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Providing jobs is govt’s responsibility, but youth should also try to get self-employed: Madhwaraj

coastaldigest.com news network
January 31, 2018

Udupi, Jan 31: “It is the responsibility of the system to provide jobs to the educated youth. However, the educated men and women also should try to get self-employed,” said Pramod Madhwaraj, Minister of State for Fisheries, Youth Empowerment and Sports.

He was speaking after inaugurating the Udyog Mela organised by the Department of Employment and Industrial Training and other organisations at the Dr. G. Shankar First Grade College and PG Centre, here.

Mr. Madhwaraj, who is also the Udupi district in-charge minister, said the Department of Employment should give first preference to Udupi district while providing employment opportunities. This was because the district was already in the forefront in the education sector in the State. Its educational institutions were generating a large number of graduates and postgraduates. These youth could become frustrated if they did not get jobs.

The youth, who passed from professional courses, were under far more pressure as they had taken educational loans to complete their courses.

These youth were being pressurised by their parents on one hand and by the banks on the other. Besides, mere possession of degrees would not fetch employment for the youth. They need to have soft skills. It was only when they had both that their chances of getting a job became bright, he said.

He said only 10% to 15% of youth got employment in the job melas. “The educated youth should try to become self-employed and generate jobs for others. Self-employment is an avenue some of the educated youth should explore. A lot of financial help is now being given to such ventures by the government,” Mr. Madhwaraj said.

Sridhar Bhat welcomed the gathering. Khalandar Khan, Employment Officer, delivered the introductory remarks. Bhaskar Shetty S., college principal, presided over the inaugural function. Ramaraya Acharya proposed a vote of thanks. Srikrishna Rao Kodancha, President of Udupi Chamber of Commerce and Industry, Jagadish, District Skill Development Officer, were present.

Comments

Mohan
 - 
Wednesday, 31 Jan 2018

Govt supported udhyogamelas are also just for mocking job seekers. They may do proper interview for 4-5 people. after that they will ask for cv and tell will inform later, that's it. 

Ganesh
 - 
Wednesday, 31 Jan 2018

There are thousands of unemployed people are in Karnataka. Govt must support for them.

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News Network
July 28,2020

Bengaluru, Jul 28: Several state Congress leaders, including its President D K Shivakumar, among others, were detained by police as they tried to march towards Raj Bhavan here against the alleged attempts by BJP to topple the party's government in Rajasthan.

Shivakumar, along with Leader of the Opposition Siddaramaiah, state Congress Working President Eshwar Khandre, Salim Ahmed among others were stopped by the police midway as they marched from KPCC office towards Raj Bhavan.

Congress leaders then staged a dharna at the place where they were stopped. Addressing the gathering, Shivakumar accused the BJP of trying to "murder" democracy by destabilizing and removing elected governments.

"We wanted to protest against it and submit a memorandum to the President through the Governor," but the Karnataka government by using police was not letting them proceed towards Raj Bhavan, he said. "Despite our being a peaceful protest, the police stopped us," he said.

Siddaramaiah, echoing similar views, said peaceful protests against injustice was the right of every citizen. Alleging that the BJP was attempting to destabilise and remove the elected government in Rajasthan as it did in Karnataka and Madhya Pradesh, he said the Governor's office there (Rajasthan) was being 'misused'.

The Governor was working like an agent of the central government, he charged. He said, despite repeated appeals by the Rajasthan cabinet, the Governor there had not convened the assembly session, for the floor test to take place and for Congress to prove its majority. Police subsequently detained Shivakumar and some other Congress leaders and took them to a nearby police station.

They were later released. Meanwhile, as the Congress' protest amid Covid19 pandemic did not follow social distancing norms, Medical Education Minister K Sudhakar hit out at that party's leaders. In a tweet Sudhakar said, for Congress leaders getting publicity was more important than social concerns.

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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News Network
July 12,2020

Mangaluru, Jul 12: Mangaluru City Corporation Commissioner tested positive for COVID-19 on Sunday.

He was suffering from fever since the last few days and today his swab results came out positive.

He is currently undergoing treatment at a private hospital in the city and his condition is stated to be stable.

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