States in 'dire straits' due to Centre's failure in managing economy: HD Kumaraswamy

News Network
August 29, 2020
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Kumaraswamy

New Delhi, Aug 29: Lashing out at Prime Minister Narendra Modi-led government, former Karnataka Chief Minister HD Kumaraswamy said that states are in "dire straits" due to the failure of the Centre whose "management of the country's economy is flawed and marked by lack of vision".

"The states are in dire straits due to the failure of the Centre whose management of the country's economy is flawed and marked by lack of vision. Instead of asking the states to borrow from the RBI, the Centre itself should borrow from it and compensate the states for the losses," he tweeted.

In a series of tweets, he attacked the Centre over several issues including GST shortfall and also targetted Finance Minister Nirmala Sitharaman over her 'an act of God' remark.

"The irresponsible attitude of the Centre in shirking its commitment towards GST shortfall of the states is condemnable. It has dealt a blow to the federal structure of the country by describing the crisis arising out of COVID-19 pandemic as an unforeseen 'act of God'," Kumaraswamy tweeted.

His response comes a day after Sitharaman referred to COVID-19 pandemic as an "act of God" and said there could be contraction of the economy.

"This year we are facing an extraordinary situation. We are facing an act of God where we may even see a contraction of the economy," she had said.

Alleging that the Centre has literally ruined the economy of states, the Janata Dal (S) leader asked them to resort to borrowings to make up for GST shortfall and also repay them.

"Long ago, architect of the Indian constitution, Dr BR Ambedkar, had expressed concern that the danger of bringing about legislations that establish control over the states' economy through luring cannot be ruled out in the future. Now, the country is staring at such a danger," he said.

He claimed that states that are in a bad economic condition due to COVID-19 and floods are "cursing" the Centre.

"The Centre has placed two options before states. They can opt for borrowing either the GST shortfall amount of Rs 97,000 crores or borrow the entire revenue gap of Rs 2.35 lakh crore that has arisen due to GST shortfall as well as COVID-19 situation," Kumaraswamy said in another tweet.

"Shocked over such a development, the states are bewildered. What can they do if the Centre causes injustice to them citing COVID-19? The states that are in a bad economic condition due to COVID-19 and floods are cursing the Centre," he added.

On Thursday, Finance Miniter Nirmala Sitharaman chaired the 41st Goods and Services Tax (GST) Council meeting.

The Centre has given two options for compensating states on the Goods and Services Tax (GST) to bridge revenue shortfall as the economy faces a prospect of contraction in current fiscal year due to COVID-19 crisis.

The first option provides a special window to states in consultation with the Reserve Bank of India (RBI) to provide Rs 97,000 crore at a reasonable rate of interest. This money can then be repaid after five years from the collection of cess.

The second option is that the entire GST compensation gap of Rs 2.35 lakh of this year can be met by states in consultation with the RBI.

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News Network
January 8,2025

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Mangaluru, Jan 8: The serene beaches near Kulai Jetty under the limits of Surathkal police station turned into a scene of tragedy on Wednesday, January 8, as a group of four close friends saw their day of joy morph into heartbreak. 

Three young men lost their lives in the unforgiving waves, while one narrowly escaped death, saved by the heroic efforts of local fishermen.

The victims have been identified as: 

M. S. Manjunath (31), son of Shivlingappa, hailing from Upparigenahalli, Chitradurga district.

Shivakumar (30) from Shivamogga district.

Satyavelu (30) from JP Nagar, Bengaluru.

The sole survivor, Parameshwara (30), from Hangarga, Bidar district, now carries the weight of a harrowing ordeal and the devastating loss of his three closest friends.

These young men, all students of AMC Engineering College in Bengaluru, had embarked on a trip meant to create memories of joy and camaraderie. Driving overnight from Bengaluru, they reached Mangaluru on Wednesday morning. After breakfast at a local eatery, the group decided to visit the picturesque Kulai Jetty, seeking solace and adventure in the sea.

But their joyful outing took a tragic turn. While playing in the water, the four were caught in strong currents. Despite the swift intervention of local fishermen, only Parameshwara could be rescued in time. The lifeless bodies of Manjunath, Shivakumar, and Satyavelu were later found on the right side of the jetty, their dreams and futures cruelly cut short.

The Surathkal police, alerted to the incident, promptly arrived at the scene and began their investigation. The bodies were transported to AJ Hospital for post-mortem examinations, leaving their families and friends to grapple with the enormity of their loss.

A case has been registered at Surathkal Police Station. This incident serves as a stark reminder of the unpredictable and dangerous nature of the sea, urging visitors to prioritize safety above all else.

What was meant to be a day of joy has left a void that can never be filled, as three grieving families now face the unbearable pain of losing their loved ones.

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News Network
January 7,2025

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Mangaluru: A tragic road accident claimed the life of a young medical store owner on Monday, January 6, near Tiblapadavu, Natekallu, located on the outskirts of the city.

The victim, identified as 25-year-old Ausaf, was the proprietor of Hajira Medicals and the son of Jaleel, a resident of Derlakatte. 

The unfortunate incident unfolded as Ausaf was riding his bike from Derlakatte toward Tiblapadavu. Upon approaching a divider near Tiblapadavu, a lorry made a sudden turn, resulting in a collision between the motorbike and the rear of the lorry. Ausaf succumbed to his injuries on the spot.

Having completed his education a few years ago, Ausaf had taken up the responsibility of managing Hajira Medicals at Derlakatte Junction. He was well-known in his community for his dedication and service.

Authorities at the Mangaluru South Traffic Police Station have registered a case, and CCTV footage capturing the incident is under review. The tragic loss has left the local community in shock, mourning the untimely demise of a promising young entrepreneur. 

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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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