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
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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News Network
February 12,2020

Social media giant Twitter briefly blocked the Karnataka BJP's account after it posted several provocative tweets and taunted Muslim women.

Ironically, the BJP called its unhygienic tweets as "liberal views". "It is unfortunate that our handle was locked out by Twitter for speaking the truth about liberals," it said.

"A big thanks for your support and encouragement. Satymeva Jayate. Jai Hind," the political party said to its supporters.

However, it did not specify for how long Twitter blocked its account but tweeted again on Wednesday after Monday.

Last week Karnataka BJP drew flak on Twitter for taking a swipe at Muslim women who appear to be standing in a line to vote in Delhi's assembly polls. ""Kaagaz Nahi Dikayenge Hum" ! ! ! Keep the documents safe, you will need to show them again during NPR exercise (sic)," the party's Karnataka Twitter handle posted using the hashtag #DelhiPolls2020.

It tweeted on Monday, accusing Congress leaders Sonia Gandhi, Manmohan Singh, Sushil Kumar Shinde and Vijay Bahuguna for "cheating" Dalits.

Karnataka BJP spokesperson G. Madhusudhan said that he had no idea about the account being blocked and then unblocked by Twitter.

"What has happened? I don't know," said Madhusudhana.

Reacting to the drubbing BJP suffered in the Delhi Assembly polls, the party tweeted that there is no need to lose heart.

"Now is the time to go back to voters to win their hearts and minds. Let us plan for 2025 from today. We are with you," tweeted Karnataka BJP on Wednesday.

Though BJP congratulated Arvind Kejriwal-led Aam Aadmi Party (AAP) for winning the Delhi polls, the party highlighted that it managed to increase it vote share by six per cent compared to 2015.

Also Read: Karnataka BJP taunts Muslim women, asks them to keep document safe for NPR

Comments

Well Wisher
 - 
Wednesday, 12 Feb 2020

No need to block them. What else can we expect from a bunch of idiots? Especially from "bada goatala kiya saar"

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