Modi justifies his policies, says Dharmasthala Heggade proved Digital India is possible

coastaldigest.com news network
October 29, 2017

Mangaluru, Oct 29: Prime Minister Narendra Modi on Sunday launched a veiled but scathing attack on the Congress over alleged corruption in development funds, asking which was the "hand" that reduced every rupee to 15 paise before reaching its beneficiary.

Addressing a public rally in Ujire near Dharmasthala, a temple town in Dakshina Kannada, Modi also took a dig at the opposition for its criticism of demonetisation, saying even parents limit cash given to their children because it spoils them.

Without naming Rajiv Gandhi, Modi recalled that a former Prime Minister had said that from every rupee sanctioned by the government, only 15 paise reached its beneficiary in a village.

"One of the Prime Ministers had said every rupee is reduced to 15 paise when it reaches a village after getting sanctioned from Delhi. Which hand reduces the rupee?" he asked, in a sarcastic reference to the Congress election symbol.

He said this was not the case with his government that was committed to devote every rupee and every resource for the welfare of Indians so that fruits of development reached the beneficiaries without any scope of corruption.

Modi said cash currency had always been changing from stone coins, rubber coins, gold and silver coins in the economic history of the world and now it was the time for digital currency in the world. "India cannot lag behind."

Modi launched the distribution of RuPay Cards for Self-Help Group members and gave the cashless cards to two women enrolled for Pradhan Mantri Jan Dhan Yojana.

He said such self-help groups, who have pledged to conduct their businesses cashlessly, have answered all those who spoke against demonetisation, questioning how was it possible to become cashless in a country where the poor and less literate have no digital connectivity.

"But today, you have answered them. Aren't our women in rural areas educated? Twelve lakh people have pledged to make their businesses cashless. When your intentions are good, even obstacles can speed up your work. You have sown the seeds of digital India, less-cash society. I congratulate you," Modi said.

"People criticized the government's Digital India initiative and said people don't have mobile phones with them. But Dharmasthala’s Veerendra Heggade proved through SKDRDP that it is possible," Modi said.

"Even parents limit cash to their children because they think it will spoil them. That is why self-accountability is very important." He urged people to use Bhim App and embrace cashless transactions in the "era of honesty and integrity" where there "is no place for those who cheat the system". 

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Abdullah
 - 
Monday, 30 Oct 2017

Same Category people.All are Terrorists for common people.

 

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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 7,2020

Bengaluru, Apr 7: With reporting of 12 positive cases of COVID-19 since last evening, including three women, the total number of confirmed cases in Karnataka increased to 175, including four deaths.

According to official sources, while three fresh cases of COVID-19 were reported from Bengaluru, two each had been reported from Bagalkot, Kalaburagi and Mandya, followed by one each at Gadag and Bengaluru Rural districts.

After a gap of over three weeks, two more fresh cases had been reported from Kalaburagi, which had reported the first death of the country.

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News Network
July 25,2020

Gokak, Jul 25: A JMFC magistrate here issued summons to the Chief minister B S Yediyurappa in relation to a complaint for the alleged violation of election code of conduct, during by-elections to the Gokak Assembly seat held last year.

According to official sources, a complaint had been registered against Chief minister B S Yediyurappa during the election campaign, under the People Representative Act, for allegedly wooing voters during electioneering.

The Gokak Police, who had investigated the case, however had submitted a 'B' report to the court letting off the Chief minister from the charges.

However the Magistrate, rejecting the Police report, had maintained that there exists prima facie case against the accused and issued summons to appear before the court on September one, the sources added.

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