‘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
July 20,2020

Bengaluru, Jul 20: Karnataka Minister for Primary and Higher Education S Suresh Kumar today said that the results of the Secondary School Leaving Certificate (SSLC) Examinations, held amidst Corona threat, will be announced in the first week of August.

Speaking to newsmen on Monday after visiting the evaluation centres in the City, said that the work is in full swing and it was proposed to announce the results by end of first week next month.

He said that the evaluation of the answer sheets are set to take another 10-12 days. Currently, evaluations of the answer sheets are taking place at 220 centres in the State.

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News Network
August 6,2020

Bengaluru, Aug 6: Karnataka Chief Minister BS Yediyurappa on Wednesday asked the state chief secretary to take necessary steps in view of the rising rainfall in the state and gave instructions for releasing Rs 50 crore for emergencies.

"CM BS Yediyurappa has instructed Chief Secretary to take appropriate precautions in view of the rise in rainfall activity across the state. CM advised Chief Secretary to keep in touch with district officials and instructed to release Rs 50 crores for emergencies," an official release said.

India Meteorological Department has issued a red alert in a number of districts in the state.

CS Patil, Director, India Meteorological Department (IMD) Bengaluru said that red alert has been announced in Udupi, Dakshina Kannada, Uttara Kannada, Chickamagalur, Shivamogga, Kodagu and Hassan due to heavy rainfall in the region from last two-three days.

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News Network
February 16,2020

Udupi, Feb 16: Nine people were killed after a private bus collided with a large roadside boulder in Udupi district in Karnataka on Saturday, the police said. The accident took place on Saturday evening, at around 5.45 pm, on the Mulnur Ghat at Abbas Kattingeri in Mala village, while the bus was on its way to Mangaluru from Sringeri, reported the news channel.

The bus, which was reportedly carrying around 35 passengers, was trying to manoeuvre a turn while travelling on a ghat road when the driver allegedly lost control of the vehicle. The vehicle hit a massive boulder and the impact caused seven people to die on the spot. Two others passed away while they were on the way to the hospital.

The deceased passengers have been identified as Radha Ravi, Yogendra, Preetham Gowda, Basavaraju, Angana, Sharul and Ranjitha. The cleaner of the bus was also killed in the accident.

According to reports, the passengers in the bus were mostly in their early 20s and were employees of Vital Records Private Limited near JCK Industrial Park. Century Vital Records is a data security company which works in the Hebbal Industrial Mysuru. The group was visiting Udupi, Hornadu and Kudremukh.

While some of the injured persons were rushed to Manipal hospital, others were taken to the Karkala city government hospital, police said.

The police have said that rash and negligent driving by the driver is likely to have caused the accident. A case has been registered at the Karkala Rural Police Station, the police said.

Last month, three persons were killed and four others were injured after a fatal collision between a van and a bus near Bengaluru. Both the vehicles caught fire after the impact, but while passengers of the bus, travelling from Bengaluru to Shivamogga, managed to escape, the three passengers who were trapped in the van could not escape and were charred to death.

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