CM Kumaraswamy seeks Rahul's intervention as Congress, JDS differ on presenting new budget

Agencies
June 17, 2018

Bengaluru, Jun 17: In yet another sign of birth pangs in their coalition, Congress and JD(S) in Karnataka on Saturday differed on the tabling of a new full fledged budget for 2018-19.

While the Congress said there was no need for a fresh budget and insisted that a supplementary budget would do, JD(S) asserted that a fresh one was needed to demonstrate the direction of the new government.

Strongly pushing for a new budget, Chief Minister HD Kumaraswamy said he would meet Congress president Rahul Gandhi to sort out the issue soon.

Former chief minister and Chairman of the Congress-JD(S) coordination committee Siddaramaiah expressed his strong reservations over presenting a new full fledged budget, saying there was no need for such an exercise.

Siddaramaiah, who is also the Congress Legislature Party leader, said he had already tabled the budget as CM a few months ago.

"Budget has already been tabled. It is a full-fledged budget only. That's why we had taken vote on accounts for fourmonths. It will be there till July end. All the ongoing programmes and new programmes announced in the budget will continue," said Siddaramaiah.

He advised Kumaraswamy that if he wants to carry out certain projects and launch some schemes, he can bring out a supplementary budget.

Reacting to Siddaramaiah's 'suggestion', Kumaraswamy told reporters in Delhi that the new government has to demonstrate its objectives to the people.

"Whenever a new government comes to power, it needs to demonstrate what its goals are. We cannot limit ourselves to presenting supplementary budget because there are many challenges before the government."

He also said the Congress as well as the JD(S) made several promises incorporating new programmes.

"A supplementary budget would not suffice to incorporate them all," he said.

Kumaraswamy reminded Siddaramaiah about his statement in the past that if a new government takes over after the election, a new budget may be presented.

"Today Janata Dal(S) and Congress have formed a coalition government. Usually when a new government comes to power, its duty is to present the best budget and send our message to people through it," the chief minister said.

In this connection, he said, he would meet Rahul Gandhi in a day or two and sort out the matter.

Replying to a question, Kumaraswamy said, "I am not uncomfortable with my coalition government but I have become uncomfortable for my media friends."

He conceded that delay in the expansion of cabinet gave room for speculative media reports doubting the longevity of the government.

"Let us assume that there is a threat to the government as you are speculating but at least nobody can touch (this government) till the parliament elections. This is what I had said (yesterday)," he said.

"After the Congress decided to retain this governmentfor five years, it is their wish to run this coalitiongovernment not just for five years but for 10 to 15 years, just as Congress and Nationalist Congress Party (NCP) ran the coalition government in Maharashtra," he added.

Kumaraswamy appealed to the media to allow him to work and said the common minimum programme would be ready in 10 days.

Comments

Ramprasad
 - 
Sunday, 17 Jun 2018

Better to appoint sonia as advisor

Danish
 - 
Sunday, 17 Jun 2018

Guru seeking help from kid..!

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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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coastaldigest.com news network
May 13,2020

Managluru, May 13: Expressing regret over the inconvenience faced by the first batch of passengers from UAE that landed at Mangaluru International Airport last night, Dr C N Ashwath Narayan, deputy chief minister of Karnataka, today assured that all short comings will be addressed.

Addressing Kannadiga delegates from Saudi Arabia, Qatar, Kuwait and other countries through a video conference, Dr Narayan also assured that necessary steps will be taken by the Karnataka government to provide free quarantine facility for those who cannot afford private quarantine in hotels or guest houses. The video conference was organised by coastaldigest.com.

"The incontinence faced by passengers from Dubai at Mangaluru Airport have already been brought to my notice. All these shortcomings will be addressed. We will take appropriate steps to prevent the recurrence of such inconveniences," he said.

He said that the Karnataka government has already amended its standard operating procedure for international passengers to allow pregnant women to entre home quarantine if they test negative for covid-19. 

The problems faced by passengers at Mangaluru Airport last night include lack of staff to handle luggagues, lack of food and water, delay in arranging vehicle to transport passengers to quarantine centres and lack of free quarantine facility for those who cannot afford private quarantine facility. The next batch of repatriates will not face these problems, he said. 

Dr Narayan also promised to exert pressur on the union governmment to operate more flights to repatriate stranded Indians, especially Kannadigas from Saudi Arabia.

Prominent NRI commnity leaders Zakariya Jokatte, Naveen Bandary, Joy Fernandes, Shathosh Shetty Riyadh, Althaf Saqco, Shiekh Expertise and others participated in the video confernce.

Comments

SS
 - 
Thursday, 14 May 2020

I suggest, prefer Keral airports..  especially muslim pasengers

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News Network
June 12,2020

Bengaluru, June 12: The Karnataka government has withdrawn its notification that allowed factories to extend working hours up to 10 hours a day and 60 hours a week, with immediate effect.

The extension of work hours was from eight hours a day and 48 hours a week. On May 22, the government had exempted all the factories registered under the Factories Act, from the provisions of Section 51 (weekly hours) and Section 54 (daily hours), till August 21 subject to certain conditions.

"Whereas, having examined the provisions further, the Government of Karnataka now intends to withdraw the said notification," the state government in a fresh notification dated June 11 said.

It said, "Therefore, in exercise of the powers conferred under Section 5 of Factories Act, 1948 (Act No. 63 of 1948), the Government of Karnataka hereby withdraws the Notification dated 22-05-2020 with immediate effect."

According to the Karnataka Employers' Association, a petition was filed in the High Cour challenging the May 22 notification as "illegal, arbitrary and in violation" of Section 5 of the Factories Act which permits exemption from any of the provisions of the Factories Act only in case of Public Emergencies'.

During the course of hearing on June 11 an observation was made by the High Court, that it may have to quash the notification unless the government clarifies as to what is the 'Public Emergency' involved to enhance the working hours by exempting some provisions of the Factories Act, it said.

The court further observed that the government should make a submission on June 12 in this behalf. However, the government withdrew the notification on June 11 itself. Recently states like Rajasthan and Uttar Pradesh too had retracted after permitting extending work hours.

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