FDI in retail leads to development: Janardhan Poojary

September 21, 2012

Mangalore, September 21: Coming down heavily on National Democratic Alliance and other opposition parties for day-long nationwide strike, former union minister Janardhan Poojary said that there had been a loss of over Rs 1,500 crore due to Thursday's bundh.

“Now, they only have to pay back the losses according to the Supreme Court rule," he said.

"Introducing FDI in retail sector will lead to development. There is a wrong notion that farmers will suffer. In a matter of fact, they will gain a lot as they can sell their produce at a higher price. With FDI, roads, transport, storage facilities can be developed. In case some states do not want to implement FDI in retail sector, let it not do so. Why is it stopping other states who want to implement this rule as they are really concerned about development," he questioned.

He also pointed out that the prices on petrol and diesel can be got down by the State Government by slashing the taxes on these oils.

However, the State government is not ready to take this step and is forcing Central government to take the burden, even though price rise it is inevitable as it depends on the global market, he regretted.

"Why will UPA government intend to make people suffer. They know that people will not trust them and won't elect them if they do so in future elections. The opposition cannot stand development," he said.

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Major facelift for Mangaluru's sporting heart: Mangala Stadium set for 2-month closure to upgrade synthetic track

News Network

December 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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