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The onus on the club is to ensure that all possible financial measures are taken to generate as much revenue as possible. The club has had a temporary truce with RWITC and BTC has come up with a fresh proposal by November 1 to keeping status quo going. The club can ill afford to have any strife at this point of time.
Outgoing Chairman Satish Chandra denied that there was a proposal to levy two percent turnover tax as lease rent by the government. ''Though one of the club members raised the issue of the proposed levy in the general body meeting, the club is yet to hear on this matter. As such, the matter is only speculative in nature at the moment. ''
In the meanwhile, elections to the Managing Committee of the Club were held on Monday. Kenneth Pinto, Vivek Ubhaykar and Jagannath were elected as Stewards of the club. Fazal Ur Rahman and Chaduranga Kantharaj Urs were elected as Committee Members.
The new Chairman will be elected on Wednesday. The new chairman will have his task cut out as he has to not only steer the club through the crises confronting it but also run it on a stringent budget. An efficient administrator for the club is the need of the hour.
The outgoing Chairman A C Satish Chandra did a good job during his stint. He struggled hard to solve the royalty issue and was successful in resolving the issue to a great extent by actively engaging himself in dialogue with RWITC and got the Mumbai club to give signals without any pre-condition. The new chairman also needs to give the same level of time and commitment that Satish Chandra showed.
In the meanwhile, the racing public is happy at the restoration of off-course betting of Pune races both at Bangalore and Mysore. One hopes the problem of royalty will be resolved with the spirit of give and take that was displayed during the informal meeting held during the meeting of the turf authorities of India at Mumbai and the deference shown to the wishes of the chairman of various turf authorities of India.
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