BSY govt is safe as BJP wins 12 out of 15 seats in Karnataka bypolls

News Network
December 9, 2019

Bengaluru, Dec 9: The ruling Bharatiya Janata Party (BJP) on Monday registered a thumping victory in the Karnataka by-elections, winning 12 out of the 15 Assembly seats, and secured a comfortable majority in the House with Congress managing just two and Janata Dal (Secular) (JD-S) failing to open its account.

With these results, the BJP now has 117 MLAs and there are now 222 legislators in the state Assembly. The four-month-old government led by Chief Minister BS Yediyurappa has a majority in the 224-member House, getting to the magic number of 112.

The Janata Dal (Secular) (JD-S), had a dismal performance in the bypolls, failing to win a single seat. An Independent has won one seat.

The Congress now has 68 MLAs while JD-S has 34 legislators in the House.

Shivaram Hebbar of the BJP has won over Bhimanna Naik of the Congress by over 31,000 votes on Yellapur seat while BJP's K Sudhakar emerged victorious from the Chikkaballapur constituency beating Congress' M Anjanappa by over 34,000 votes.

In Vijayanagara constituency, Congress' VY Ghorpade lost to BJP's Anand Singh by more than 30,000 votes.

BJP's Shrimant Balasaheb Patil trumped Congress candidate with over 18,500 votes in Kagwad, while Jarkiholi Ramesh Laxmanrao of the BJP defeated Congress' Lakhan Laxmanrao Jarkiholi with over 29,000 votes on Gakok seat.

On Hirekerur seat, BJP candidate defeated BC Patil Bannikod Basappa of the Congress with a margin of over 29,000 votes.
At Yeshvanthapura, BJP's ST Somashekar defeated JD-S candidate TN Javarayi Gowda with over 27,600 votes.

In Shivajinagar constituency, Congress candidate Rizwan Arshad got the better of BJP's M Saravana with a margin of 13,521 votes. On the other hand, HP Manjunath of Congress emerged victorious over BJP's AH Vishwanath with a margin of 39,727 votes.

Independent candidate Sharath Kumar Bachegowda defeated BJP's N Nagaraju from Hosakote constituency with 11,486 votes.

The elections were held for 15 Assembly seats which were left vacant after the legislators resigned in July, triggering the collapse of the Congress-JDS coalition led by HD Kumaraswamy and paving the way for the BJP to come to power. Resignations tendered by the disgruntled MLAs had reduced the majority mark in the 224-strong Assembly to 104.

Ahead of the counting, Yediyurappa had said that BJP will win at least 13 seats and the government will be "safeguarded".

Congress' poor performance in the by-polls led to Siddaramaiah resigning as the Congress Legislative Party (CLP) leader and Leader of Opposition (LoP). He has submitted his resignation to interim party president Sonia Gandhi.

Senior Karnataka Congress leader Dinesh Gundu Rao also followed suit, resigning as the state party unit chief.

As the BJP marched ahead during counting, Yediyurappa thanked the voters for reposing their faith in the party and said he would now continue to provide a "stable and pro-people government" in the state.

Comments

Ahmed Ali
 - 
Tuesday, 10 Dec 2019

Good to keep BJP in power - at least we can avoid communcal clashes.

How come Yedioorappa's prediction comes to reality.

Last MP election , he predicted 2 months before the election that BJP in karnataka will win 42 seats and the same happened.

This time, before the election, he confirmed that BJP will win 12 out of 15 and the same thing happened.

Questionalble!!!!

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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News Network
May 7,2020

Ujire, May 7: A child was killed and four people were injured after a car they were travelling in rammed a stationary truck near Ujire, on Tuesday night.

The deceased is nine-month-old Madhavi, the daughter of Pramod, a resident of Panyalu Ujire.

Pramod, his wife Ashwini and relatives Mamatha and Swati, have been grievously injured in the incident, and are being treated in a private hospital.

The incident took place around 11pm. According to police, the victims had gone to a relative’s house at Vamadapadavu. On reaching Ujire, Pramod wanted to stop the car beside the road, but failed to notice the stationary truck.

The car was completely mangled as a result of the impact. A case has been registered at the Dharmasthala police station in this regard.

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News Network
February 27,2020

Udupi, Feb 27: Silver ornaments worth Rs 10 lakh were stolen from the Badakere Laxmi Janardhana temple under Byndoor police station limits in Udupi district. 

The theft which reportedly took place on Wednesday late night, came to light today morning.

Notably, this is the fourth incident reported during the last two months.

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