padmanabha Kottari, DK Dist President, BJP:

This budget has been severe on the poor and the middle class. Rates of Beedi and Gutka have been increased. It is the poor who buy these products. Also, gold prices have also been increased. There is no improvement at all.


Adv. Raghavendra Rao, President, DK BJP Yuva Morcha:

No importance has been given to small investors. The Union government has increased the level for Income Tax to Rs 2 lakh which was Rs. 1,50,000 before. This is again unfair on the middle class. They have reduced prices for salt and matchbox which was not necessary. Overall, it's a pro-rich budget.

M G Hegde, JDS leader:

Although it boasts of possessing economic experts such as Manmohan Singh and Pranab Mukherjee, the Congress government has failed to fulfill people's expectations in this year's budget. It is just a technical and statistical balancing act and nothing has been done for the middle class. Besides, by merely giving subsidies to farmers, their problems won't be solved. Measures have to be taken for overall village development and agriculture development. Prices for TV, refrigerator etc have also been increased, conveniently forgetting thatsuch electronic goods are widely used by middle class and lower middle class people.

Muneer Katipalla, State Vice President, and DK Dist President, DYFI:

This budget has given scope for the growth of PPP (Public Private Partnership) which will only take privatization forward. It will have its impact on health, educational and other sectors where common people and students will have to suffer. The subsidies retained for farmers are mere gimmiks and no serious measures have been taken to stop farmer suicides. Reducing interest for Provident Funds, will also work in the favour of MNCs which shows that this budget is pro-corporates.


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News Network
April 16,2020

Bengaluru, Apr 16: The lockdown in the wake ofthe coronavirus pandemic has turned out to be a deeply painful story for the Kannada film industry.

Schedules have gone awry following the stay-at-home curbs and operators in Sandalwood, as the industry is popularly known as, say about 100 films under production are affected.

They include big budget movies- 'Raja Veera Madakari Nayaka', 'Kotigobba 3', 'Robert' and 'Yuvaratna.'

Noted producer Rockline Venkatesh told P T I that the loss to the industry is to the tune of hundreds of crores of rupees.

In addition, it's a challenge for producers to secure the content of their movies from "piracy and leak" during long periods of time before their release, Venkatesh, who is Secretary of Karnataka Cine Artistes' Association, said.

A leading distributor said even after the lockdown is lifted and situation returns to normalcy, it remains a big question if investment in film business will pay off at all.

"People don't have money. We will know the impact when things become normal. Questions many ask if people will return to cinema halls like the way they did before or they prefer to stay away from crowd."

Venkatesh, who had also produced Rajinikanth-starrer 'Lingaa' and co-produced 'Bajrangi Bhaijaan' with Salman Khan in the lead role, said it would take at least one to one-and- half years for the industry to be back on its legs.

"That too if the government does hand-holding but if the industry faces a bad hit in terms of income tax and GST and other taxation, 80-90 per cent of the industry will face closure," he said.

"It does not matter if the government does not help the industry but they should not trouble us with things like IT and GST," Venkatesh, who is also a distributor and artiste, said.

A top director said people's "behaviour" towards movies is crucial for the industry's health in the post lockdown scenario.

"With people likely to shy away from going to malls, cinema theatres because of large gatherings there, it's going to be a long road to recovery for us", an industry insider said.

Striking a philosophical tone, Venkatesh said all that people worry now is to save their life and keep good health, adding, amassing money and wealth is the last thing on their mind.

Producers Soorappa Babu and Umesh Banakar, who is also Vice-President of the Karnataka Film Chamber of Commerce, told P T I that the industry has taken a huge hit.

Banakar said the loss to the industry due to the lockdown is at least Rs 1,000 crore.

"The coronavirus has affected the entire world. We don't know what to do; we just have to wait," Soorappa Babu, producer of Kiccha Sudeep-starrer 'Kotigobba 3', said.

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News Network
July 9,2020

Bengaluru,  Jul 9: Former Karnataka Chief Minister and Congress leader Siddaramaiah on Wednesday said that he was opposed to a tie-up with Janata Dal-Secular in the last Lok Sabha elections but the party high command did not listen to him.

"I had suggested that we should fight alone (in Lok Sabha elections) because JD-S votes would not have come to us and our votes would not have gone to JD-S," Siddaramaiah told reporters here.

Congress leader said that he was the only one to make the suggestion and he did not get support.

"I was the only one to raise a voice that's why it was not heard by (party) high command and I did not get support. We might have won over seven seats in parliament election if we had fought alone," he said.

After forming government in Karnataka in 2018 with support of JD-S, Congress had fought the 2019 general election in a pre-poll alliance with the party. Congress could only one seat of the 21 it contested and JD-S also won one seat of the seven it contested.

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Media Release
January 17,2020

Udupi, Jan 17: In a unique philanthropic initiative, two US based NRI children have established the first unit of Keithan & Keisha Skill Development Centre at SVS English Medium School, Katapady in Udupi district.

The centre was inaugurated by Dr. Ranjan B. Kini, Professor of Management - Information Systems of Indiana University Northwest (UCN), USA on Saturday, January 11, 2020.

The centre will provide exposure to rural high school students in technical skills in emerging technological domains, soft skills and life skills through online training and video conferencing during weekend seminars. The centre is established by Keithan and Keisha with the help of their parents. They are the children of Katapady Krishna Mohan Pai, CEO of Invenger Technologies Inc., USA. One 55 inch LCD TV, two computers and one laptop were donated as part of the initiation package.

Dr. Srikanth Prabhu, Associate Professor, Department of Computer Science & Engineering, MIT, Manipal will be anchoring the training sessions which will cover emerging fields like Robotics, its impact and the opportunities in the future. The training will include international online programmes and video conferencing.

“In today’s competitive world, students need technical knowledge to keep pace with the changing scenarios. Along with technical exposure, they should also be equipped with soft skills, communication skills and organizing abilities,” said Dr. Ranjan B. Kini after inaugurating the first unit at SVS English Medium School, Katapady.

Dr. Srikanth Prabhu informed the gathering about the idea behind the project, explained its features and programmes. “If good awareness is given to students at a young age regarding latest developments in technical fields and if they are trained in soft skills and other complementary skills, they will be able to face the future with confidence and attain the heights of success even if beginning from zero,” he said.

Presiding over the function K. Sathyendra Pai, Director of Invenger Technologies said, “This is the first centre to be set up under our initiative to train rural children in add-on skills and help them to gain parity with better educated students.”  More such centres will be set up in other schools soon, he added.

Katapady Krishna Mohan Pai, CEO of Invenger Technologies Inc., Amith Nayak of Archana Developers, Umesh Rao, President of Rotary Club Katapady, Savitha Manjunath, PWD Officer of Udupi, technical experts Nidhi Manjunath and Mitesh Singh were the guests of honour. Directors of the company B. C. Pai, Srinivas Vasudev Kini and Venkatramana Bhat were present.

School Headmaster Devendra Nayak welcomed the gathering. Megha gave a vote of thanks. School teachers Uma and Chaitra along with other teachers coordinated the event. Student leaders Dhanush and Jessel Vinola Quadros compered the programme.

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