No universally applicable theory of development'

[email protected] (CD Network)
October 18, 2011

Mangalore, October 18: Economic growth and development still remain something of a mystery as there is no universally applicable model or theory of development, said Dr. GV Joshi, Professor of Economics, JKSHIM, Nitte.

He was presenting a paper on 'Economic Development: Enduring or Inclining?' in the first session of 'Samprathi-2011' a two-day national seminar on 'sustainable development: towards a self-reliant India' organised by St Aloysius College (Autonomous), here on Tuesday.

“We have to learn from all theories without accepting anyone of them in Toto. There is no consensus on what works for growth and development. There is no clear way to ease poverty. Growth or development is purely a subjective phenomenon. In face there is a need for rethinking development economics”, he said.

“The thought on development has passed through five stages. Now the accent has shifted from the mere dynamics of growth to include the institutions to deliver the benefits of growth to the poor and the disadvantaged. Precisely, this is the institutions to deliver the benefits of growth to the poor and the disadvantaged. Precisely, this is the stage in which the concept of inclusive growth has gained a lot of currency”, he said.

Dr Joshi said that there are empirical studies establishing the relation between economic growth and reduction in poverty. One empirical study (2009) indicates that Cambodia, India, Mongolia and the Philippines from a category of countries in which economic growth failed to help many who are poor. There is a realization that growth will generally be not pro-poor if left completely to markets, he said.

“Economic growth or development has to become enduring and sustainable by ameliorating the condition of the poor and the marginalized sections of the society. Growth should be fair and just, employment-oriented and environment friendly, not ruthless, rootless, voiceless and futureless. Specific policy measures are needed to make economic development enduring and sustainable because as things stand today, it is inclining and exclusive”, he added.

The programme was be inaugurated by Ramakrishna Y B, Executive Chairman, Karnataka State Biofuel Development Board, Bangalore.

Fr Joseph Ignatius Rodrigues SJ, Rector, St. Aloysius Institution, Mangalore presided over the function.

Dr. H. Sudarshan, Director, Karuna Trust & VGKK, Bangalore, delivered keynote address.

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News Network
January 9,2025

Udupi: In a shocking case of cyber fraud, a 38-year-old woman from Karkala in Udupi district, has reportedly lost Rs 24 lakh to a digital arrest scam. The victim, Preema Sheril D'Souza, fell prey to a fraudulent scheme orchestrated through fake calls and threats.

According to the complaint filed, the incident unfolded on Tuesday when Preema received a call at 12:30 pm from an individual claiming to represent the Delhi Telecom Department. The caller alleged that another SIM card had been purchased using her Aadhaar number and was being used for illegal activities in Uttar Pradesh, leading to multiple cases being registered against her.

To add credibility to the scam, the caller arranged a video call where a person dressed as a police officer introduced himself as a CBI official. This individual instructed her to cooperate with the "investigation" and warned her not to disclose the matter to anyone. The scammer also issued threats, claiming that harm would come to her husband and child if she failed to comply.

Under duress, Preema was coerced into sharing her bank account details and transferring a staggering Rs 24 lakh to accounts specified by the fraudsters. She transferred Rs 14 lakh to an account in Federal Bank and Rs 10 lakh to an account in Yes Bank via RTGS from her Fixed Deposit account. The threats of an arrest warrant further pressured her into complying with the scammers' demands.

Upon realizing the fraud, she reported the incident to the authorities. A case has since been registered at the Karkala Rural Police Station, and investigations are underway.

This incident serves as a critical reminder to stay vigilant against such scams. Individuals are advised to verify the identity of callers and refrain from sharing sensitive information or transferring money without proper authentication. If you encounter similar fraudulent activities, report them immediately to the police or cybercrime cell.

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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 3,2025

protestarrest.jpg

BJP MLA Vedavyas Kamath and several BJP leaders were arrested in Mangaluru during a protest organized by the Dakshina Kannada BJP Yuva Morcha near Mini Vidhana Soudha. 

The protest targeted the Congress-led Siddaramaiah government, accusing it of fostering an environment of harassment and distress, which the BJP claims has led to multiple suicides among contractors and government officials.

Key Points:

Addressing the gathering before his arrest, Kamath criticized the Congress government, alleging that neither contractors nor honest officials have found peace since it assumed power. He remarked, "Suicide seems to be the only 'guarantee' under this administration."

Kamath cited the suicide of contractor Sachin, allegedly driven to death by harassment from individuals linked to Minister Priyank Kharge.

Other cases highlighted included the suicides of Chandrashekar, superintendent of the Maharshi Valmiki Development Corporation, and Rudresh, who was allegedly harassed by an aide of Minister Lakshmi Hebbalkar.

Kamath also referred to a Dalit inspector, Parashuram, who reportedly succumbed to alleged torture connected to Congress MLA Channareddy Patil’s son.

He accused Chief Minister Siddaramaiah and Deputy Chief Minister D K Shivakumar of remaining silent due to political fears over their positions.

Prominent BJP leaders such as Ramesh Kandetthu, Premananda Shetty, Vikas Puttur, Nandan Mallya, Monappa Bhandary, Pooja Pai, Deputy Mayor Bhanumathi, and Sanjay Prabhu participated in the protest alongside party workers and municipal council members.

The protest escalated, resulting in the arrest of Kamath and other BJP leaders by the police, marking a dramatic standoff between BJP and Congress.

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