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.
The kidnapped schoolboy was rescued by the police and reunited with his parents. Son of a gift shop owner from Basavanagudi area in Bengaluru, Chirag has reportedly told police that decided to make some quick money to spend on cricket betting and gambling after learning kidnap tricks from the ‘Crime Patrol’. According to police, Chirag reached a private school around 3pm on Tuesday on a Bounce rental bike and zeroed in on a fourth standard student who was walking out of school. He told the boy he was his father's friend and that he required help to search for a relative who had gone missing. The boy believed Chirag and rode pillion on the bike. Chirag then engaged the boy in conversation and learnt about his father's business and got his mobile phone number. He then made a call to the boy's father, demanded Rs 5 lakh and warned him against approaching cops. However, the boy's father alerted Cottonpet police and special teams were formed to crack the case. While Cottonpet inspector Venkatesh TC's squad verified CCTV footage in and around the school, Chamarajpet inspector BG Kumaraswamy's team started tracking the suspect's mobile phone movements. An hour later, the suspect's location was traced to a hotel on the Lavelle Road-St Mark's Road stretch. Police rushed there, rescued the boy and arrested Chirag.
Comments
All because of our hon. PM FEKU
Entire India is affected badly. It helped only for Ambani, Feku and Jaitley
Demonetisation affected more i guess. There was more black money.
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