Karnataka is waiting: When will Modi govt release pending Rs 11,000 cr from GST?

News Network
May 29, 2021

Bengaluru, May 29: The Karnataka government on Friday asked the GST council of Narendra Modi government to release compensation of Rs 11,000 crore to the state that is pending for the 2020-21 financial year.

Home Minister Basavaraj Bommai, who represents the state in the GST Council, which met today under the Chairmanship of Union Finance Minister Nirmala Sitharaman, requested it to extend the loan facility for compensation to the states to 2021-22 fiscal, his office said in a statement. 

The Minister also discussed the demand that the GST compensation to states be extended beyond 2022. Bommai further said that goods like oxygen equipment, PPE kits and medicines for black fungus should be included in the list of concessional goods.

He also suggested bringing down tax rates on Covid- related goods from 12 per cent to 5 per cent for medical grade oxygen, oxygen concentrators/generators, pulse oximeters and testing kits till August 31.

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News Network
January 13,2025

Mangaluru: Non-Resident Indians (NRIs) in Singapore remain determined to establish direct air connectivity between Mangaluru and Singapore despite setbacks. This follows Air India Express' (AIE) recent decision to postpone its planned direct flight service on this route, disappointing many expats.

In response, NRIs have proposed an alternative solution: extending IndiGo's existing Singapore-Bengaluru flight to Mangaluru. Currently, the Singapore-Bengaluru flight lands at Kempegowda International Airport at 7:40 AM, but passengers cannot board the 9:00 AM Bengaluru-Mangaluru connection due to insufficient transit time. Extending the Singapore-Bengaluru flight to Mangaluru would address this issue and benefit travelers.

Rajesh H. Acharya, director of HQ Connections in Singapore and coordinator of the Singapore Tuluver community, expressed disappointment over AIE's handling of the situation. "We’ve been advocating for this route since 2017, and it was close to becoming a reality. However, the sudden postponement and lack of stakeholder support have delayed our efforts," he said.

A petition has been submitted to IndiGo Airlines requesting the introduction of a direct Mangaluru-Singapore flight. Alternatively, it suggests extending IndiGo’s existing Singapore-Bengaluru flight to include Mangaluru. Expats have also approached Scoot Airlines in Singapore for direct connectivity. However, the lack of 'Point of Call' status for Mangaluru Airport remains a significant hurdle for international flights.

Despite the challenges, NRIs continue their efforts to make direct air connectivity between Mangaluru and Singapore a reality.

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News Network
January 9,2025

Mangaluru: Establishing a Beary Development Corporation is a valid demand, but its implications must be carefully studied, remarked Speaker UT Khader. He proposed forming an expert committee to evaluate the corporation’s potential impact on the Beary community during a district-level conference of the Beary-speaking community, organized by the Akhila Bharata Beary Mahasabha at Kudmul Ranga Rao Town Hall on Wednesday.

Khader expressed concerns over inefficiencies in existing government-established corporations, such as unfilled leadership positions, lack of appointed members, and insufficient funding. “The Beary Development Corporation must avoid similar pitfalls,” he emphasized. He noted that the Minorities Development Corporation already provides various schemes for Beary Muslims, urging a detailed assessment to ensure the new corporation’s funding does not fall short of current provisions, which could disadvantage the community.

Praising the industrious and self-respecting nature of the Beary community, Khader highlighted the respect Beary elders once commanded in villages. He encouraged the youth to uphold this legacy and actively contribute to the community’s progress. Additionally, he commended the Beary youth for their swift and dedicated responses during emergencies, which have garnered widespread recognition.

Khader underscored the importance of unity, cautioning against fostering divisions within the community. He also stressed the critical role of education in development, urging the maintenance of detailed records for SSLC and PUC students to track progress.

The event was presided over by Azeez Baikampadi, president of the Akhila Bharata Beary Mahasabha. Among the dignitaries present were former MLA Mohiudeen Bava and retired police officer GA Bawa. Dr. UT Ifikhar Ali Farid, honorary president of the Akhila Bharata Beary Mahasabha and chairman of the Karnataka State Allied and Healthcare Council, was felicitated during the program.

In notable initiatives, Kanachuru Monu, chairman of Kanachuru Medical College, unveiled the Mahasabha’s new website, while Sheikhabba Karnire of Expertise Company, Jubail, launched an IAS-IPS program aimed at empowering the Beary community.

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News Network
January 17,2025

airkerala.jpg

Dubai: Air Kerala, India’s newest airline supported by UAE investors, has selected Kochi International Airport as its primary operational hub. The airline announced this decision early Thursday, revealing plans for its inaugural domestic flight from Kochi in June this year, followed by a UAE launch in 2027. 

The announcement was made at a press conference in Kochi recently in the presence of several members of the Kerala government, including Industries, Law, and Coir Minister P. Rajeve.

P. Rajeve expressed, "Air Kerala’s establishment marks a proud moment for the state, promising to enhance connectivity, generate employment, and boost tourism."

Chairman Afi Ahmed, a Dubai-based entrepreneur, highlighted, "Choosing COK as our base underscores our confidence in Kerala's potential to emerge as a key aviation hub. We are eager to contribute to and connect the state's growth with the world."

Aircraft Acquisition:

CEO Harish Kutty announced that the initial phase will utilize five leased aircraft, each with a 76-seat capacity. An agreement has been finalized with an Irish lessor for these planes. Over the next two years, the airline plans to acquire an additional 20 new aircraft.

Air Kerala aims to expand its services internationally, connecting major cities and reaching smaller towns across South India.

Economic Impact and Growth:

According to Ahmed, as Kerala’s first airline, Air Kerala is poised to significantly impact the state's economy. "The airline’s operations will create 750 direct and indirect job opportunities in its first year," he stated.

The airline also anticipates a boost to Kerala's tourism sector. Ahmed noted, "With affordable fares and accessible routes, Air Kerala aims to attract global tourists eager to explore Kerala."

Harish Kutty emphasized the airline's commitment to operating as a true ultra-low-cost carrier, making air travel affordable for all. "We aim to convert bus and train passengers into air travelers with our competitive fares and superior service," he affirmed.

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