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Amit Shah: 'Saying south states fund north, is ploy to damage federal system'

News Network
March 31, 2018

Mysuru, Mar 31: BJP supremo Amit Shah on Saturday came down heavily on Karnataka chief minister Siddaramaiah and other influential politicians from South India, who often say that the southern states of the country are funding BJP-ruled northern states through the Finance Commission.

“Such a claim is a ploy to damage the federal system,” Shah said adding that the allocation of the 14th commission was made by the Congress-led UPA government. A better allocation will be made in the next commission for the uniform development of the nation, he said.

Commenting on Chief Minister Siddaramaiah's claim that the allocation of Rs 2.19 lakh crore for Karnataka by the 14th Finance Commission was the state's right and not a 'favour done to Karnataka by the BJP', Shah said the NDA too, does not consider it to be a favour.

"But, why was the allocation in the 13th Finance Commission only Rs 88,583 crore? The Congress-led UPA had denied Karnataka's its right. The BJP has ensured that the state gets what is due," Shah said.

Shah said the 'cyclone of corruption' affecting the people in Karnataka due to Siddaramaiah-led Congress government, would turn into a tsunami if the Congress is re-elected.

"Siddaramaiah claims to be a champion of the OBCs. But his own party scuttled the bill that would have given Constitutional status to the OBC Commission. Their leader stalled the passing of the bill seeking a provision to nominate a member of the minority community in the commission," Shah recalled.

The bill which was passed in the Lok Sabha was stalled in the Rajya Sabha due to the adamant attitude of the Congress, he added.

Shah also targeted the JD(S), saying that the party had its own limitations, and can't form the government on its own.

Comments

Fairman
 - 
Sunday, 1 Apr 2018

Crimes are pushing the boundaries.

If these Gujarati Criminals rule the country what can the country expect.

 

Whose mistake is it. The poor illiterate North Indian Citizens who depreived of the education, have voted these criminals to rule the country.

Now the whole nation has to suffer.

 

Teh only solution is educate the citizens so they understand who is the good leader and what is the good party for the country.

 

 

Yogesh
 - 
Saturday, 31 Mar 2018

We have hope only in BJP rule.

Jai Amit Shah.. Jai Modi ji...

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News Network
February 24,2020

Kalaburagi, Feb 24: Former Karnataka chief minister Siddaramaiah on Monday alleged that dissatisfaction and unhappiness are rising among the local Bharatiya Janata Party MLAs and the party might soon witness large scale defection.

Addressing the media, Mr. Siddaramaiah said many of the BJP MLAs have openly expressed their disappointment and unhappiness with the BJPs high command and also with Chief Minister B S Yeddyurappa's attitude towards them and they have said that they want to join the Congress at the earliest.

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News Network
April 28,2020

Kundapur, Apr 28: The local police have arrested two people for threatening and preventing an Associated Social Health Activist (ASHA) workers from discharging their duties during the lockdown.

Police said on Tuesday that the arrested are Sandeep Mesta and Mahesh Kharvi.

According to official sources, the health officials had put Sandeep under quarantine for 28 days.

However, he was seen wandering in the streets and ASHA worker C Laxmi warned him to stay indoors.

Irked by the warning Sandeep, along with his friend Mahesh Kharvi waylaid her and threatened to kill for objecting his movement.

Comments

well wisher
 - 
Tuesday, 28 Apr 2020

Unfortunately both patriot Indians are not belong to any minor community other wise it will be a SUGGHI for karnob Bhow Swamy. Fellow finally lost a bumper crop news.

 

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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