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Siddaramaiah invites NRI tycoons in UAE to invest in Karnataka

[email protected] (Shodhan Prasad)
May 2, 2017

Dubai: KNRI Forum-UAE president and chairman of Fortune Group of Hotels, Praveen Kumar Shetty in association with industrialist Ronald Colaco hosted the first ever historical KNRI-UAE Business Meet with Chief Minister of Karnataka Siddaramaiah at Fortune Park Hotel, Dubai Investment Park on Saturday the 29th April, 2017 evening with very many well-known business community Kannadiga invitees along with KNRI-UAE Office bearers which was a successful event hosted with dinner.

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Ronald Olivera as master of ceremony welcomed Siddaramaiah, Ronald Colaco, Praveen Shetty and all the dignified members of KNRI Business Executives to the business meet and elaborated on the event. CM was honoured with flower bouquet by Praveen Shetty and later other distinguished guests, Dr. Arathi Krishna, the Vice President of NRI Forum Govt. of Karnataka, Shri. Govindaraju, Ex-MLA Shri. H. Srinivas, MLA Moideen Bava and other dignitaries were welcomed with flower bouquet. Philanthropist Ronald Colaco was also later welcomed with flower bouquet by Praveen Shetty.

Siddaramaiah later inaugurated the event with the traditional lighting of the lamp along with Ronald Colaco & Praveen Shetty.

Praveen Shetty rendered the welcome speech and thanked all those who have wholeheartedly come to the event and also mentioned special thanks to the CM for accepting his invitation. He also thanked Ronald Colaco for supporting him in this historical event.

Ronald Colaco beautifully introduced Siddaramaiah with step by step chronological narration of a humble person’s true story from his early days to the current position how he ambitiously surpassed with double jump in his career all through and became a leader of the Kannadigas. He then said that he is proud to say that CM Siddramaiah is closely known to him all these years and respected him as a true leader.

The evening continued with introduction of all those invited Kannadiga NRI business community people who one by one introduced themselves to the audience as well as CM who was carefully listening all through.

CM later thanked Praveen Shetty for hosting such an event and thanked all those Kannadiga NRI business people for attending such an event. He then repeated some of his briefings of the previous day’s KNRI-UAE inauguration speech and said that it may educate those who have not attended the historical event. He requoted the words of the famous Kannada poet Kuvempu “Wherever you live, however you live be a Kannadiga anytime – Yelladuru iru, Yenthadaru iru, Yendendigu nee Kannada Vagiru “.

While briefing that Karnataka now has become No. 1 investment friendly state for Indians and also No. 2 as investors friendly state for foreign direct investments, he promised full cooperation and support with legal assistance to all those investors in their ventures in Karnataka.

While welcoming new investors he said that Karnataka government has started the Pravasi Bharatiya Conference which identifies the ‘Varshada Kannadiga’ and honours the identified business man of the year with the award every year.

He also briefed on the NRI Forum, Karnataka’s slogan ‘One State – Many Opportunities’ and said that Karnataka is the IT hub of the world with the state contributing over 40% of the IT Exports of India. He added that the GDP of the state grew at 5.3% v/s 5% of the India GDP and Karnataka is the ideal location for Hi-tech industries like Aerospace, Automobiles, IT & BT. He proudly stated that Bangalore is the Silicon Valley of India and Karnataka is the knowledge hub of Asia. The pamphlet distributed by the NRI Forum Karnataka states that Karnataka ranks 5th in India for growing vegetable crops, it is the largest producer of Floriculture, Spices, Aromatic and Medical Crops & Fruits, is producing 70% of India’s Coffee, 3rd state in India’s Sugar production and major scope for Agri-exports, Animal husbandry, Poultry, Milk & Fisheries in record.

Followed was question answer cession wherein some of the NRI Kannadigas who raised some valuable questions while CM responded politely with acceptance. Hafiz Saifulla, CEO of Zhumino Group of Companies highlighted on the vegetable exports from India which is banned due to the poor methodology. He said that we should work on providing Indian farmers with value added solutions so that our Products will have a high importance while on export market comparing the situations of those exports from other friendly states. He stressed that Karnataka should follow the methodology of Europe and set standards for Karnataka based perishable products. CM answering to his question invited him to raise this issue directly to him so that he will work on real solutions to this issue.

There were various other questions including providing spaces in some of the Industrial Zones and/or granting special zones for KNRI’s in those specified zones. Dr. Kaup, one of the respected member also stressed on giving permission for the foreign Educational Institutes and Universities to open up in Karnataka so that our own Kannadiga students will get some attractive opportunities to opt their higher studies in Karnataka instead of going to Europe.

CM shared and responded that there is a link created by the government for all the queries one may have and NRI Kannadigas can any time log in to it to know better Karnataka. He confirmed that his government is looking into all the grievances of Kannadigas worldwide and will be more than happy to address each and every issue one may have. While taking it forward into a complaint free state of India, he assured all assistance to the really required Indian Kannadigas in whatever issues they may have in the development of the Karnataka State.

Ronald Olivera concluded the evening with vote of thanks which was followed by sumptuous classic dinner hosted by Fortune Group of Hotels. Broadway Events headed by Joel Crasta supported both the KNRI-UAE main event & the Business Dinner event with sound, light and photographs professionally.

Also Read: CM inaugurates Karnataka NRI Forum-UAE; hails initiative of Kannadigas

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News Network
July 22,2020

Bengaluru, Jul 22: Karnataka Governor Vajubhai Vala, had appointed five persons to the Karnataka Legislative Council, which remained vacant, including former ministers H Vishwanath and C P Yogeshwar, here on Wednesday.

In a Raj Bhavan communique issued here on Wednesday, it was stated that the Governor had accepted the names suggested by the Chief minister B S Yediyurappa, to fill the vacancies in the Upper House.

Apart from H Vishwanath, and Yogeshwar, the others who were nominated to the Council, were former MLA Bharathi Shetty, Shantharama Budna Siddi, and Talwar Sabanna.

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News Network
April 16,2020

Bengaluru, Apr 16: The lockdown in the wake ofthe coronavirus pandemic has turned out to be a deeply painful story for the Kannada film industry.

Schedules have gone awry following the stay-at-home curbs and operators in Sandalwood, as the industry is popularly known as, say about 100 films under production are affected.

They include big budget movies- 'Raja Veera Madakari Nayaka', 'Kotigobba 3', 'Robert' and 'Yuvaratna.'

Noted producer Rockline Venkatesh told P T I that the loss to the industry is to the tune of hundreds of crores of rupees.

In addition, it's a challenge for producers to secure the content of their movies from "piracy and leak" during long periods of time before their release, Venkatesh, who is Secretary of Karnataka Cine Artistes' Association, said.

A leading distributor said even after the lockdown is lifted and situation returns to normalcy, it remains a big question if investment in film business will pay off at all.

"People don't have money. We will know the impact when things become normal. Questions many ask if people will return to cinema halls like the way they did before or they prefer to stay away from crowd."

Venkatesh, who had also produced Rajinikanth-starrer 'Lingaa' and co-produced 'Bajrangi Bhaijaan' with Salman Khan in the lead role, said it would take at least one to one-and- half years for the industry to be back on its legs.

"That too if the government does hand-holding but if the industry faces a bad hit in terms of income tax and GST and other taxation, 80-90 per cent of the industry will face closure," he said.

"It does not matter if the government does not help the industry but they should not trouble us with things like IT and GST," Venkatesh, who is also a distributor and artiste, said.

A top director said people's "behaviour" towards movies is crucial for the industry's health in the post lockdown scenario.

"With people likely to shy away from going to malls, cinema theatres because of large gatherings there, it's going to be a long road to recovery for us", an industry insider said.

Striking a philosophical tone, Venkatesh said all that people worry now is to save their life and keep good health, adding, amassing money and wealth is the last thing on their mind.

Producers Soorappa Babu and Umesh Banakar, who is also Vice-President of the Karnataka Film Chamber of Commerce, told P T I that the industry has taken a huge hit.

Banakar said the loss to the industry due to the lockdown is at least Rs 1,000 crore.

"The coronavirus has affected the entire world. We don't know what to do; we just have to wait," Soorappa Babu, producer of Kiccha Sudeep-starrer 'Kotigobba 3', said.

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News Network
April 22,2020

Bengaluru, Apr 22: The Karnataka government has announced partial relaxation of COVID-19 lockdown norms in the state allowing certain construction activities, manufacturing of packaging materials, courier services, among others, from April 23.

The activities will be permitted only outside the COVID-19 containment zones identified by the government.

Service provided by self-employed people like electrician, IT repair, plumbers, motor mechanics, and carpenters in local areas have also been given exemption.

Tea, coffee and rubber plantation have been allowed to work with 50 per cent workforce, and a similar exemption have been given to processing, packaging, sale and marketing of these produce.

“To mitigate hardship to the public, select additional activities have been allowed,which will come into effect from 00.00 hours of April 23,” Chief Secretary TM Vijay Bhaskar said in an order on Wednesday.

However, these additional activities will be operationalised by District Administrations and BBMP (city corporation in the case of Bengaluru city) based on strict compliance to the guidelines on lockdown measures, it said.

Before operating these relaxations, district administrations and BBMP (city corporation) shall ensure that all the preparatory arrangements on social distancing in offices, work place establishments as also sectoral requirements are in place, it said, adding that relaxations will not apply in containment zones.

Facing a financial crunch, the state government has been eager to kick-start economic activities in the state that had come to halt due to the coronavirus lockdown.

While hospitality services, bars, malls, theatres, shopping complexes, religious and places of worship among others will continue to remain shut, relaxation of norms has been for activities that are linked to essential services such as health, infrastructure and agriculture.

As per the order, while, public transportation will continue to remain suspended till May 3,private vehicles with passes for emergency services and personnel commuting with passes to places of work and back will be allowed.

Activities permitted include construction of roads, irrigation projects, buildings and all kinds of industrial projects, including MSMEs, in rural areas and all kinds of projects in industrial estates, where workers are available on site and no one is required to be brought in from outside.

Also permitted to function are manufacturing units of essential goods – drugs, pharmaceuticals, medical devices, their raw materials and intermediates;

food processing industries in rural areas, coal production (mines and mineral production and activities incidental to mining) besides manufacturing units of packaging materials.

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