Congress MLAs misusing minorities’ funds for poll purposes: Shobha Karandlaje

News Network
April 4, 2018

Udupi, Apr 4: Udupi-Chikkamagaluru MP Shobha Karandlaje has charged the ruling Congress in Karnataka of misusing Karnataka Minorities Development Corporation funds for electoral purposes.

Addressing a press conference in Bengaluru, Shobha, who is also the state BJP general secretary, said the Corporation recently provided Rs 18.75 lakh each to 94 Congress MLAs under the Shramashakti scheme.

Under this scheme, minority artisans are trained to upgrade their artistic and technical skills to carry on with their trade and, a loan up to Rs 25,000 is provided at a low rate of interest.

According to Shobha, Rs 18.75 lakh was provided to the each of the MLAs without even identifying beneficiaries in their constituencies. Besides, only the Congress MLAs got the grants make the malafide intention of ruling dispensation clear, she charged.

The BJP leader said that as per rules the corporation has to draw the list of eligible beneficiaries after inviting applications. The MLA can only ratify the list. However, in this case the list was drawn by the MLAs themselves and even the beneficiaries were not identified.

Shobha charged that the grants were being diverted for election purposes. She sought the intervention of the Election Commission of India (ECI) in the issue.

Comments

wellwisher
 - 
Wednesday, 4 Apr 2018

  Please tell the ttl value of your coffee estate. How  and from  where you earned that much money. 

Now for what reason  your interest  is with minority's funds.

Your earning started from a bjp local unit office. later witht the support of your -------------- appa you got the chance. Over all you are permitted only for few years, Once wrinkles stast to appear in  your face then no chance  you will be thrown out from the party similiar as Mr.Vajipai.

Please  remember

 

kumar
 - 
Wednesday, 4 Apr 2018

Shoba is correct in her statement.  She should be made care taker of all Govt Funds as there is no decent / impartial / noble / sincere / people lover / patriot person like her in whole of India.  She never ever misused Govt fund and she deserves to be made as care taker of Govt fund.  Karnataka Govt should nominate her to this position immediately. 

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News Network
February 1,2020

Mysuru, Feb 1: The local police have arrested a man stabbed his irresponsible wife after she apparently hurt him with her naughty TikTok videos in Periyapatna of Mysuru district.

According to police, Srinivas stabbed his wife Savitha for TikTok videos where the latter featured with a different man.

The couple was not in good terms and was staying separately since few years. Savitha was residing in Mysuru and she used to send TikTok videos posing with another man to Srinivas.

The couple had two children, who reside with Srinivas, who was upset with the videos and invited Savitha to the birthday party of one of their children at Periyapatna.

He attacked her with a knife soon after she reached the function venue, Police said.

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News Network
April 21,2020

Global oil markets remained under intense pressure on Tuesday, with Brent crude dropping below $20 per barrel for the first time in 18 years while other major benchmarks across the world tumbled. 

Brent, the international crude marker, slipped to $18.10, indicating that markets see no immediate let-up to the collapse in oil demand that sent some US oil benchmarks plunging under $0 for the first time on Monday, leaving producers paying for buyers to take their oil away while available storage is scarce.

Coronavirus has sent the oil sector into a state of crisis, with lockdowns implemented by authorities to smother the outbreak slashing demand for crude by as much as a third.

Contracts for the US benchmark West Texas Intermediate for delivery next month tumbled as low as minus $40 a barrel on Monday. Analysts at Citi warned that “if global storage worsens more quickly, Brent could chase WTI down to the bottom”.

The collapse in the May WTI contract was partly a technical product of the fact that it expires on Tuesday, meaning trading volumes were low and making the contract for June delivery more noteworthy, analysts said. That contract held above $20 a barrel on Monday but slid as much as 42 per cent on Tuesday to trade at lows of $11.79, suggesting the blowout in the May contract was more than a blip and that the entire global oil market faced challenges.

Goldman Sachs analysts said the June contact was likely to face downward pressure in the coming weeks, pointing to the “still unresolved market surplus”.

“As storage becomes saturated, price volatility will remain exceptionally high in coming weeks,” they said. “But with ultimately a finite amount of storage left to fill, production will soon need to fall sizeably to bring the market into balance, finally setting the stage for higher prices once demand gradually recovers.”

Warren Patterson, head of commodities strategy at ING, said it was likely that “storage this time next month will be even more of an issue, given the surplus environment”.

“And so in the absence of a meaningful demand recovery, negative prices could return for June,” he added.

European equities traded lower, partly dragged down by weaker energy stocks. The continent-wide Stoxx 600 was down 1.9 per cent, with its oil and gas sub-index dropping 3.3 per cent. In London the FTSE shed 1.7 per cent, while Frankfurt’s Dax slid 2.3 per cent. 

Equities were also broadly lower in Asia, with futures tipping US stocks to fall 1 per cent when trading in New York begins later.

On Wall Street overnight, the S&P 500 closed down 1.8 per cent, partly because of weakness in energy shares, but also due to increased pessimism over the time it will take for countries to emerge from lockdowns.

In fixed income, the yield on the 10-year US Treasury fell 0.03 percentage points to 0.585 per cent as investors retreated to the safety of the debt.

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News Network
February 18,2020

Mangaluru, Feb 18: Customs at International Airport here have seized Rs 58.95 lakh worth gold in two incidents and arrested two smugglers, Customs Commissionerate said on Monday.

According to the department, two men have been arrested by the customs officials in two separate incidents last evening for attempting to smuggle gold into the country valuing over Rs. 58.95 Lakhs.

In the first incident, Muhammed Swalih Chappathodi, 22, hailing from Malappuram, Kerala who arrived from Dubai by Spice jet flight concealed capsules containing gold in paste form inside his rectum which upon purification resulted in the recovery of 797 gm of 24 karats valued at Rs.32,35,820.

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