And this Kateel claims, both Modi and BSY govts did good flood relief work in Karnataka!

News Network
October 5, 2019

Bengaluru, Oct 5: Karnataka BJP president Nalin Kumar Kateel on Saturday claimed that both the governments at the state and Centre have done a 'good' job in handling relief work during the floods, amid the agony of people of flood-hit regions of Karnataka.

The Member of Parliament from Dakshina Kannada constituency Katteel asked opposition parties to cooperate with the state government in providing relief to those affected by the calamity instead of indulging in 'politics.'

"The state government has not failed in relief work, our Chief Minister Yediyurappa has done things that no government in the past was able to do. He has taken decisions which no government has taken so far," he said.

"Relief work has been taken up quickly...our government has done a good job in handling flood relief," Kateel said.

Speaking to reporters here, he said, As support, the central government too, by sending NDRF teams, study teams and releasing funds, has done its work."

In the face of criticism over the delay in release of central funds for relief, the central government on Friday had announced the release of Rs 1,200 crore in 'advance' from the National Disaster Response Fund to the flood-ravaged state. Referring to measures like grant of Rs 5 lakh to fully-damaged houses, Rs 10,000 as immediate relief for those affected, and Rs 5,000 monthly as rental amount for those displaced, he said the state government has released Rs 3,000 crore for relief and various initiatives have been taken so far.

As many as 103 taluks in 22 districts were affected due to floods in August, in which over 80 people were killed.

Around seven lakh people were shifted to safe areas and thousands of houses damaged.

BJP governments at both the Centre and the state have been facing criticism from the opposition Congress and JDS regarding the 'delay' in grant of central funds despite Home Minister Amit Shah, Finance Minister Nirmala Sitaraman and inter-ministerial central team visiting the affected region.

The Opposition parties have accused Modi government of showing its 'apathy' towards Karnataka, despite state sending 25 BJP MPs.

Even BJP MLA Basanagouda Patil Yatnal and MP Srinivas Prasad, also some staunch RSS and BJP supporters, have expressed strong reservations about delay in the release of central funds.

Rubbishing criticism about lack of cooperation from the Centre, Kateel said, as soon the calamity happened NDRF and SDRF teams swung into action and did an excellent work in rescue and relief. Union Ministers visited the flood-hit regions and did and aerial survey, and Prime Minister was in direct contact with the Chief Minister.

Chief Minister and Prime Minister had proper coordination, and due procedures have been followed in releasing Rs 1,200 crore. I thank the Prime Minister, Home Minister, Finance Minister, Union Ministers from the state and the Chief Minister, he said.

Reacting to the show-cause notice being issued to party MLA Yatnal by the party, the BJP state president said, "The party functions under discipline and rules, every one have to conduct themselves accordingly. If not, explanations are sought." Taking serious note of his statements against Prime Minister Narendra Modi and other senior party functionaries over 'delay' in central relief, the BJP central leadership on Friday had issued show-cause notice to Yatnal.

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ahmed ali k
 - 
Sunday, 6 Oct 2019

Which language Mr. Kateel is communicating with our PM??

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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News Network
April 15,2020

Mangaluru, Apr 15: Santhosh Kumar Padil, ASI attached to Mangaluru East (Kadri) Police Station, has helped two children unite with their parents in Kerala.

The children had come to Mangaluru during the holidays and could not return to their native place following the closure of border and lockdown. The two children, hailing from Manjeshwara in Kasargod district, were in the house of their relatives in Mangaladevi and were eager to join their parents.

The relatives of the children had brought the issue to the notice of the ASI and sought his help in the matter.

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News Network
July 22,2020

Bengaluru, Jul 22: Yellow alert has been issued for Karnataka's Shivamogga, Chikmagalur, Hassan, and Kodagu for July 23 and 24.

Some areas of Bengaluru may receive light rainfall today, said CS Patil, Director, IMD Centre, Bengaluru.

He added that coastal areas of the state are very likely to experience rainfall from on July 23 and July 24, and that rainfall may increase July 24 onwards. Widespread rainfall is predicted for July 24th, 25th, and 26th.

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