Movies as on 10-07-09
9:56 AM Posted by ukmad
| Theatre | Movie | Timings |
| Big Cinemas | Kambhkat Ishq | 1.30,10 pm |
| New York | 3.15,7 | |
| Short KUT | 12.15,6.15,9.15 | |
| Ritz Srikrishna | Son of Darkness | 12.30,3.30,5.30,7.30 |
| Nirmal | Yodha | 12.15pm,3.15,6.15,9.15 |
| Huns | Me shivaji Raje BB | 12.15, 3.15,6.15,9.15 |
| Arun | 12.30,2,4,7 | |
| Roopali | New York | 12.30,3.30,6.30,9.30 |
| Balkrishna | Transformers(H) | 12.30,3.30,6.30,9.30 |
| Chitra | New York | 12,3,6,9 |
| Swaroop | Ambari | 12,3,6,9 |
| Hira | Nagina ka Intaqam | 12.15,3.15,6.15,9.15 |
| Prakash | Chamkiase Chindi Udasi | 12.15pm,3.15pm,6.15pm,9.15pm |
| Nartaki | Kambhakat Ishq | 12,3,6,9 |
| Santosh | Pretse Pretse | 12.15pm,3.15pm,6.15pm,9.15pm |
| Globe | 12.15,1.45,3.45,6.45 | |
| Kindly check the excat timings with the theatres | ||
3 shops looted on Deshmukh Road
6:57 PM Posted by ukmad
By AAB associate friend Vinod-
Heavy rains continue
5:45 PM Posted by ukmad
Heavy rains continue to hit Belgaum and temperature is below 19 degrees Celsius. There was water logging seen at Globe theatre and also some low lying areas like Gandhinagar etc.
Water logging could be severe in the coming days as all the nala’s are almost full and areas like Shastri nagar can get hit.
A small video of the rain today.
Good rains at last
10:33 AM Posted by ukmad
From July 2 Belgaum has seen good monsoon showers and from the past two days the intensity has grown much more. On Wednesday, the highest rainfall during the week was recorded in Khanapur taluk (285 mm) followed by Belgaum taluk - 88.2 mm. There was water logging problems in low lying areas like Gandhinagar, Shivaji Nagar etc. The farmers have taken a sigh of relief as surrounding areas have got average rainfall which is good for the crop. They hope to get more rain fall in the coming days. Residents and traders of Hatiwal Galli and Kacheri Galli in the busy Shahpur locality of Belgaum on Wednesday staged “rasta roko” for some time to draw the attention of the Belgaum City Corporation authorities to the problems they are facing owing to slow pace of civic work. According to the residents, corporation workers had dug trenches in the two roads to lay drinking water pipelines three years ago but had not completed the work. The two roads, especially the one in front of Banashankari temple, get flooded during rains, they said. Source: The Hindu
Belgaum next 5 days weather forecast by INDIA METEOROLOGICAL DEPARTMENT 
Belgaum Weather forecast by IMD -
State transport increases fares
10:32 AM Posted by ukmad
The price increase in fuel prices has triggered the State transport (KSRTC & NWKRTC) to increase bus fares by 3.56%.
The city bus fares have also been increased by Rs.1 to 2 for every stage; hence from Bogarves to CBT it will now cost you Rs.5 than to the earlier Rs.4.
This is hard time for common man and this increase in bus fares will hit their monthly budget a commuter said.
Belgaum Green City
3:38 PM Posted by ukmad
The Karnataka Forest dept, City Corporation, BUDA & various other organizations have started a project GREEN CITY, in which 50,000 new trees will be planted all over the city.
- All Ready for the ministers to come
- The road you see was full of potholes the same was covered before the event
In the inaugural program of the same was held today at Subhash Chandra Bose Grounds (Lele Ground). The initiative taken is in the right direction and hope fully the saplings planted today will remain there and grow into big trees in the years to come. No doubt this project is very good but the manner in which the same will be executed has to be seen. Normally trees are planted and forgotten, public should take care of these planted trees and protect them from animals and also watering the same in summer.
The project cost is Rs.1 crore out of which the corporation and BUDA have paid in Rs.25 lakh each. The saplings will be planted on the sides of the roads in between the dividers etc all over the city. Various varieties of trees will be planted.
Facebook AllaboutBelgaum has 202 fans
2:40 PM Posted by ukmad
A great THANKS to the facebook community for being fans of AllAboutBelgaum.
In just 15 days, there are today 202 fans on the page.
To me this is an achievement as well as an indication that I need to work more hard.
Power play 2 starts
7:39 AM Posted by ukmad
After some Dharnas and protests by the Weavers from Belgaum HESCOM has now been able to get 80MW of electricity for Belgaum and hence the load shedding will be for 4 hours.
There will be only 4 hours load shedding from 9am to 1pm in the city areas. Industrial areas the load shedding timing will be from 6pm to 10 pm. 10pm to 6 am there will be un disclosed power cuts in the industrial areas. The weavers will face the power cuts from 4pm to 8pm.
Rural areas will still face 10-14 hours power cuts.
Young lad murdered near fort
7:38 AM Posted by ukmad
Anil Arun Bongale aged 20, resident of Fulbag Galli was found murdered near the fort. There were about 15 assault marks on his body. The motive behind this murder is still not known. The police said he must have been killed on Sunday late night.
Anil used to work in a textile shop, he is survived by his father, mother and sister.
Budget 2009-10: Past perfect, future tense
10:31 PM Posted by ukmad
Budget 2009-10: Past perfect, future tense
Source: http://anilgarag.blogspot.com/
If there can be a perfect example for a damp squib, this is it!
Now let see some of the important budget provisions and find out what they mean for you, the financial markets and me.
1. India Infrastructure Finance Corporation Limited (IIFCL) has been granted flexibility in raising finances and lending to infrastructure projects, meaning that it has been left to fend for itself.
2. The allocation for NHAI has been increased by 23%. Good move this would help in the development of national highways.
3. Farmers, the darlings of the politicians (that's not because they are voters but because most of the parliamentarians and politicians are farmers themselves!) have been offered an interest subvention @ 7% and a 1% subsidy for prompt payment (this means the effective borrowing rate farmers is 6% and they are not required to pay income tax too). It pays to be a farmer in India.
4. The Market development assistance for exporters in the form of interest subvention on pre-shipment credit extended up to 31 March 2010. Our finance ministry expects the global crisis to blow over by then and then we will be charging the same interest rate for our exporters as other manufacturers.
5. SARAL-2 will be introduced this year. Have you ever heard of a simplified simple tax form? Here it is!
6. NREGA the wonder child of Congress (How come the name does not start with Nehru-Gandhi name?) has been allocated Rs.39100 crores (Rs. 391,000,000,000) this year. Lets do a small analysis. NREGA guarantees 100 days of gainful employment for one individual in every household in rural areas and pays Rs. 100 per day per head. This amounts to wages of Rs. 10000 per household for a year. So if Rs.391 billion have to be spent then this money is expected to cater to 39.1 million households, out of approx 197 million households as per the official census of 2001. The corollary of this is that 20% of our population is in abject poverty and is not capable of raising Rs.10000 per household in rural areas. If this is true then Shame on us. If this is not true then, there seems to be a problem with the way our government works.
7. A national mission on women's literacy is being set up and it will help in reducing illiteracy amongst women in the next three years. WOW a commendable job.
8. Students who take loans for education will enjoy a moratorium on interest payments until they finish their course. That is a great thing and it will go a long way in helping poor students to educate themselves.
9. A public Private Partnership is being envisaged in managing the good old employment exchange. That is a great idea, all you private placement consultants and naukri.com had better watch out big brother has just entered the fray and he will gobble you up.
10. The Unique Identity Number project has been allotted Rs. 1.2 billion to start its operations. That will kick start the operations but we need more money to count the number of people in this country and provide smart cards for each of them.
11. GROSS FISCAL DEFICIT is expected to be 6.8% of GDP and the Gross State Domestic Product limit has been raised to 4%. Mr. Finance Minister Sir, your targeted Fiscal deficit was 3% and you went on to stretch it to 6.8%. How can you expect your counterparts in the State Governments who take pride in profligacy to contain themselves to 4%?
12. Direct Taxes: Rs.10000 has raised Individual Income tax slab at the lowest level for male individuals and women. The lowest slab for senior citizens has been raised to Rs. 240,000, a raise of Rs. 15,000. For the HNIs, the surcharge of 10% is abolished. Here the people in the middle tax bracket seem to have the wrong end of the stick.
13. Fringe Benefit Tax has been abolished. Now your company will allow you to go on tour, spend money, and not worry about paying FBT on part of the amount you spent on that junket.
14. Commodities Transaction Tax is abolished. I do not know what to say. the government keeps banning commodities trading whenever it sees a flare-up in commodities prices. Therefore, the right question would be which commodity is being allowed to trade right now to understand the impact of abolishing CTT. Any way removing CTT will help commodity exchanges and help stock brokers to start commodity terminals as a hedge against the failing fortunes in the stock broking industry.
15. Minimum Alternative Tax: the MAT under which the previous finance minister has swept corporate growth under has just got bigger. MAT has been increased to 15%. There is no incentive for tax management using the growth=depreciation route now. THE SINGLE LARGEST REASON FOR THE STOCK MARKETS TO REACT THE WAY THEY DID IN RESPONSE TO THE BUDGET.
16. Thankfully there have been no major changes in indirect taxes.
17. GST to be operational from 1 April 2010. Good move. GST to be bifurcated to central GST and State GST. BAD MOVE. This means we are going back to the good old days when we had central sales tax and state sales tax. So in Karnataka instead of CST and KST we will have CGST and KGST. (How to share the spoils of the tax revenue amongst the centre and the state could have been kept in wraps and a common GST would have been better)
That is about it. As far as disinvestments is concerned, no specific announcement was made.
Moral of the story: More the things change more they remain the same. The 1991 wave of reforms was not of Congress manufacturing, but out of compulsion of the IMF. Now that the economy is strong enough to withstand the perils of global financial meltdown we can do it our way, the NEHRUVIAN WAY. In fact, at one time the Finance Minister was singing paeans to Mrs. Indira Gandhi, for having the grand vision of financial crisis 40 years back and resorting to nationalization of banks.
WOW I am very happy that we had such visionary leaders who could predict turmoil’s four decades ahead. Our FM needs to read a little of modern economics and find out that this financial crisis happened to US because the Glass Steagall Act was repealed in 1999. There was no way how our Prime Minister could envision that this would happen in 1979.
Now for the markets, the immediate support for the markets is 3800 on the NIFTY. Nifty has to fill the gap it created on that euphoric morning after the budget first. Then lets see if a plunge protection team is formed and whether it works, else we will see the October 2008 bottoms again.
Power play is over ?
12:57 PM Posted by ukmad
Yesterday the weavers of Belgaum locked up the HESCOM officials and MLA in the HESCOM office and the results are visible today I guess.
Power play or power cuts have now reduced. The daily 6-7 hour cut will be how much in day is yet to be seen, but it’s a sigh of relief to the citizens.
Hope for the best. Pray to God for more rains and this power problem could be solved for the time being at least.
Amboli Calling
12:41 PM Posted by ukmad
Rainy season is one of the dullest seasons for tourism but there are some places one should only visit when it’s raining and one such beautiful place is Amboli. Amboli is a perfect destination for relaxing and getting lost among the misty mountains. Sea View Point offers the most wonderful view one has ever seen. The long stretch of the mountains and lands extending to the Konkan coast is an experience to be cherished lifelong. 
The other attractions of Amboli are Hiranya Keshi, Nagatta Falls, Mahadev and Narayan Gad, Shirgaonkar, Sea view Point and the Bauxite Mines. 
And of course if you want to experience something different, Bauxite Mines are a must visit for you. Just about 10 km away, this place has a pleasant scenic beauty.
Support the petition Injustice to BELGAUM-KITTUR-DHARWAD Rail Link
12:04 PM Posted by ukmad
Ravikiran has made an online petition for the Injustice to BELGAUM-KITTUR-DHARWAD Rail Link.
Kindly support it.
Petition's Goal: I invite all the people to support this petition, and put forward our demands.
