Post Budget Analysis held at Alva’s

Media Release
February 26, 2021

Moodbidri, Feb 26: Mere sloganeering, political benefits, and hero-worshipping were the highlights of the Union Budget 2020-21, opined renowned economist, retired professor Dr. G.V. Joshi.

He was speaking as a moderator at a panel discussion on Union Budget organised by PG Department of Business Administration of Alva’s Institute of Engineering and Technology here on Thursday.

He criticised that the present budget aimed at privatisation of every sector. “The present budget still rallies around the recommendation of Swaminathan Commission which is outdated at present. There should be inclusive development of weaker sections of the society. However, the budget neither mentioned the inflation problems nor it talks about a slow economy,” he said.

Jayaprakash Rau, retired IRS officer argued that the present budget completely ignored the population effects on the economy, self-esteem.  “It was unfortunate that the pandemic like Covid-19 had to happen to wake up the government to realize the idea of self-reliant India,” he said.

‘Seaweed Cultivation encouraged’

Nitin J Shetty, Chartered Accountant, was in praise of the budget when he said that the government was right in encouraging seaweed cultivation as India has approximately 8000 kilometer of coastline. Setting up of National Translation Policy is also much appreciated, he said.

Dr. Prakash Paneerselvan, Assistant Professor, National Institute of Advanced Studies, Bengaluru who talked about defence sector said that the dearth of self-realised indigenous technology is one of the biggest problems in the sector.

Krishna Bhat, entrepreneur said that India’s low rank in the Ease of Doing Business Index is worrisome. “Labour laws are not reformed from ages. Bureaucracy is the reason for hindrance for growth,” he said.

Shridhar G. Bhide, President, Karnataka State Rubber Belegarara Hitarakshana Vedike, said that every government was indulged in the silly gimmick of giving loans to the farmers and waiving off later.

Vishweshwara Bhat Bangaradka, agriculturist, said when the government talks about the welfare of the farmers it is about marginalised farmers. “The only sector which saw progress despite the economic slowdown and the pandemic was agriculture,” he said.

Vivek Alva, Management Trustee, Alva’s Education Foundation presided over the function.

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coastaldigest.com news network
December 2,2025

karkala.jpg

Udupi, Dec 2: A wave of regional pride is sweeping through Udupi district as Shagun S Verma Hegde, a talented Class 9 student from Christ King English Medium High School, Karkala, has been named the captain of the Indian National Team for the Under-15 Girls’ Volleyball Championship.

Shagun holds the unique distinction of being the sole player from Karnataka selected to represent the country in the prestigious international tournament. The championship, organized by the School Games Federation, is scheduled to take place in Shangluo, China, from December 3 to 13, where Shagun will lead the national squad.

A Remarkable Journey to the Top

Shagun’s selection is a testament to her dedication and exceptional skill on the court. Her journey included several rigorous rounds of selection:

•    She was the only player from Udupi district to qualify for the state-level selection camp.

•    Out of eight players from Karnataka who advanced to the national selection camp in Pune, Maharashtra, Shagun was the only one to secure a place in the final national squad.

•    The national camp saw participation from approximately 200 players, which was shortlisted to 23. Shagun not only made the final cut but was also ranked as the second-best player overall, solidifying her leadership role.

Shagun, who is the daughter of Sandesh Verma and Shruthiraj of Kallotte, Karkala, has trained under experienced coaches Santosh D’Souza, Jeevan D’Silva, Jairaj Poojary, and Ramesh. Her selection as the team captain has brought profound honour to her family, school, the Udupi district, and the entire state of Karnataka.

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News Network
December 4,2025

Mangaluru: Chaos erupted at Mangaluru International Airport (MIA) after IndiGo flight 6E 5150, bound for Mumbai, was repeatedly delayed and ultimately cancelled, leaving around 100 passengers stranded overnight. The incident highlights the ongoing country-wide operational disruptions affecting the airline, largely due to the implementation of new Flight Duty Time Limitations (FDTL) norms for crew.

The flight was initially scheduled for 9:25 PM on Tuesday but was first postponed to 11:40 PM, then midnight, before being cancelled around 3:00 AM. Passengers expressed frustration over last-minute communication and the lack of clarity, with elderly and ailing travellers particularly affected. “Though the airline arranged food, there was no proper communication, leaving us confused,” said one family member.

An IndiGo executive at MIA cited the FDTL rules, designed to prevent pilot fatigue by limiting crew working hours, as the cause of the cancellation. While alternative arrangements, including hotel stays, were offered, about 100 passengers chose to remain at the airport, creating tension. A replacement flight was arranged but also faced delays due to the same constraints, finally departing for Mumbai around 1:45 PM on Wednesday. Passengers either flew, requested refunds, or postponed their travel.

The Mangaluru delay is part of a broader crisis for IndiGo. The airline has been forced to make “calibrated schedule adjustments”—a euphemism for widespread cancellations and delays—after stricter FDTL norms came into effect on November 1.

While an IndiGo spokesperson acknowledged unavoidable flight disruptions due to technology issues, operational requirements, and the updated crew rostering rules, the DGCA has intervened, summoning senior airline officials to explain the chaos and outline corrective measures.

The ripple effect has been felt across the country, with major hubs like Bengaluru and Mumbai reporting numerous cancellations. The Mangaluru incident underscores the systemic operational strain currently confronting India’s largest carrier, leaving passengers nationwide grappling with uncertainty and delays.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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