Karnataka GSDP growth rate falls to 6.9%, below national average

March 16, 2017

Bengaluru, Mar 16: The state is expected to show a Gross State Domestic Product (GSDP) growth of 6.9% for fiscal year 2016-17 as against 7.3% during 2015-16, less than nationally expected average of 7%, as per the Economic Survey of Karnataka for 2016-17. The cause for the drop in the growth is attributed to decline in the growth rate of industry and services sectors.

gsdp
While the manufacturing sector is expected to grow at 2.2% compared with 4.9% during the previous year, the service sector is expected to grow at 8.5% as against 10.5% in the previous year.

“Advance estimates show that Karnataka’s GSDP at constant (2011-12) prices is expected to grow at 6.9% and reach Rs 8,71,995 crore in 2016-17,” the survey said. “The advance estimates of all-India GDP at constant (2011-12) prices is expected to grow at 7%,” it added.

There has been marginal decrease in the composition of GSDP of agriculture and allied activities and industrial sector from 11.77% and 24.7% in 2015-16 to 11.68% and 23.68% in 2016-17, respectively. However, there has been a marginal increase in the composition of the services sector from 63.53% to 64.64%.

The per capita income of Karnataka at current prices is estimated to be Rs 1,59,893 during 2016-17 as against Rs 1,46,416 for 2016-17, according to the survey. For the fiscal under consideration, the state has estimated a fiscal deficit of 2.12%, declining marginally from 2.79% in 2015-16. The revenue receipts saw a growth of 11.06%, to Rs 1,30758 crore in 2016-17, as compared with Rs 1,17,731 crore in 2015-16.

The state also saw the inflow of foreign direct investment worth $1,697 million for the first nine months of the current fiscal year, which amounted to 4.73% of the total FDI inflow into India. From April 2000 to December 2016, Karnataka attracted a total of $21,938 million of investment, constituting 6.76% of FDI inflow into India.

“The major adversaries for the investors are bureaucratic hassles, infrastructural deficiencies and power shortages,” the survey showed. “The government has taken several steps to address them,” it added.

In a positive development, unemployment showed a southward trend in the state. The number of job seekers as per the live register of employment exchanges was 3.34 lakh in December 2016, as against 3.41 lakh in March 2016, down 1.9%.

The state, famous for its IT prowess, contributed 38% to the software and services exports from India for the fiscal year 2015-16, according to the survey.

The exports from software/services for the fiscal under consideration stood at a whopping Rs 1,99,822 crore, while the total exports from the state stood at Rs 3,25,414 crore.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 15,2025

Udupi, Dec 15: What was meant to be a post-pilgrimage gathering turned tragic in Padukere village of Brahmavar taluk, Udupi district, late Sunday night, when a clash among youths escalated into a fatal assault, leaving one man dead.

The victim has been identified as 30-year-old Santosh Mogaveera, a resident of Padukere.

According to preliminary information, the incident took place during a late-night drinking party involving a group of local youths who had recently returned after completing their pilgrimage to the Sabarimala shrine. An argument reportedly broke out among the group and soon escalated into a violent confrontation.

During the ensuing brawl, Santosh Mogaveera was allegedly assaulted and collapsed at the spot after sustaining serious injuries. He was rushed by local residents to a private hospital in Brahmavar, where doctors declared him dead.

On receiving information, senior police officials, including Brahmavar Circle Inspector Gopikrishna, Kota Police Sub-Inspector Praveen Kumar T, Station ASI Manthesh Jabagoudar, and head constables Pradeep and Ashok, visited the spot and conducted an inspection.

Police have taken four youths into custody in connection with the incident. A case has been registered at the Kota police station, and further investigation is underway to ascertain the exact sequence of events leading to the death.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 1,2025

hindutvaboy.jpg

Udupi, Dec 1: A horrific case of alleged rape has unfolded in Udupi, where a worker from a Hindutva organisation, previously arrested and released on bail for harassing a young woman, is now accused of waylaying and sexually assaulting her.

The arrested individual has been identified as Pradeep Poojary (26), a member of the Hindu Jagarana Vedike's Nairkode unit in Perdur.

Poojary had allegedly been relentlessly harassing the young woman, pressuring her to marry him. When she bravely stood up to him and refused his demands, she filed a formal complaint at the Hiriyadka police station. He was subsequently arrested in that initial harassment case but was later granted bail.

According to police reports, driven by the same malicious grudge, Poojary allegedly intercepted the woman again on November 29. While she was walking through a deserted area, the accused is claimed to have threatened her by grabbing her neck. When she again refused to marry him, he allegedly proceeded to rape her.

The survivor immediately informed her family about the traumatic assault. Following this, her parents lodged a complaint at the Udupi women’s police station.

Police arrested Poojary again and produced him before the court. He has since been remanded to judicial custody.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.