Pramod Madhwaraj is 10th richest state minister in India

[email protected] (CD Network)
August 9, 2016

Udupi, Aug 9: Pramod Madhwaraj, the minister for fisheries, sports and youth affairs, Karnataka is the 10th richest state minister in India, according to a report by Association for Democratic Reforms (ADR).

Pramod-Madhwaraj

Mr Madhwaraj, who represents Udupi constituency in Karnataka Legislative Assembly, had entered the state cabinet through a recent cabinet reshuffle.

Son of former MLA Late Malpe Madhwaraj and former minister Manorama Madhwaraj, the Mogaveera community stalwart is the proprietor of Raj fish meal and oil company, Malpe, which is the largest manufacturer of fish meal and fish oil in India.

Mr Madhwaraj is the chairman of Canara Jewel Tex Pvt. Ltd, which runs a large mall of gold and sarees in Udupi district, called The Wedding Palace'. He is the managing partner of Coronet fish products, an exporter of canned fish. He is also the chairman of Malpe Manipal Builders.

Four from Karnataka

Interestingly, four of the country's 10 richest state ministers are from Karnataka, and 97% of this south Indian state's ministers are crorepatis. Energy minister D K Shivakumar is the second richest state minister in the country with assets worth Rs 251crore.
Labour minister Santosh Lad comes in third with assets worth Rs 186 crore. Planning minister M R Seetharam ranks sixth with assets worth Rs 136 crore and Mr Madhwaraj is in 10th place with Rs 105 crore.

Those with high assets have their liabilities too and again, Shivakumar tops this list with liabilities of Rs 105 crore, Seetharam comes in third with Rs 53 crore, Madhwaraj is fourth with Rs 44 crore and water resources minister M B Patil ranked 10th with Rs 19 crore. Patil's assets are worth Rs 40 crore.

Andhra Pradesh minister Ponguru Narayana who is the richest minister with assets worth Rs 441crore and liabilities of Rs 44 crore.

The 'poorest' minister in the country is Samajwadi Party's Tej Narayana from Faizabad constituency in Ayodhya, who has declared assets of just Rs 66,612.

ADR in a statement said it sourced the details from the affidavits filed by ministers at the time of submitting nomination papers to the Election Commission. Declarations of a total of 609 ministers out of 620 have been analysed from 29 state assemblies and two Union Territories by ADR.

Also Read: 

Udupi MLA Pramod Madhwaraj buys Rolls Royce Ghost for Rs 5.8 crore!

34% state ministers in India criminals, 97% ministers in Karnataka crorepatis

Comments

Rikaz
 - 
Wednesday, 10 Aug 2016

These richest should start some kind big industries and provide employment opportunity to all unemployed around that area.

Youth
 - 
Wednesday, 10 Aug 2016

dear all,

I dont know anything about other ministers, But Mr. Pramaod he is a well known person. he thinks about the poor people. you guys might not knowing, how much he donate the money to all kind of activities and for the people. At last he is not even interested in corrupted money. God has given him alloott.. Please think twice to comment if you dont know anything.

HONEST
 - 
Tuesday, 9 Aug 2016

Hope his richness helps the POOR of our society...

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News Network
July 14,2020

Bengaluru, Jul 14: The Karnataka government on Tuesday made changes to the Land Reforms Act 1961 through an ordinance to allow non-agriculturists to buy and own farmland for farming.

“The Land Reforms Act has been amended through an ordinance and notified after Governor Vajubhai R Vala gave his assent to it on Monday night,” a Revenue Department official told media persons.

It now permits non-farmers to buy farmland and grow food crops. But they can’t use it for other activities.

“Sections 79 A, B and C of the Act have been repealed, paving way for bona fide citizens to invest in farmland and take to farming as a hobby, passion or additional occupation, which is rewarding,” the official said.

The amended Act will enable the state to attract investment in the farm sector and boost food output. The farm sector’s contribution to the state’s gross domestic product (GDP) has been less than the manufacturing and services sectors over the last two decades.

Criticism by farmers, the Congress and the JD(S) since the cabinet approved changes on June 11 forced the state government to retain section 80 of the Act, with an amendment, to prevent sale of dam water irrigated farmland.

“The ordinance has also added a new section (80A), which says relaxations under the Act will not apply to land given to farmers under the Karnataka SC and ST (Scheduled Caste and Tribe) Act 1978,” the official said.

The changes permit mortgage of farmland only to the state-run institutions, firms and cooperative societies specified in the Act. The ordinance also makes legal cases pending in courts against the sections amended redundant as the new Act addresses the concerns raised in them.

“Besides generating substantial revenue for the state government, the Act will now allow farmers who find the occupation non-remunerative and risky due to droughts/floods and labour shortage to sell their surplus land to urban buyers,” the official said.

Ruling BJP Rajya Sabha member KC Ramamurthy from Bengaluru said the amended Act would allow any citizen to buy farmland.

“Though hundreds of people petitioned successive governments for the past 45 years to abolish the ‘draconian’ sections, they were ignored. I compliment Chief Minister BS Yediyurappa and Revenue Minister R Ashoka for the decision to allow everyone to buy farmland irrespective of their occupation or profession,” Ramamurthy told media persons.

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News Network
January 12,2020

Mangalore, Jan 12: City police on Sunday arrested five people for their alleged involvement in a Rs 50 crore fraud by promising people higher monetary returns.

Police said that the arrested persons are Manjunath Nayak, a resident of Derebail; Denzil Mascarenhas, a Konchady resident; Ashok Naik, a Derebail resident; Vikas Nayak and Vishwanath Naik both residents of Bengaluru were arrested.

The arrested were employed in the ‘Speak and Group’ concern, started by Dhanush M K of Kundapur along with his friends. The firm had managed to collect huge sums of money from people, including NRIs by promising monthly four percent returns on their investment. The employees managed to entice people by showing them a few insurance schemes claiming higher returns.

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News Network
February 10,2020

Chitradurga, Feb 10: President of the BJP State unit Nalin Kumar Kateel on Sunday hit out at Congress leader M. Mallikarjun Kharge for allegedly likening Prime Minister Narendra Modi to a “zero candle bulb”.

Mr. Kateel told reporters here that Mr. Modi was a “1,000 watt bulb that gave light to the world”, and compared Mr. Kharge to a lamp that had burned out politically.

Mr. Kateel charged that Mr. Kharge had become frustrated after losing the elections and after his party did not even consider him for a Rajya Sabha seat. And this had made the Congress leader to make wild charges against the Prime Minister.

Lashing out at the Congress, Mr. Kateel alleged that the Congress was continuing the “divide and rule” policy of the British and accused the former Prime Minister H.D. Deve Gowda of being the “other face of the Congress”.

Mr. Kateel also came down on the former Chief Minister Siddaramaiah. He ridiculed the Congress for the delay in choosing a new KPCC chief after Dinesh Gundu Rao submitted his resignation.

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Secular indian
 - 
Monday, 10 Feb 2020

I dont  think these  fights dont deserve to be on news. 

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