Jaffer Sharief, the man behind golden era in Railways sector

Vijesh Kamath for Deccan Herald
November 26, 2018

Bengaluru, Nov 26: Former union minister and senior Congress leader C K Jaffer Sharief, best known for ushering in a golden era in the railways sector in Karnataka, passed away in Bengaluru on Sunday. He was 85.

Sharief suffered a major cardiac arrest at home and was rushed to a private hospital. He breathed his last at 12.30 pm. He will be laid to rest at Jayamahal burial grounds on Millers Road following namaz at Khadria mosque on Monday afternoon.

Born on November 3, 1933, in Chitradurga, Sharief started his political career driving the car of his political mentor and former chief minister S Nijalingappa in the late 1960s.

He was loyal to the Congress, but at times caused embarrassment to the party by making caustic remarks against the leadership.

Sharief was best known for his tenure as railway minister (1991-95) in the P V Narasimha Rao Cabinet. He brought several railway projects to Bengaluru and is credited with the task of broad gauge conversion across the country.

Sharief’s tenure at the helm of the Railways is known as the golden period for the state. He sanctioned 1,000 km of gauge conversion works out of the 6,000 km sanctioned to the entire country. This included conversion of section like Bengaluru-Guntakal, Bengaluru-Mysuru.

He also secured several new lines including Chitradurga- Rayadurga and Mangaluru-Roha. He was instrumental in getting the Wheel and Axle plant to Bengaluru. He played a pivotal role in the establishment of the South Western Railways and securing the Inland Container Depot and Railway Recruitment Board to the state.

It was during Sharief’s time that services like Shatabdi and Rajdhani were introduced from Karnataka and several rail over bridge and rail under bridges built. A seven-term Lok Sabha member, he represented Bengaluru North constituency without a break between 1977-96. He was denied a ticket in 1996 following his initials figuring in the infamous Jain diaries. However, he came back with a bang, winning the seat in 1998.

In 1969, Sharief took sides and joined the Indira Gandhi faction when the Congress split. It is said it was Sharief who sounded Indira Gandhi that senior Congress leaders were planning to expel her from the party for indiscipline.

This earned a reward for Sharief who was inducted into the cabinet as minister of state for railways by Indira Gandhi in 1980. He also served as the minister of state for coal in the Rajiv Gandhi government.

Popularly called “Jaffer bhai” in political circles, Sharief many a time wanted to enter state politics and even cherished the dream of becoming chief minister. However, that was not to be. The last time he contested elections was in 2009 from Bengaluru North constituency and was defeated by D B Chandre Gowda of the BJP.

In the last few years, Sharief fell out with the Congress leadership as he felt he was being sidelined. On several occasions, he threatened to quit the party, sulking for being denied a ticket to him or his family members. Sharief lost two of his sons in 1996 and 2008. He is survived by two daughters.

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Sruti Kotian
 - 
Monday, 26 Nov 2018

True.. such a good man

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coastaldigest.com news network
July 27,2020

Bengaluru, Jul 27: Karnataka Chief Minister B.S. Yediyurappa, on completion of one year of his government, today said coronavirus hampered his development plans for the state.

He said the state will not see a lockdown again "at any cost".

"Due to coronavirus we couldn't meet people's expectations but now we'll not have lockdown in Karnataka at any cost. In future we're going to fulfill whatever I announced in Budget. If necessary we'll take loans and complete all development work," said Yediyurappa.

"Covid has hampered development plans of Karnataka, lot more needs to be done, i'm committed to providing an able, stable government," he said.

Arrangements were made for virtual celebrations to mark the one-year anniversary of Yediyurappa government at Banquet Hall in Vidhana Soudha in Bengaluru. Social distancing was maintained at the event.

A record 5,199 new COVID-19 cases and 82 deaths were reported from Karnataka on Sunday, the state's health department said.

With this, the total number of coronavirus cases in the state stands at 96,141, including 58,417 active cases and 35,838 recoveries.

So far, 1,878 deaths have been reported from Karnataka. Karnataka is the only state to have over 50,000 active cases with overall tally below 1 lakh.

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News Network
January 8,2020

Udupi, Jan 8: Senior journalist Raviraj Valalambe passed away due to suspected cardiac arrest on Tuesday night at his residence in Kinnimulki, here. He was 50.

Raviraj was rushed to a hospital after he complained of chest pain. He breathed his last on way to medical facility.

He was the director of Prime TV, a local Kannada news channel.

He had worked as a reporter for ETV and Suvarna News channel earlier.

He is survived by wife and two daughters.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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