Karnataka Bandh: 2-day bandh on Cauvery water dispute results into ₹4,000 crore loss | Oneindia News
Video Credit: Oneindia - Duration: 03:03s - Published
Karnataka Bandh: 2-day bandh on Cauvery water dispute results into ₹4,000 crore loss | Oneindia News
The strikes in Karnataka have agitated industry leaders.
They have reportedly criticised the two bandhs that were called this week over the Cauvery water dispute, one on Tuesday and one on Friday.
Industry leaders reportedly claimed that strikes are not the solution and only cause significant economic losses for the state and inconvenience for the general public.
According to reports, the losses estimated by the industry bodies for the two-day bandh amount to ₹4,000 crore.
The staggering loss is a warning pointing out that the move may Cripple the economy, which has very recently recovered from the pandemic.
Also, industry bodies said that the losses may act as a hindrance to becoming a $1 trillion economy anytime soon.
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In an exclusive interview with One India, Dr. Satyapal Singh, Associate Professor at Deendayal Upadhyaya University, offers a penetrating analysis of the Union Budget 2024. Renowned for his expertise in economics, Dr. Singh delves into the budget's implications, shedding light on its impact on various sectors and the broader economy. His insightful commentary provides a fresh perspective on the fiscal policies and economic strategies outlined in the budget, making this interview a must-watch for anyone seeking a deeper understanding of the latest financial developments.
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In a startling development, US intelligence agencies report that Russia might send advanced anti-ship missiles to Yemen’s Houthi rebels in retaliation for Washington's support for Ukraine. The White House is reportedly working behind the scenes to dissuade President Putin from this move. US Central Command chief Erik Kurilla has warned that US-led operations are failing to prevent Houthi attacks in the Red Sea, calling for stronger military action and increased diplomatic and economic pressure on the Houthis. This video explores the potential implications of Russia's renewed push to arm the Houthis and the escalating tensions in the Middle East.
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Suhas Adiga, General Secretary of the Karnataka State IT/ITeS Employees Union (KITU), criticises the proposed amendment to extend the workday to 14 hours in the IT/ITES/BPO sector as the biggest anti-worker move in history. Adiga highlights the detrimental impact on employees' health and personal lives and urges IT workers to unite and oppose this amendment. KITU plans to pursue legal avenues, mobilise employees, and raise awareness to safeguard workers' rights.
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Catch the latest on the Karnataka bandh over the Cauvery water dispute between Karnataka and Tamil Nadu. Watch the protest unfold on Bengaluru streets.
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