As bypoll looms disqualified MLAs get huge grants from BSY govt

News Network
September 15, 2019

Bengaluru, Sept 15: With an eye on bypolls and to keep 17 disqualified MLAs in good humour, the state government has generously doled out funds for assembly segments represented by the former legislators.

Chief minister BS Yediyurappa on Saturday released Rs 26.5 crore for Hirekerur represented by disqualified MLA BC Patil to take up development works. This comes after several disqualified MLAs met Yediyurappa on Friday, expressing displeasure at being neglected by him and BJP leaders. They are miffed at BJP not extending any help in their legal fight to get the disqualification quashed by the Supreme Court. Last week, Yediyurappa had allocated Rs 11 crore each to Maski and Hosapete constituencies represented by disqualified MLAs Pratapgouda Patil and Anand Singh from Kalyana Karnataka Development Board funds.

Sources said the government has released funds to all 17 assembly segments ranging from Rs 10 crore to Rs 25 crore. “Both Maski and Hosapete were given funds after cancelling allocations to other segments made by the HDK government,” said a source. Those from Bengaluru got funds from the Nava Bengaluru scheme. According to a source, the government has released the highest amount for Hosakote constituency represented by MTB Nagaraj.

Comments

INDIAN
 - 
Monday, 16 Sep 2019

The biggest GADDAR leader in karnataka...people should not trust them..if war broke out thses marons will run to forign country and poor people wil die....so all my dear indian keep religion on side unite each other and build strong nation....without this they will treat you only for their benifit..

shiji
 - 
Sunday, 15 Sep 2019

This is only an eye wash to make these people happy.  However, they should know that BJP cannot be trusted.  It will cheat and dump them in grave yard.   they did big blunder by trust bjp and got good lesson.   Hope they are not still sleepy and will open their eyes to know the truth.  

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News Network
April 20,2020

Karanataka, Apr 20: Chief Minister of Karnataka BS Yediyurappa launched an online crash course programme 'GetCETGo', here on Monday.

GetCETGo is the state government's free online crash course programme to help all students of Karnataka prepare for Common Entrance Test (CET) and National Eligibility-cum-Entrance Test (NEET).

The programme was launched by the state government amid the disruption in education sector caused due to the nationwide COVID-19 lockdown.

Students can access the content through the web portal and the Android Application that has been developed by Sinchu Infotech and Deeksha Online.

They can also avail comprehensive study material with practice questions, chapter-wise tests, revision videos and mock tests.

According to the state government, this programme will benefit around 1,94,000 students.

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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News Network
April 19,2020

Indian Overseas Congress (IOC) Chaiman Dr Sam Pitroda held video conference with senior IOC office bearers across Middle Eastern countries on 14th April 2020 to review the impact of COVID-19 pandemic among Indians residing in the region. Almost all speakers appreciated the efforts initiated and  implemented by  respective governments to contain spread of the deadly virus as well as measures taken towards welfare of the people affected by the lockdown. 

IOC Presidents, Mohammed Mansour - Bahrain, Abdullah Manjeri - Saudi Arabia, Dr J Ratan kunar - Oman and Girish kumar - Qatar, highlighted the quality treatment of patients and finacial aid provided by governments and other authorities. Bahrain IOC president Mansour , also  apprised about the 'Food for Needy' drive in Association with KHK Heroes foundation, initiated by HH Sheikh Khalid Bin Hamad Al Khalifa and quality treatments as well as financial aid to local and expat residents.

Anura Mathai, IOC  Global Event Coordinator, spoke about certain problems of Indians in the UAE. IOC Middle East Convener, Mansoor Palloor, emphasised and requested IOC Chairman to urge Indian government to arrange immediate repatriation of indians stranded in Gulf countries. AICC Secretary, Himanshu Vyas, IOC Secretary Dr Arathi Krishna, Dr Arshi Malik (Abha), Mohiuddin Sirajudeen (Jeddah), Advocate Joseph Palathara (Dammam) Prasad Kodru, Jayati Maitra Ziyad Ahmed (Qatar) and Khursheed Alam (Gen Secretary- Bahrain) also apprised the participants about various issues relevant to the pandemic and suggested further initiatives to be undertaken. 

Dr Sam Pitroda briefed about sustained and consolidated efforts by all IOC members  during this unprecedented situation facing the world and assured that he would convey IOC  concerns to the government and try his best to ensure all possible help is made available to all needy Indians.

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