‘Note ban, GST almost destroyed trade in Kasaragod district’

coastaldigest.com news network
October 7, 2017

Kasaragod, Oct 7: The agrarian economy of the Kasaragod district has been severely affected and there has been a visible lull in business volumes.

Buses plying on the bustling eastern belt of the district are largely empty, hitting hard the business volumes while cash transactions have come down drastically as a fallout of demonetisation, said K.R. Balraj, State secretary of the Bakers Association.

Demonetisation has certainly impacted trade volumes as people are hesitant to spend freely, apprehending trouble from Income Tax officials, Mr. Balraj said.

The Goods and Service Tax (GST) regime has added to the confusion of both traders and buyers.

“For instance, the Unniyappam purchased by bakeries from household entrepreneurs and Kudumbasree units attract 18% GST against the 5% tax slab prevailed earlier.”

Mr. Balraj, who had visited New Delhi recently to meet GST officials to seek clarification, said trade volumes could be regained only if the authorities took firm steps to allay the apprehensions of society.

Comments

Jinu
 - 
Saturday, 7 Oct 2017

All because of our hon. PM FEKU

Suresh
 - 
Saturday, 7 Oct 2017

Entire India is affected badly. It helped only for Ambani, Feku and Jaitley

Unknown
 - 
Saturday, 7 Oct 2017

Demonetisation affected more i guess. There was more black money. 

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News Network
March 15,2020

Mysuru, Mar 15: The renowned Mysore Palace will remain closed for tourists for a week from March 15 to 22, in the wake of the coronavirus outbreak, Mysore Palace committee said on Saturday.

The Karnataka government has ordered shutting down for a week all places and activities where people gather in large number including swimming pools, shopping malls, schools, colleges and cinema halls, state Health Minister B Sriramulu said amid the coronavirus threat.

This comes after Chief Minister BS Yediyurappa chaired an emergency meeting with ministers and senior officials on Friday to discuss the situation.

Earlier, schools in the state had announced early summer vacation for their students this academic year as a precautionary measure. Other public places have been shut down in the state amid the coronavirus scare.

The central government had on Thursday said that the death of the 76-year-old man from Kalaburagi in Karnataka was confirmed to be caused due to co-morbidity while he was also tested positive for COVID-19. The man visited Saudi Arabia on January 29 and returned to India a month later on February 29.

Till date, India has reported two deaths and 84 confirmed cases of the deadly coronavirus.

The World Health Organisation (WHO) has declared the coronavirus outbreak a pandemic. The virus, which originated in the Chinese city of Wuhan last year has spread to more than 100 countries worldwide, infecting over 1,30,000 people.

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News Network
January 1,2020

Udupi, Jan 1: A 53-year-old Journalist of a Mangalore-based media house was found dead at his flat in Manipal on Tuesday.

The deceased has been identified as Rohit Raj (53), a resident of Pandeshwar Mangaluru.

According to the Manipal police, on December 31, Rohit Raj had attended a New Year party celebration at Kadiyali, Udupi along with his wife.

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News Network
January 3,2020

Bengaluru, Jan 3: Karnataka Chief Minister BS Yediyurappa on Friday clarified that Prime Minister Narendra Modi has assured him to consider all the demands made by his government.

"Prime Minister spoke to me personally and assured me of all help and suggested that I visit New Delhi and meet the concerned Ministers and apprise them about the state's problems and pending projects. He also directed me to prepare a detail report on this matter," Yediyurappa said in a statement.

He claimed that a section of media has misinterpreted his speech which was plain and honest towards the development of the state.

"A section of media has attached motive to my speech which was plain and honest in its content. Being in federal set up, there is nothing wrong with placing the facts before the Prime Minister and making submissions," the Chief Minister said.

"As a Chief Minister, I placed our state's problems and need for more funds for developmental activities. I pleaded before the Prime Minister for more funds to the relief work, the scientific and remunerative price for the farm produces, and special fund of Rs 50,000 crore for speeding up of on-going irrigation work. As it was farmers' meet, I felt it worthy and timely to plead the Prime Minister for more funds for all the developmental activities in the state," he said.

Asserting that Prime Minister Narendra Modi is a great visionary and his concern for the poor and farmers is unquestionable, he said: "When the whole world is appreciating his statesmanship and visionary zeal, it is in very bad taste for the media to attribute motives to my speech and relate it to the Prime Minister."

Yediyurappa requested media to show support to his government in the interest of the development of the state.

"I humbly request the electronic and print media not to misinterpret but support the government in the interest of the development of the state and interests of the people. I hope the media will respond to my request," he said.

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