NHAI proposes to connect Mangaluru to Golden Quadrilateral via Mudigere

coastaldigest.com news network

November 28, 2017

Mangaluru, Nov 28: Even as environmentalists have continued raised voice against controversial Shishila-Byrapura Road, the National Highway Authority of India (NHAI) has proposed a four-lane inter-corridor route connecting Mangaluru to Golden Quadrilateral Network through same route under the Bharat Mala project.

The Golden Quadrilateral is a highway network connecting many of the major industrial, agricultural and cultural centres of India including Chennai, Kolkata, Delhi and Mumbai, Ahmedabad, Bengaluru, Bhubaneswar, Jaipur, Kanpur, Pune, Surat, Nellore, Vijayawada, Bhilwara, Ajmer, and Vishakapatnam.

The proposed four-lane road will connect Mangaluru to National Highway 4 (part of Golden Quadrilateral) at Chitradurga via Bantwal, Shishila, Byrapura, Mudigere, Kadur and Holalkere.

At present, freight movement has to take NH 75 via Shiradi Ghat. According to LEA Associates South Asia Pvt Ltd, an agency which conducted a study for the NHAI, the distance for freight movement will be reduced by 196 km on the new route. The private agency made a presentation in the presence of senior officers in Chikkamagaluru recently.

The existing road connecting Mudigere to Bantwal Crossing (NH 75) via Charmadi Ghat is about 94 km. The proposed Shishila-Byrapura route reduces the distance between Mudigere Hand Post to proposed junction on NH 75 to 65 kms.

The NHAI has proposed this alternative citing that widening the road via Charmadi Ghat would be uneconomical considering the terrain and settlement along the route. The authority says that the proposed road would also boost the export of plantation products such as coffee, cardamom and pepper.

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its very useful &good aproach

ಈ ರಸ್ತೆ ಬಹಳ ಮುಖ್ಯವಾಗಿ ಪ್ರಾರಂಭವಾಗಬೇಕು

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Mangaluru: Youth dies in lift accident at wedding hall

News Network

March 1,2020

Mangaluru, Mar 1: A youth lost his life in a lift crash at a wedding hall at Kallapu near Thokkottu on the outskirts of the city today.

The deceased has been identified as Hamzah (30), a resident near Thumbay, who was part of the catering team hired for the marriage ceremony.

The tragedy occurred at around 2 p.m. when Hamzah was getting ready to bring utensils and other things by lift from the third floor of the hall. All of a sudden, the lift’s ropes came loose and Hamzah lost his balance and got trapped inside.

He was pulled out and rushed to a hospital in Deralakatte, but he breathed his last on the way. He is survived by his wife and three children.

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Inna lillah.. I think someone with a good computer knowledge under an organisation shud come up with fund raisals so that we can donate in a transparent manner

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Siddaramaiah demands unbiased probe into Mangaluru airport bomb case

News Network

January 22,2020

Mysuru, Jan 22: Former Chief Minister Siddaramaiah here on Wednesday urged the state government to initiate an unbiased investigation into the Mangaluru airport bomb case.

Addressing media persons here, he said, “The incident has created panic among the public and such incidents are being repeated due to the failure of intelligence agencies of the state”.

On accused Aditya Rao, the suspect in the case, who surrendered before Bengaluru police on Wednesday morning, the senior Congress leader said, “I have not yet gathered complete information about the accused in the case, therefore I would not like to comment about him.”

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RBI imposes penalty of Rs 1.2 crore on Karnataka Bank for non-compliance of norms

News Network

May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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