Experts say the second-hand luxury goods market has the potential to become a large industry going into the future. Data presented by the Statista shows that net sales of second-hand luxury goods from online websites have gone up by 82 percent while net sales from retail stores have slightly gone down by 15 percent in […]
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MPLAD scheme is used more for non developmental projects instead of creating durable community assets. Only 48 percent of funds under Member of Parliament Local Area Development scheme (MPLAD) have been used. Each Member of Parliament (MP) in Bengaluru received Rs 12 crores in 2018-2019, of which around Rs. three crores have been used as […]
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People of rural Karnataka have no choice but to travel to courts in the city. The 15-year old Gram Nyayalaya Act remains on paper. There is not a single gram nyayalaya functioning in Karnataka. Several notifications have been issued by the Supreme Court and the High Court of Karnataka to the state government to establish […]
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Street vendors are left out of welfare loan schemes because the BBMP has not done a survey to issue business licenses. Street vendors in Bengaluru are facing difficulty in receiving licenses to run businesses from Bruhat Bengaluru Mahanagara Palike (BBMP). BBMP has not conducted a survey to identify the street vendors, and give them licenses […]
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Banks are working on facilitating inter-banking transactions to aid the new digital currency. Banks are in the process of updating their systems to facilitate transactions in the new digital currency. The banks have focused on enabling this system to current account holders like business people first, as their transaction volume is large. Pooja Chawla, Deputy […]
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Government is planning to shut down the MSGP tech park because of several accidents caused due to lack of traffic police. In a recent incident involving a garbage truck, two people were killed. Bruhat Bengaluru Mahanagara Palike (BBMP) plans to shut down the Material Solutions for Green Planet (MSGP) tech park in Chighurenhalli. Parashuram, BBMP […]
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Commercial gas cylinders are now expensive as discounts have been removed Cloud kitchens that were using discounted commercial gas cylinders can no longer afford them and have had to shift to domestic gas cylinders for their business. Sangeeth, who owns a cloud kitchen in Chennai said, “Commercial gas cylinders were expensive even after discount in […]
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Self- help groups are a priority sector for the Reserve Bank of India, but not for banks under it. Self- help groups still face difficulties in getting loans from banks, despite being classified under priority sector lending. Mariyamma, leader of Amman Shakti Self-help group said, “Banks do not provide Self Help Groups (SHGs) with any […]
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Though farmers applied for subsidies under the eight-year old scheme, they have not received it. Karnataka farmers who opened their accounts under Pradhan Mantri Jan Dhan Yojana are not getting subsidies as promised under the scheme. Rajanna, a farmer from Doddabelavangla Hobli, Doddaballapura, Bangalore Rural said, “I opened my account under PM Jan Dhan Yojana […]
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Lack of awareness of the One Nation One Ration prevents migrant workers from receiving subsidized ration in the city. BENGALURU, Oct.20 Migrants still face problem in procuring subsidized ration despite the implementation of One Nation One Ration Card. Suresh, a migrant from Isri, Jharkhand, said, “It is very difficult to live here. I do not […]
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