Mangaluru, October 09: While the issue of including the development of Kudroli slaughterhouse under the Smart City Project has become a dispute between political parties, the district JDS has backed District Minister UT Khader.
Speaking to reporters here on Tuesday, JDS district president Mohammed Kunhi said that “Minister Khader has just given his suggestion on developing the slaughterhouse. He has not taken any unilateral decision. Moreover, Rs 15 crore is not yet released for the purpose. He has just given a suggestion in a meeting of elected representatives and officials on the Smart City Project. Though there were BJP representatives in the meeting, they were silent when the Minister gave his suggestion. It is not fair to make allegation against Khader keeping in mind the election”, he said.
“The JDS-Congress coalition is doing well in the state. District Minister Khader has taken all into confidence without making any discrimination. There is no law and order situation problem in the district. There is nothing wrong in the Minister’s suggestion to develop the slaughterhouse under the Smart City Project”, he added.
MP Nalin Kumar Kateel, who said that he would disturb the peace in the district in related to Pajeer Karthik Raj murder case, has taken up the slaughterhouse issue to mislead the people. He was trying to divide the people on emotional issues. Instead of disturbing the law and order situation in the district through provocative speeches, let the BJP give good suggestions for the development of the district, said Kunhi.
Party leaders Vasanth Poojary, M.K. Khader and others were present at the press conference.
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Mumbai (PTI): Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties.
Prospects of agriculture sector remain bright on the back of healthy reservoir levels and robust crop production in 2025-26, RBI Governor Sanjay Malhotra said while unveiling the outcome of the first bi-monthly Monetary Policy Committee meeting for the current financial year.
Manufacturing activity is showing signs of revival with business expectations remaining robust, while services sector activity continues to be resilient, he said.
Investment activity has gained traction and it is expected to improve further on the back of sustained higher capacity utilisation, government's continued thrust on infrastructure spending, healthy balance sheets of banks and corporates, along with the easing of financial conditions, he said.
"Merchandise exports will be weighed down by global uncertainties, while services exports are expected to remain resilient. Headwinds from global trade disruptions continue to pose downward risks," he said.
Taking all these factors into consideration, he said, real GDP growth for 2025-26 is now projected at 6.5 per cent, with Q1 at 6.5 per cent; Q2 at 6.7 per cent; Q3 at 6.6 per cent; and Q4 at 6.3 per cent.
"While the risks are evenly balanced around these baseline projections, uncertainties remain high in the wake of the recent spike in global volatility. It may be noted that the growth projection for the current year has been marked down by 20 basis points relative to our earlier assessment of 6.7 per cent in the February policy," he said.
This downward revision essentially reflects the impact of global trade and policy uncertainties, he said.