This article will provide valuable insights about the most discussed Kerala Science Fest Debt: UK Artist Criticizes Organizers for Mismanagement.
Kerala Science Fest Debt
The Global Science Festival Kerala was a month-long event that showcased the meeting of science and artwork. Now, after it has taken place they are increasing discussions and worries about Kerala Science Fest Debt
The Kerala Science Festival is estimated to have a debt of over Rs 6.5 crore. The organizers have been struggling to pay off the debt, which has left many employees and companies who worked on the festival on the brink of bankruptcy.
If you want to understand the Kerala Science Fest Debt matter in detail, then continue reading this blogpost.
Kerala Science Fest Debt Background
Originally billed as “Asia’s largest thematically curated science exhibition,” the Global scientific Festival Kerala (GSFK) has devolved into a nightmare for all parties involved, with several participants and businesses engaged in backstage setups complaining that they have not yet been paid.
A May 2024 story in the New Indian Express claims that the firms and workers who contributed to the Kerala Science Festival owe the festival’s organizers around Rs 6.5 crore.Companies who contributed to the event are in danger of going bankrupt.
They owe about Rs 77 lakh, according to a senior executive of Pxl Media, a Thiruvananthapuram-based event technology services business. One such company racked up $90,000 in debt and has filed a lawsuit against the organizers.
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UK Artist Criticizes Organizers for Mismanagement
Luke Jerram, a British artist well known for his piece “Museum of the Moon,” has spoken out against GSFK, which is hosted by the Indian state of Kerala. He says a lot of workers and businesses that worked for months to put the event together and owe large amounts of money are in danger of going bankrupt. Over Rs 6.5 crore is thought to be the entire amount owed.
The musician claims that the event failed to get enough sponsorship to cover the funds that the government had to pay. He also drew attention to the fact that, despite the event being just six weeks away, preparations had not yet begun, indicating serious mismanagement.
The festival owes him around £18,000 in total, he added, which includes £12,000 for transportation and £5,800 for the final price. In addition, he has claimed that by holding the event again in the Malabar region, the organizers may incur further debt and endanger other businesses in an effort to settle the early obligations.
Final Discussion
Ultimately, the UK artist stated that many individuals and companies, including artists and hotels that host visitors, have not yet received paid as a result of the losses sustained and the organizers’ inadequate financial management. Many impacted parties are reluctant to come forward because of the organizers’ threatening attitude and inadequate accounting.
The event was supposed to draw 10 lakh people, but just 1 lakh showed up, according to one organizer who asked to remain anonymous. The ensuing delay and monetary loss were caused in part by this. It is now anticipated that the Department of Science and Technology and the Kerala State Council for Science and Technology would conduct a more thorough investigation into the issue.
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