Despite providing no incentives to customers, Karnataka has the second highest sales of electric vehicles. Karnataka does not provide purchase incentives to the people who switch to electric vehicles (EV), despite that it sells more EVs than most other states in the country. Karnataka’s Electric Vehicle and Energy Storage Policy (KEVESP), focuses on providing various […]
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Lack of awareness, inconsistent payments and land disputes have failed to make the scheme useful. The allotted amount under the PM Kisan Yojana—Rs. 6000—has not been sufficient to meet the needs of small farmers. K. Renuka, 38, said through her registered farm under PM Kisan Yojna she has received five installments of Rs. 2000 in […]
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Some food stall owners say that they are earning less than 20 percent of their pre-pandemic income. BENGALURU: Street food vendors based outside Bengaluru tech parks are suffering heavy losses because most information technology (IT) professionals are still working from home. M. Umesh, who runs a small tea shop opposite the entrance of the International […]
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To avoid duplication of identity e-KYC is implemented; however, fake SIM cards are still sold in the market. SIM cards are still sold in the market without e-KYC verification for a higher price. This is despite the Aadhar Act 2016 mandating telecom companies to come up with the new Electronic Know Your Customer (e-KYC) authentication […]
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Due to COVID-19, local artists are unable to earn money to buy art materials and afford necessities. Bengaluru artists have lost customers and money due to COVID-19. Customers spent less on art due to the economic slowdown during the pandemic and so artists struggled financially, losing jobs and exposure in the industry. Puttaraju D has […]
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Flower Merchants’ Association says that they are yet to receive the financial relief announced by the Karnataka Government for flower vendors. Flower vendors in Bengaluru continue to suffer losses even though the government has relaxed restrictions in place to control the spread of Covid-19. Shiva, a flower vendor at Jayanagar 4th Block said that the […]
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“The ban stopped revenue generation for the players. We had nothing to do except wait for the game to come back. PUBG was the key for growth of industry, but things got better after the game came back.”
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Audit professionals are asked to not believe in rumours. September 23, 2021: The Institute of Chartered Accountants of India (ICAI) President Nihar Jambusariya, in an address to the members of the institute on Sept. 6, 2021, announced that, “The Ministry of Corporate Affairs (MCA) has no plans to abolish audit of small companies.” This came […]
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Multiple Electric Vehicle (EV) charging standards are causing confusion, as owners have to constantly find acceptable chargers for their EV. EV owners are confused about not having universal charging standards. Charging infrastructure companies are developing their own set of chargers and apps to navigate charging stations and make payments. Preshit Deorukhkar, Ather-scooter owner says, “The […]
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Pandemic has pushed bag manufacturers to shut down their production and go back to their hometowns. The pandemic has pushed school bag shop owners and manufacturers to either switch their business or completely shut down their manufacturing hub. Sadre Alam, who used to have a bag manufacturing unit in Bamboo Bazaar in Bengaluru, had to […]
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