Neo-liberal policies pushed India to a deep financial crisis'

[email protected] (CD Network, Photos by Suresh )
June 29, 2012

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Mangalore, June 29: The wrong neo-liberal policies followed by the Congress and BJP governments have pushed India to a deep financial crisis, according to senior CPI(M) leader and Lok Sabha member Basudeb Acharia.

Speaking at the Dakshina Railway Employees Union (DREU) Palghat division conference at Town Hall here on Thursday, he said that India is passing through a tough period and the working class in the country is struggling to make the ends meet.

He said that the growth rate has come down drastically and all over India, labour unions, irrespective of the political parties they have affiliated to, are fighting against the wrong labour policies of the government. The railway employees cannot keep themselves aside from this movement, he said.

The senior Communist Party leader from West Bengal said that the people of India are always against the neo liberal policies which the government has imposed on them “When P V Narasimha Rao was India's Prime Minister, neo liberalism was introduced in India. But now if you search, nowhere you can find a statue of Narasimha Rao.”

The former NDA government as well as the current UPA government under Manmohan Singh is following the same flawed policies that lead the common man to trouble.

“Whether ever they reviewed the adverse impact of neo-liberal policies on working class? Government should assure security to the weaker section of the society while implementing such policies,” he said.

Government should realise about the changes taking place around them. “In United States, the Wall Street protest was an eye opener for the government. Many governments in Europe fall down due to their implementation of financial policies which were introduced under the guise of austerity measures.

In France, a Socialist comes into power after many years. Indian government should learn from these international lessons,” he said.

He said that railway employees should be united to gain their needs. Private partnership in railway should be opposed. Employees should also intensify their protest not to allow foreign investment in insurance sector.

The conference elected Mehboob Ali as the President of DREU and Mathew Syriac P as Secretary.


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coastaldigest.com news network
December 2,2025

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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 2,2025

Mangaluru, Dec 2: Mangaluru International Airport responded to a medical emergency late on Monday night. Air India Express flight IX 522, travelling from Riyadh to Thiruvananthapuram, was diverted to Mangaluru Airport after a passenger in his late 30s experienced a medical emergency on board.

The Airport’s Operations Control Centre received an alert regarding the passenger’s health condition. The airport activated its emergency response protocol, mobilising the airport medical team and coordinating with stakeholders including CISF, immigration, and customs. 

Upon landing, airport medical personnel attended to the passenger, assessed his condition, and arranged to shift him to a local tertiary-care hospital for further treatment. The passenger’s relatives accompanied the passenger, who incidentally received necessary medical care on board, which helped stabilise the situation.

Following the handling of the emergency, the flight departed for Thiruvananthapuram at 2:05 am on Tuesday.

"We appreciate the cooperation of all parties involved, and this incident reaffirms our ongoing commitment to prioritising passenger safety and readiness to respond to unforeseen emergencies with professionalism and care," the Airport spokesperson said. 

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News Network
December 7,2025

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Mangaluru, Dec 7: A rare bamboo shrimp has been rediscovered on mainland India more than 70 years after it was last reported, confirming for the first time the presence of Atyopsis spinipes in the country. The find was made by researchers from the Centre for Climate Change Studies at Sathyabama Institute of Science and Technology, Chennai, during surveys in Karnataka and Odisha.

The team — shrimp expert Dr S Prakash, PhD scholar K Kunjulakshmi, and Mangaluru-based researcher Maclean Antony Santos — combined field surveys, ecological assessments and DNA analysis to identify the elusive species. Their findings, published in Zootaxa, resolve decades of taxonomic confusion stemming from a 1951 report that misidentified the species as Atyopsis moluccensis without strong evidence.

The shrimp has now been confirmed at two locations: the Mulki–Pavanje estuary near Mangaluru and the Kuakhai River in Bhubaneswar. Historical specimens from the Andaman Islands, previously labelled as A. moluccensis, were also found to be misidentified and actually belong to A. spinipes.

The rediscovery began after an aquarium hobbyist in Odisha spotted a shrimp in 2022, prompting systematic surveys across Udupi, Karwar and Mangaluru. Four female specimens were collected in Mulki and one in Odisha, all genetically matching.

Researchers warn the species may exist in very small, vulnerable populations as freshwater habitats face increasing pressure from pollution, sand mining and infrastructure development. All verified specimens have been deposited with the Zoological Survey of India for future reference.

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