Note ban will end up making UP polls more costly: Survey

December 26, 2016

Lucknow, Dec 26: Demonetisation has forced candidates to find "innovative ways to pump in black money" for campaigning which will end up making the Uttar Pradesh Assembly polls more costly, a survey has claimed.note

The survey conducted jointly by Association for Democratic Reforms (ADR) and UP Election Watch to study impact of demonetisation on poll expenses said, "Demonetisation will have no impact in the campaigning or the poll expense."

In the survey, 69 per cent of the prospective candidates and party office-bearers admitted that compared to previous polls, the cost of contesting elections would rise by at least 10 per cent due to demonetisation.

Around 65 per cent of the perspective candidates said there would be no impact on the "mode and methods of luring voters" in the coming Assembly polls while 70 per cent said they would follow the old patterns to woo voters.

Traders dealing in poll materials; event managers, printers and travel agents said there would be problem in the campaigning and 70 per cent of them admitted their trade has been affected.

On cashless system, 60 per cent of the traders admitted it would have no adverse effect on their business.

While releasing the report of the survey, chief convener of ADR and UP Election Watch, Sanjay Singh said post demonetisation, a survey on its possible impact in the forthcoming assembly elections of UP was conducted in various areas and Assembly segments of the state.

The survey was conducted in 30 Assembly constituencies spread over 10 divisions of Uttar Pradesh -- Jhansi, Banda, Kanpur, Lucknow, Meerut, Varanasi, Gorakhpur, Allahabad, Agra and Bareilly.

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Althaf
 - 
Tuesday, 27 Dec 2016

But for BJP it does not matter because most of the BJP Leaders already gathered crores of black money with the help of Our FENKU

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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News Network
August 4,2020

Bengaluru, Aug 4: The Central Crime Branch-Bengaluru conducted raids at 35 locations in Hennur and Banaswadi areas on Tuesday morning and arrested seven foreign nationals without valid passports and visas.

The Crime Branch also recovered fake currency during the raid, which is currently underway, informed the police.

"Central Crime Branch-Bengaluru conducted raids at 35 locations in Hennur and Banaswadi area today morning and arrested seven foreign nationals without valid passports and visa, fake currency also recovered," Sandeep Patil, Joint Commissioner of Police, Crime, Bengaluru said.

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coastaldigest.com news network
May 18,2020

Bengaluru, May 18: With the detection of 99 fresh cases of COVID-19, highest single-day spike, including 24 from Bengaluru Urban district, the total number of persons contracted for the disease in the state has surged to 1,246.

Apart from 24 fresh cases in Bengaluru Urban district, Mandya recorded 17 cases followed by Uttara Kannada (09), Raichur (06), Yadagiri (06), Gadaga (05), Kalaburagi (10), Hassan (04), Koppal (03), Vijayapura (05), Mysuru (01), Belagavi (02), Ballari (01), Udupi (01), Kodagu (01) and Koppal (03).

So far 37 persons had succumbed to the virus in the state.

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