Full budget row: CM finds support in deputy, DKS

DHNS
June 18, 2018

Bengaluru, Jun 18: Former chief minister Siddaramaiah’s disagreement over a new full-budget for 2018-19 has not only upset Chief Minister H D Kumaraswamy, it has also discomfited his own party colleagues, forcing them to take sides.

On Sunday, Deputy Chief Minister G Parameshwara and cabinet colleague D K Shivakumar indirectly batted for Kumaraswamy, by saying they were uncertain about the intent behind Siddaramaiah’s remarks.

Siddaramaiah had, on Saturday, had taken exception to Kumaraswamy’s budget plan by stating there was no need for a new budget and that the chief minister could announce his new programmes through a supplementary budget.

Kumaraswamy had countered it, saying it had been a practice for a new government to present a full budget.

Speaking to reporters in Bengaluru, Parameshwara seconded Kumaraswamy’s opinion.

“It’s a common practice for new governments to evolve their own programmes and announce the same in the budget. I’m not sure in what context Siddaramaiah made such a statement,” he said.

Reiterating that the coordination committee had decided to continue all programmes/welfare schemes of the previous Congress regime, Parameshwara said, “Efforts are on to combine the old and new proposals. A drafting committee for preparing the common minimum programme has been set up. The committee will submit its report to the co-ordination committee in the next 10 days. Until then, no decision will be taken.”

Comments

Ramprasad
 - 
Monday, 18 Jun 2018

Rahul pleasing HDK unwantedly. He giving much more importance to HDK

Farooq
 - 
Monday, 18 Jun 2018

HDK trying to do farsighted things. He seeks Rahul's advise for dumping siddu's words. HDK started to play

Kumar
 - 
Monday, 18 Jun 2018

I watched Siddu's response. Such a humiliating statement. He completely ignoring HDK. Siddu not considering him as CM

Danish
 - 
Monday, 18 Jun 2018

Deve Gowda's prediction will come true

Yogesh
 - 
Monday, 18 Jun 2018

Yeddurappa was best. 

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Agencies
February 26,2020

New Delhi, Feb 26: The death toll in northeast Delhi communal violence over the amended citizenship law rose to 20 on Wednesday, according to GTB Hospital authorities.

On Tuesday, the death toll was 13.

"The death toll has risen to 20 today," Medical Superintendent of GTB Hospital, Sunil Kumar, told PTI.

Earlier, at least four bodies were brought to the Guru Teg Bahadur Hospital from the Lok Nayak Jai Prakash Narayan Hospital, a senior official said.

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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
June 4,2020

Bengaluru, Jun 4: Karnataka opposition leader Siddaramaiah created a flutter on Wednesday saying many disgruntled BJP leaders had met him.

"Many disgruntled BJP lawmakers have met me and, of course, expressed their displeasure," tweeted Siddaramaiah.

Congress leader Siddaramaiah''s statements assume significance as recently several reports emerged highlighting some north Karnataka legislators meeting over dinner to put pressure on Chief Minister B.S. Yediyurappa to expand the cabinet and offer them ministerial roles.

North Karnataka leaders such as Umesh V. Katti, Chitradurga MLA G. H. Thippareddy and Vijayapura MLA Basanagouda Patil Yatnal and others met over dinner.

However, the Chief Minister said he was too busy to even look at the dissidence because he is occupied with development work of the state and fighting Covid.

Siddaramaiah, the former chief minister, alleged that Yediyurappa''s son Vijayendra is functioning as a non-constitutional chief minister.

"This is true in the BJP. That dissent will continue. We are not responsible if the government collapses," he pointed out.

The Congress leader said Karnataka has stooped to the level of not being in a position to even pay salaries to its employees.

"The state was the first in economic discipline during our government. Now the government has no money to pay salaries to government employees. Not only the state but the entire country is financially bankrupt," he said.

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