Average asset of Karnataka MLAs goes up by nearly Rs 10 crore

April 24, 2013
Bangalore, Apr 24: Average asset of recontesting MLAs in the May five assembly elections has nearly doubled and rose by about Rs ten crore compared to five years ago in Karnataka, according to two NGOs tracking the trend.

asset
Based on candidates' affidavit filed with nomination papers, Karnataka Election Watch (KEW) and Association for Democratic Reforms analysed 179 outgoing MLAs who are contesting again in the poll, less than two weeks away.

The average asset of these 179 re-contesting MLAs fielded by various parties in 2008 was Rs 10.59 crore, which has now zoomed to Rs 19.87 crore, up Rs 9.27 crore in the past five years, or a growth of 88 per cent.

D K Shivakumar of the Congress from Kanakapura segment has declared maximum increase in assets with an increase of Rs 175.91 crore -- from Rs 75.59 crore in 2008 to Rs 251.50 crore in 2013.

Assets of Priya Krishna (Congress-Govindrajanagar) increased by Rs 143.36 crore, from Rs 767.61 crore in 2008 to Rs 910.98 crore in 2013, and that of Santhosh Lad (Congress-Kalaghatgi) from Rs 61.54 crore to Rs 186.40 crore.

Eight MLAs have reported decrease in assets in 2013 as compared to the value of their assets five years ago.

Among them the highest decrease has been shown by B K Sangameshwara (72 per cent decline in assets; Rs 5.38 crore in 2008 to Rs 1.66 crore in 2013). (Incidentally, the Congress has denied ticket to Sangameshwara, who is now seeking re-election from Bhadravati as an independent).

He is followed by Higher Education Minister C T Ravi (BJP-Chikmagalur) (54 per cent reduction in assets, from Rs 7.85 crore in 2008 to Rs 3.59 crore in 2013).

The highest percentage increase (210.51 per cent) in assets has been declared by Ramanatha Rai of Congress from Bantwal.His assets increased from Rs 1.71 lakh to Rs 3.62 crore,according to the NGOs.

Sports Minister Appachu Ranjan (Madikeri) came second, declaring an increase in assets of 57.52 per cent, from Rs 18.20 lakh to Rs 10.65 crore in 2013 (He did not provide Rupee value for six motor vehicles, jewellery and immovable assets), as per the analysis by the NGOs.

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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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News Network
December 15,2025

Mangaluru, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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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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