Cong govt too indulged in illegal mining, MML sold iron ore worth Rs 5000 cr illegally: HDK

News Network
January 13, 2018

Bengaluru, Jan 13: Not only previous governments, Chief Minister Siddaramaiah led Congress government too has indulged in rampant illegal mining, according to former chief minister and JD(S) state president H D Kumaraswamy.

Speaking to media persons here on Saturday, Mr Kumaraswamy, who is also facing illegal mining charges, claimed that iron ore wroth over Rs 5,000 crore has been illegally lifted and transported by the state owned Mysore Minerals Ltd (MML) between 2014 and 2017.

Kumaraswamy said that an internal inquiry by senior officers of the department of Mines and Geology had revealed that 60,56,440 MT of ore had been illegally lifted and sold by MML.

He said, MML had entered into a three-year agreement with Subbarayanahalli Iron Ore Mines and Thimmappanagudi Iron Ore Mines, to mine ore in Sandur taluk in Ballari district from November 27, 2014 to March 31, 2017.

Contracts had also been awarded to S S Muchandi (excavation); Amit Earth Movers (drilling); Vishal Enterprises (crushing/screening); and South West Mining Ltd Kumaraswamy alleged.

The former CM said that as per the committee report dated April 27, 2017, Rs 2,062 crore worth ore was illegally lifted and transported within the state between 2014 and 2015 itself.

MML officials had swindled money by tampering with the records of the production register book. Officials had shown records of less quantity of ore being mined, where the quantum of ore excavated was much higher, he said.

As many as eight IAS officers (serving as Director, Mines and Geology) who tried to expose the scam had been transferred by the government in quick succession.

"IAS officer Munish Moudgil was transferred barely one month after he took charge. The office of the chief minister is directly involved in this illegality," he said.

He also pointed out that the IAS officer Tushar Girinath was heading the department at the height of the scam. Girinath is Siddaramaiah's principal secretary.

"The government was forced to constitute the inquiry committee after another IAS officer P Hemalatha wanted to refer the matter to the Lokayukta," said Kumaraswamy.

He also said that though the contractors had single permits, they had made multiple trips and transported the raw material illegally.

The committee had also highlighted that South West Mining Ltd had carried out excavations on behalf of S S Muchandi, as the latter had no excavation equipment.

"It is a fact that BJP leader B S Yeddyurappa has links with South West Mining Ltd. Ironically, the illegal mining activities carried out by the Congress government is worse than previous BJP regime. These people are more intelligent - they know how to escape, unlike Yeddyurappa who was caught red handed with a cheque," he said.

Kumaraswamy also hinted that Siddaramaiah was in the know of the illegalities. "The Mines department continues to be under Siddaramaiah. Minister Vinay Kulkarni holds the portfolio in name alone. This kind of rampant illegalities cannot be carried out without the blessings of the higher ups," he added and demanded a fair probe into the matter.

Comments

Danish
 - 
Saturday, 13 Jan 2018

HDK targeting only congress and siddaramaiah.

Kumar
 - 
Saturday, 13 Jan 2018

How many allegations? how many promises? Hyperactive Devegowda Kumaraswamy = HDK

Mohan
 - 
Saturday, 13 Jan 2018

Wow.. HDK became hyperactive in these days

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News Network
April 27,2020

Bengaluru, Apr 27: A 57-year-old man died of COVID-19 in Kalaburagi on Monday taking the fatalities due to the virus in Karnataka to 20.

"One more person died due to COVID-19 in the state. The 57-year-old person was tested positive for coronavirus on April 21," Medical Education Minister Dr K Sudhakar tweeted on Monday evening.

The minister said he was admitted to the Gulbarga Institute of Medical Sciences with respiratory problem.

He was also suffering from severe liver related ailments.

"With this five deaths have taken place in Kalaburagi district due to the virus," the minister added in his tweet.

The first COVID-19 death in the country was reported from Kalaburagi in March.

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News Network
March 14,2020

Belagavi, Mar 14: After the first COVID-19 related death reported in the state, less number of people are travelling in North West Karnataka Road Transport Corporation (NWKRTC) buses, official sources said here.

There were less number of travellers on Saturday as compared to any other day.

According to sources, many passengers cancelled their reservations to major cities like Bengaluru, Pune, Mumbai, Goa and Kalaburagi too.

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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