Karnataka sees 7% GDP growth; fiscal deficit at 2.75%

March 13, 2015

Bengaluru, March 13: The State Budget of Karnataka presented by Chief Minister and Finance Minister Siddaramaiah has claimed that the state’s Gross Domestic Product (GDP) saw a growth of 7 per cent for 2014-15, as against 5 per cent in 2013-14. He has attributed it to the partial recovery in the national economy, particularly in the industrial and service sectors.

gdp

The budget claims that the industrial sector in the state has registered a growth of 4.4 per cent, while the service sector has seen a growth of 8.9 per cent. “Despite the drought in many taluks of the state, the agriculture sector is estimated to grow by 4.5 % during this year,” he said.

The total expenditure for 2015-16 is estimated to be Rs. 1,42,534 crore, with a revenue expenditure of Rs. 1,15,450 crore. The total receipts are estimated to be Rs. 1,39,476 crore, of which the revenue receipts are estimated to be Rs. 1,16,360 crore and Rs. 22,950 crore of borrowings.

The fiscal deficit in the budget is Rs. 20,220 crore which is 2.75 per cent of the GSDP. The total liabilities of the state as on 2015 is Rs. 1,80,815 crore which is 24.56 per cent of GSDP. These parameters are within the 3 per cent fiscal deficit and 25 per cent of liabilities of GSDP as mandated by the Karnataka Fiscal responsibility Act.

The annual plan of 2015-16 is fixed at Rs. 72,597 crore, as against the planned expenditure of Rs. 65,600 crore the previous year, there by has seen an increase of 10.67 per cent. Of the Rs. 72,597 crore, Rs. 67,882 crore comes from the state budgetary resources and the rest Rs. 8,645 crore from the resources of public sector enterprises.

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News Network
December 7,2025

SHRIMP.jpg

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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News Network
December 15,2025

Mangaluru police have arrested a 27-year-old NRI on his return from Saudi Arabia in connection with an Instagram post allegedly containing derogatory and provocative remarks about the Hindu religion, officials said on Monday.

The accused, Abdul Khader Nehad, a resident of Ulaibettu in Mangaluru, was working in Saudi Arabia when the post was uploaded, police said.

A suo motu case was registered at the Bajpe police station on October 11 after an allegedly offensive post circulated from the Instagram account ‘team_sdpi_2025’. Police said the content was flagged for being provocative and derogatory in nature.

During the investigation, technical analysis traced the Instagram post to Nehad, who was residing abroad at the time, a senior police officer said. Based on these findings, a Look Out Circular (LOC) was issued against him.

On December 14, Nehad arrived from Saudi Arabia at Calicut International Airport in Kerala, where he was taken into custody on arrival. Police said further investigation is underway.

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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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