Adopt organic farming to revive agriculture: C T Ravi

October 8, 2012

Mangalore, October 8: There is a need to encourage ways of practising organic and traditional farming, so that the fertility of the soil can be enriched, said Dakshina Kannada district in-charge minister C T Ravi.

He was speaking at the inaugural function of Agricultural Information/Awareness Campaign and Organic Producers - Marketers Conference organised under the joint auspices of district administration, Zilla Panchayat, DK district agriculture and other-related departments, on Monday, at Fisheries College auditorium here.

Mr Ravi said that the soil today was losing its fertility due to continuous use of chemicals and pesticides in agriculture. By providing chemical fertilisers are subsidised rates, the government and agriculture department have created a mind-set where the farmer thinks that only the use of chemical fertilisers and manure will help produce a good crop, he said.

“We have reached a grave situation where it has become necessary to conduct campaigns on agricultural information and awareness. We must come out of the mentality that organic farming will take us nowhere”, he said.

He lamented that farmers were not looked with respect in the society. Owing to the fact that when there is good crop there is no price and vice-versa, the state of farmers is still backward. A farmer's expenditure is more than his profit. That is why there is a need to adopt organic ways of farming, he said.

Citing an example of the state of USSR, he said that declining of agriculture industry would cause the downfall of the nation. “If we want to bring back the golden age which once prevailed in the country, we need to realise that only industries and technology will lead us nowhere,” said Mr Ravi.

In his presidential address, deputy speaker of the State Legislative Assembly N Yogish Bhat said that akin to Kerala, there was a need to provide incentives to farmers in Karnataka to encourage cultivation of paddy. Its cultivation must be included under the employment guarantee scheme, he said.

During the programme, prizes and cheques were awarded to the winners in a series of agricultural programmes broadcasted on Akashvani.

Among those present were MLC Monappa Bhandary, Chief Executive Officer of Dakshina Kannada Zilla Panchayat K N Vijay Prakash, President of DK Zilla Panchayat Agriculture and Industry Standing Committee Naveen Kumar Monala, Vice-president of Mangalore Taluk Panchayat Vijayalakshmi Shetty and President of Mangalore taluk Agricultural Society Krishnaraj Hegde.

As part of the agricultural campaign, various booths were set up and agricultural products were displayed by agriculture and other related departments such as animal husbandry, silk, Ayurveda, horticulture, fisheries etc.

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News Network
July 25,2020

Dubai, Jul 25: The founder of NMC Health, BR Shetty, has had a worldwide freezing order placed on his assets at the request of a lender that claims he has defaulted on a loan of more than $8 million (Dh29.4m).

The order was granted to Credit Europe Bank (Dubai) last month ahead of a claim filed at the DIFC Courts against Mr Shetty, New Medical Centre Trading and NMC Healthcare.

The lender said in its claim they “are jointly and severally liable” for the repayment of money initially secured through a credit agreement in December 2013 and renegotiated in December last year. Credit Europe Bank is an Amsterdam-headquartered institution specialising in trade and commodities finance with operations in nine countries.

The credit agreement was guaranteed by two security cheques which the bank said in its claim were signed by Mr Shetty – one drawn on his personal account and another on the account of New Medical Centre Trading – that have been "dishonoured upon presentation due to insufficient funds".

The bank claimed Mr Shetty “has now fled the jurisdiction of the UAE to India” and that there was a risk of his “substantial” assets in the Emirates being dissipated.

The assets frozen include properties in Abu Dhabi and Dubai, as well as shares in NMC Health, Finablr, BRS Investment Holdings and other companies. It allows for up to $7,000 per week to be spent on “ordinary living expenses and reasonable sum[s] on legal advice and representation”, a DIFC Courts document granting the freezing order shows.

Credit Europe Bank declined to comment when contacted by The National, stating it does not comment on ongoing litigation proceedings. Representatives for Mr Shetty and for NMC Healthcare, which is now being run by administrators Alvarez & Marsal, also declined to comment.

NMC Healthcare was founded by Mr Shetty in 1975 and grew from a single hospital into the UAE’s biggest privately-owned healthcare operator, which employed 2,000 doctors and 20,000 other staff. The company was listed on the London stock exchange and at its peak was valued at £8.58 billion (Dh40bn). However, its shares slumped after short seller Muddy Waters Research issued a report in December 2019 alleging the company had inflated its cash balances, overpaid for assets and understated its debts. This led to a string of damaging revelations by the company, including the fact that its debt was materially higher – at $6.6bn – than the $2.1bn on its balance sheet. NMC Healthcare was placed into administration in April by its biggest creditor, Abu Dhabi Commercial Bank, but its UAE businesses continue to trade as a going concern.

Mr Shetty said in a statement issued in April that he has been a victim of fraud committed by "a small group of current and former executives” at companies owned by him. He said bank accounts were created in his name and transactions were made without his knowledge, and that loans, cheques and bank transfers were also fraudulently guaranteed in his name using his forged signature.

In response to the claim filed by Credit Europe Bank (Dubai) at the DIFC Courts, Mr Shetty says he did not personally guarantee loans made to NMC Trading or NMC Healthcare and that the signatures used on cheques guaranteeing the loans are forgeries. His defence cites the opinion of “Dr Al Bah, an independent, experienced and qualified forensic document examiner”, that someone other than Mr Shetty signed the lending agreements and cheques.

An application by NMC Trading and NMC Healthcare to the DIFC Courts to have the claim against it heard in private for fear of triggering claims by other lenders – the group owes money to around 80 local, regional and international lenders – was dismissed, given that the appointment of administrators at the group and allegations of fraud at the company are already in the public domain.

Both companies have indicated to DIFC Courts that they intend to contest the claim against them.

Comments

UAE Muslim
 - 
Sunday, 26 Jul 2020

give money to RSS now to kill muslim....GOD will turn the table for moran like you BR,...shamed of tulu guy cheated the UAE govennment...not root in hell

ANONYMOUS
 - 
Saturday, 25 Jul 2020

amount should be 8 billion dollar and not 8 million dollar

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News Network
January 10,2020

Mangaluru, Jan 10: To mark the Karavali Utsav the district administration held a colourful procession from Nehru Maidan to Karavali Utsav Grounds Lalbagh here on Friday.

The colourful procession was inaugurated by the District Minister In-charge Kota Srinivas Poojary by lighting the traditional lamp along with other dignitaries. Various troupes from all over the state are participating in the procession from Nehru Maidan to the Karavali grounds.

Addressing the gathering Kota Srinivas Poojary said, “Karavali Utsav is a meaningful festival. The Tradition and culture of Dakshina Kannada is very meaningful. By organizing Utsav’s we are highlighting our tradition and Culture to national and international levels.

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coastaldigest.com news network
July 4,2020

More than 500 flights are expected to be operated in the fourth phase of Vande Bharat Mission, the “paid evacuation” mission of the government of India during covid-19 crisis.

This includes both Air India and private carriers who are ramping up their operations in a big way. 

Air India will be operating 170 flights till 15th of July to and from 17 countries, including Australia, Bahrain, Bangladesh, Canada, Germany, Japan, Kuwait, Malaysia, Oman, Saudi Arabia, Qatar and Philippines.

Private airlines such as IndiGo and GoAir will have significant participation in the fourth phase of Vande Bharat Mission. 

The Civil Aviation Ministry said that among others, Indigo will operate 238 flights from Qatar and 219 flights from Kuwait. GoAir will operate 41 flights from Kuwait. Phase Four will particularly focus on countries where there still are a large number of Indians who have registered to return.

Meanwhile, a record five lakh stranded Indians have returned safely to India under the Mission till now. The operations commenced on 7th May and in less than two months, nearly five lakh four thousand stranded Indians from 137 countries have returned to their homes.

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