Rich in India live on subsidies paid by poor, says Hande

September 8, 2011

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Manipal, September 8: Ramon Magsaysay award winner Dr Harish Hande has expressed regret that in India rich are living on the subsidies paid by poor in the form of taxes.

Delivering the T A Pai Management Institute (TAPMI) Leadership Lecture on 'Social Entrepreneurship, Sustainable Energy and the Youth' here on Wednesday, he said India claims to have 8 per cent to 9 per cent GDP growth and is the second largest growing economy in the world. “However, there is stark difference in real where the other side of India is at the helm of unprivileged class. India is a paradox of overdeveloped and underdeveloped,” he added.

There is a need for a paradigm shift aiding holistic business approach that benefits the poor mass, Mr. Hande said.

“India needs decentralised business models supporting sustainable development. India can be the centre of innovation for business models that can be replicated by the third world countries like Latin America and Africa,” he observed.

Asserting himself as classic product of subsidy, Hande ridiculed that students are not taught practical picture of real India. Most of the higher educational institutions are the product of subsidies. Educated youth are not in a position to offer solutions to the problems of poor Indians. India should become leader for 4 billion poor people across the globe rather than taxing the classic model of sustainability by focusing more on the markets of classic business models of McDonalds and Walmart.

“Rich in India are hiding behind the poor and we should be blamed for not providing solutions,” he said and added that the frustration is the best part of motivation and urged youths to immerse them in the atmosphere that makes real India, he added.

Rural India is much more complex. Social entrepreneurship starts with how to break the barriers.

The needs and wants are different from each other. He said: “We have not created models on the needs of the poor keeping into mind the variety in cash flows.”

Ridiculing the true meaning of Sustainable Development in India in reference to salt workers of Kutch and coal miners of India, Hande said there are nearly 45 per cent of the population in India that lack electricity facilities. Even after 65 years of independence, more than 60 per cent Indians who live in rural India use the technology that survived the stone age.

Deeper into economic strata of the society, the investment on the cost of electricity gets high. “We need a decentralised approach of energy that paves way to the sensitivity of breaking the barriers between people to people and banks and people including the poor.”

Pro Chancellor of Manipal University H.S.Ballal, Director of the Institute A.S. Vasudeva Rao, Dean (Planning and Development) Chowdari Prasad, Professor at the Institute R.C. Natarajan and Member of Institute Governing Council H. Shantharam, were present.

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News Network
January 23,2026

Mangaluru: The Karnataka Government Polytechnic (KPT), Mangaluru, has achieved autonomous status from the All India Council for Technical Education (AICTE), becoming the first government polytechnic in the country to receive such recognition in its 78-year history. The status was granted by AICTE, New Delhi, and subsequently approved by the Karnataka Board of Technical Education in October last year.

Officials said the autonomy was conferred a few months ago. Until recently, AICTE extended autonomous status only to engineering colleges, excluding diploma institutions. However, with a renewed national focus on skill development, several government polytechnics across India have now been granted autonomy.

KPT, the second-largest polytechnic in Karnataka, was established in 1946 with four branches and has since expanded to offer eight diploma programmes, including computer science and polymer technology. The institution is spread across a 19-acre campus.

Ravindra M Keni, the first dean of the institution, told The Times of India that AICTE had proposed autonomous status for polytechnic institutions that are over 25 years old. “Many colleges applied. In the first round, 100 institutions were shortlisted, which was further narrowed down to 15 in the second round. We have already completed one semester after becoming an autonomous institution,” he said. He added that nearly 500 students are admitted annually across eight three-year diploma courses.

Explaining the factors that helped KPT secure autonomy, Keni said the institution has consistently recorded 100 per cent admissions and placements for its graduates. He also noted its strong performance in sports, with the college emerging champions for 12 consecutive years, along with active student participation in NCC and NSS activities.

Autonomous status allows KPT to design industry-oriented curricula, conduct examinations, prepare question papers, and manage academic documentation independently. The institution can also directly collaborate with industries and receive priority funding from AICTE or the Ministry of Education. While academic autonomy has been granted, financial control will continue to rest with the state government.

“There will be separate committees for examinations, question paper setting, boards of studies, and boards of examiners. The institution will now have the freedom to conduct admissions without government notifications and issue its own marks cards,” Keni said, adding that new academic initiatives would be planned after a year of functioning under the autonomous framework.

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February 1,2026

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Sunday criticised the Union Budget presented by Finance Minister Nirmala Sitharaman, claiming it offered no tangible benefit to the state.

Though he said he was yet to study the budget in detail, Shivakumar asserted that Karnataka had gained little from it. “There is no benefit for our state from the central budget. I was observing it. They have now named a programme after Mahatma Gandhi, after repealing the MGNREGA Act that was named after him,” he said.

Speaking to reporters here, the Deputy Chief Minister demanded the restoration of MGNREGA, and made it clear that the newly enacted rural employment scheme — VB-G RAM G — which proposes a 60:40 fund-sharing formula between the Centre and the states, would not be implemented in Karnataka.

“I don’t see any major share for our state in this budget,” he added.

Shivakumar, who also holds charge of Bengaluru development, said there were high expectations for the city from the Union Budget. “The Prime Minister calls Bengaluru a ‘global city’, but what has the Centre done for it?” he asked.

He also drew attention to the problems faced by sugar factories, particularly those in the cooperative sector, alleging a lack of timely decisions and support from the central government.

Noting that the Centre has the authority to fix the minimum support price (MSP) for agricultural produce, Shivakumar said the Union government must take concrete steps to protect farmers’ interests.

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News Network
January 31,2026

Roy.jpg

Bengaluru: The shooting incident involving CJ Roy, founder of the Confident Group, has once again put the spotlight on a businessman whose life has swung between flamboyant global success and persistent controversy at home.

Though Roy’s business interests extended across continents, his roots lay firmly in Karnataka. An alumnus of Christ School in Bengaluru, he later moved to Tumakuru to pursue an engineering degree. Those familiar with his early years describe him as intensely ambitious, beginning his career as a salesman at a small electronics firm dealing in computers.

Roy’s entry into large-scale real estate came through the Crystal Group, where he worked closely with Latha Namboothiri and rose from manager to director. However, the launch of the Confident Group in 2005 was clouded by industry speculation. Insiders speak of a fallout involving alleged “benami” properties and claims of deception that ultimately led to his independent venture—an episode Roy spent years trying to distance himself from, according to associates.

A tale of two cities

Roy’s professional trajectory diverged sharply across geographies.

In Dubai, he built a reputation as a bold and efficient developer, completing massive luxury residential projects in record time—some reportedly within 11 months. His rapid project delivery and lavish lifestyle in the Emirates earned him admiration and visibility in the real estate sector.

In Bengaluru, however, his image remained far more fractured. Sources say Roy stayed away from the city for several years amid disputes over unpaid dues to vendors and suppliers. Several projects were allegedly stalled, with accusations of unfulfilled commitments to cement and steel suppliers continuing to follow him.

Roy’s return to Bengaluru’s business and social circles began around 2018, marked by a conscious attempt at rebranding. His appointment as Honorary Consul of the Slovak Republic added diplomatic legitimacy, which he complemented with visible CSR initiatives, including ambulance donations and high-profile charity events.

Heavy police presence in Langford Town

Following the incident, police personnel from the Central division were deployed outside the Confident Group building in Langford Town, which also houses the Slovak Honorary Consulate in Bengaluru.

The otherwise busy premises near Hosur Road wore a deserted look on Friday, reflecting the shock and uncertainty that followed the tragedy.

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