Kasargod celebrates its 28th birthday

[email protected] (CD Network)
May 25, 2012

kasargod

Kasargod, May 25: People from different walks of life hailed the Cabinet decision to address the backwardness of the district and for agreeing in-principle to accept the recommendations of the National Human Rights Commission (NHRC) for the endosulfan victims.

To them, the move is a 'birthday gift' for the district, celebrating its 28th anniversary of formation, on Thursday.

The State Cabinet decision, to appoint a commission by retired Chief Secretary and former District Collector P. Prabhakaran to submit a report on development needs of the district within six months and allocation of Rs. 5.85 crore to upgrade the police force in view of the recurring communal clashes here, should be viewed as a “birthday gift” for the district, said Kerala Pradesh Executive Committee member M. C. Jose.

Mr. Jose also lauded Chief Minister Oommen Chandy for agreeing to in-principle accept the recommendation of the NHRC, urging the government to pay a compensation of Rs.5 lakh each for the families of deceased endosulfan victims and Rs.3 lakh each for the ones seriously ailing.

The Cabinet moves, to seek from the Centre a review on its decision on import of areca nut to save the cash- strapped farmers in the district, was also a welcome step, he said. The decision came after proposals for a comprehensive development package and other issues, concerning the backward district, was submitted to Mr. Chandy by a team of Congress leaders, he claimed. The leaders were led by Kerala Pradesh Congress Committee (KPCC) President Ramesh Chennithala in Thiruvananthapuram on May 18.

The proposals were codified during Mr. Chennithala's interaction with a cross section of the society during the recently held 'Sneha Sandesha Yatra' led by him to campaign against recurring communal clashes in parts of the district, Mr. Jose said, lauding the efforts of the KPCC president.

On the decision to agree in-principle to implement the NHRC recommendation on endosulfan victims, senior Congress leader V.M. Sudheeran, in the forefront to coordinate relief and rehabilitation of the victims, called for a mechanism to ensure effective implementation of the already announced rehabilitation packages.

Lack of coordination

“There appears to be lack of effective coordination among various agencies to take the relief and rehabilitation packages and the assured medical modules to the victims,” Mr. Sudheeran told The Hindu over phone. The authorities should now strive to convene a meeting involving people's representatives, officials concerned and anti-endosulfan activists in the presence of Mr. Chandy, he said.

Lauding the Cabinet decision, Anti-endosulfan Campaign Committee Vice-President Narayanan Periya wondered why the government was “reluctant” to consider the study on the health hazards of endosulfan, submitted by the Kozhikode Medical College, when the report was accepted by the Indian Council of Medical Research (ICMR).

The report by the Medical College had even been submitted before the Supreme Court.

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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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News Network
June 18,2020

Bengaluru, Jun 18: Real estate continues to be a preferred asset class for investors amid the uncertainty emerging out of the pandemic, according to a report by National Real Estate Development Council (NAREDCO) and Housing.com.

Titled 'Concerned yet positive - The Indian Real Estate Consumer (April-May 2020)', the report showed that the real estate consumer remains positive with regard to the economic scenario and income stability for the coming six months.

"Real estate (35 per cent) is still perceived as the preferred mode of investment, followed by gold (28 per cent), fixed deposits (22 per cent), stocks (16 per cent) and homebuyers are likely to slowly return to the market in the coming six months," it said.

Price-points of residential realty have remained muted for the past few years, but are still a key deterrent, with the perception of being still unaffordable, according to nearly half of the potential homebuyers surveyed, who are currently staying in rented accommodation.

A majority of respondents surveyed (73%) comprise 'first time homebuyers', who are looking to buy a 'ready-to-move-in-house' for end-use and are from the age group of 25-45 years. While 60% of respondents opined that for the next six months, they would prefer a ready-to-move-in property, 21% said they were okay with a property with a delivery timeline of maximum one year.

The survey was conducted in April and May 2020, through a random sampling technique for a fair representation across regions. The insights presented in the survey represent the view of more than 3,000 potential homebuyers.

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News Network
May 27,2020

Mangaluru, May 27: The Dakshina Kannada PU College Principals' Association on Wednesday appealed to the authorities to postpone the evaluation of PUC II answer scripts, as the Novel Coronavirus was still active and there was all possibility of the infection spreading.

Speaking to reporters here, Association President Umesh Karkera said, ''It is our duty to evaluate the answer scripts. But amid the fear of COVID-19 and lockdown, evaluators are not able to reach the valuation Centre to take up the work.

''The department of pre-university education has asked the Deputy Chief Examiners and the Assistant Examiners to reach the venue on May 27 and 29, respectively, to take up the evaluation work.

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