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
January 30,2020

Bengaluru, Jan 30: A kidnap case in Bengaluru has proved that crime-based series on TV channels can inspire youth to commit crimes. 21-year-old Chirag R Mehta, who kidnapped a schoolboy and got arrested within an hour after demanding Rs 5 lakh ransom, has told police that he thought of abducting the boy after watching Crime Patrol, a popular Hindi crime anthology series created by Subramanian S. lyer for Sony TV. 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.

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News Network
May 10,2020

Bengaluru, May 10: Amid the coronavirus lockdown, two police inspectors were suspended for their alleged involvement in the illegal sale of cigarettes.

"Two police inspectors suspended after an enquiry found their involvement in illegal sale of cigarettes during the lockdown in Bengaluru," informed Joint Commissioner of Police (Crime) Sandeep Patil while speaking to news agency.

More details in this regard are awaited.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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