Mangaluru: Cost of site at ‘Plastic Park’ not affordable, say manufacturers; 39 entrepreneurs ready to set up units, claims Kateel

News Network
June 4, 2023

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Mangaluru: While the plastic park project, which is being set up by the Union ministry of chemicals and fertilisers at Ganjimutt in Mangaluru taluk is getting momentum, 

The Plastic Manufacturers Association has urged the government to reduce the cost of industrial plots at the plastic park project which is being set up by the Union ministry of chemicals and fertilisers at Ganjimutt in Mangaluru taluk. The price of the site is currently fixed at Rs 1.2 lakh per cent of land.

On the other hand, Dakshina Kannada MP Nalin Kumar Kateel, who visited the project site on Saturday, told reporters that the project will come up on 104 acres at a cost of Rs 62 crore. While infrastructure will be provided for 52 industrial plots, 39 entrepreneurs have shown interest in setting up units, he said. 

“The plastic park will have roads, a Central Institute of Petrochemicals Engineering & Technology (CIPET) Institute, separate hostels for men and women, guest house, cafeteria, warehouse, and water supply and sewage system. The funds allocated for the establishment of the plastic park includes Rs 31 crore from the central government and an equal amount from the Karnataka Industrial Area Development Board (KIADB),” he said.

The project will ensure job opportunities for locals, once the project is completed, Kateel said. “Many industries have already come forward to set up units in the plastic park. Works related to the development of infrastructure and buildings have already begun. The CIPET institute will provide all technical support and extend training for the manpower required in the industries. Plastic-based industries may start production at the park without any hassle. The plastic park is expected to attract investments to the tune of Rs 6,000 crore, and it will ensure jobs for 1,000 people directly, and more than 10,000 indirectly,” Kateel said, adding that a foundation stone laying ceremony will be held soon, and the work is expected to be completed within a year.

Canara Plastic Manufacturers Association president BA Nazeer said that the price of land should be reduced from Rs 1.2 lakh per cent to Rs 50,000. 

“The KIADB should reconsider the price of land fixed for industries, as Rs 1.2 lakh per cent is too costly, considering the value of land in the area. Further, the process of allotment of industrial plots should be done in Mangaluru, instead of Bengaluru,” he added. Meanwhile, Ganjimutt gram panchayat members demanded that separate land should be identified for waste management.
 

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News Network
October 29,2024

Mangaluru: A fraud case involving ₹43.32 lakh has been reported at the CEN station, where an individual was deceived under the guise of investment opportunities. 

The victim was promised high returns from stock and Initial Public Offering (IPO) transactions.

According to the complaint, the victim received a WhatsApp message on September 25 from an unknown sender identifying himself as Manju Pachisi, an Assistant at IIFL Securities Limited. 

The sender encouraged the victim to invest by sharing an online link, claiming significant profits could be earned from stock and IPO transactions.

Additionally, another link was sent via the Telegram app. Trusting the information, the victim transferred a total of ₹43.32 lakh in phases between September 26 and October 23. 

However, when he attempted to withdraw his funds, he was informed that he needed to pay a 25 percent commission. Realizing he had been duped, the victim promptly filed a complaint with the authorities.

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News Network
October 28,2024

Bengaluru: The Enforcement Directorate on Monday undertook fresh searches in connection with the Mysuru Urban Development Authority (MUDA) linked money laundering case in which it has booked Karnataka Chief Minister Siddaramaiah, official sources said.

About seven-eight premises in Bengaluru and Mysuru are being covered, the sources said.

The federal agency had conducted the first round of raids in this case on October 18 when it searched the MUDA office in Mysuru and some other locations.

It also questioned some lower-rank officials of the MUDA at its Bengaluru zonal office last week.

The ED has filed a enforcement case information report (ECIR) under the Prevention of Money Laundering Act (PMLA) to book the CM and others taking cognisance of a Lokayukta FIR.

Siddaramaiah is facing Lokayukta and ED probes into alleged irregularities in the allotment of 14 sites to his wife by the MUDA.

Siddaramaiah's wife Parvathi B M, brother-in-law Mallikarjuna Swamy, Devaraju -- from whom Mallikarjuna Swamy purchased land and gifted it to Parvathi -- and others are named as other accused in the case by the two probe agencies.

Parvathi was recently questioned by the Lokayukta.

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News Network
October 27,2024

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The death toll from the overnight Israeli aggression against a number of military positions across Iran has risen to four.

Earlier the Iranian Army had announced the martyrdom of two of its forces in the Israeli attack, who lost their lives “while confronting the projectiles of the criminal Zionist regime in order to safeguard the security of Iran and prevent harm to the Iranian nation and interests.”

Media reports identified the two martyred Army forces as Major Hamzeh Jahandideh and Sergeant Mohammad-Mehdi Shahrokhifar.

Major Sajjad Mansouri and Sergeant Mehdi Naghavi, who had been injured in line of duty, also succumbed to their injuries, reports said.  

The strikes targeted parts of military sites in the capital Tehran as well as the western and southwestern provinces of Ilam and Khuzestan, with Iran’s air defense saying the attacks were “successfully intercepted and countered.”

The attacks caused “limited damage” in some locations and the dimensions of the incident are under investigation.

Despite Israeli media reports overplaying the Israeli attack by circulating fake images, the Iranian public returned to their routines and daily life continued smoothly across the country.

Iran’s Civil Aviation Organization announced that flights had resumed after a short interruption and footage from Mehrabad Airport in western Tehran showed operations running normally, with passengers moving through as usual.

The Tehran Oil Refining Company also dismissed rumors of an Israeli attack on its facilities.

On October 1, Iran responded to the Israeli assassination of Hamas political bureau chief Ismail Haniyeh, Hezbollah Secretary General Sayyed Hassan Nasrallah, and senior IRGC commander Abbas Nilforoushan by launching as many as 200 ballistic missiles toward the occupying regime’s military and intelligence bases all over the occupied Palestinian territories.

Dubbed Operation True Promise II, the retaliatory strike dealt a severe blow to the illegal regime all the more ruinous than its prequel in April, with Tel Aviv having so far declined to reveal the extent of loss it suffered despite vowing to respond on several occasions.

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