Congress ready to join hands with JD(S) in hung Panchayats

February 24, 2016

Bengaluru, Feb 24: With none of the parties getting majority in 11 of the 30 Zilla Panchayats (ZP) and several of Taluk Panchayats (TPs), the ruling Congress on Tuesday said it was ready to join hands with the JD(S) to hold the reins of power.

congSpeaking to reporters, KPCC president G Parameshwara said possibility of an alliance depends on the willingness on part of the JD(S) to cooperate with the Congress. Chief Minister Siddaramaiah and himself will soon hold a discussion and chalk out a broad framework of the alliance, he added.

None of the three major political parties of the Congress, the BJP and the JD(S) has been able to get a clear majority in 11 ZPs. As a result, the JD(S) is in demand in a majority of these ZPs. Mysuru, Kolar, Tumakuru, Shivamogga, Dharwad, Raichur, Bengaluru Urban, Yadgir, Bagalkot, Vijayapura and Belagavi are the hung ZPs.

The Congress and the JD(S) joining hands to hold the reins of power in ZPs and TPs is nothing new in the State. The two parties had formed an alliance after the 2011 panchayat polls and controlled the administration of many ZPs and TPs, including Bengaluru Urban ZP, which had got hung results.

The two parties are currently holding the reins of administration in Bruhat Bangalore Mahanagara Palike by forming an alliance.

Parameshwara said the final decision to form an alliance with the JD(S) will be left to the local leaders. The respective district incharge minister, party legislators and senior leaders will take a decision after looking into the pros and cons of an alliance.

Cabinet rejig

Though Parameshwara did not rule out the possibility of revamping the State council of ministers, he said the decision in this regard was left to the Chief Minister.

“As the State party president, I have not yet discussed about revamping the council of ministers with the chief minister. It is left to the discretion of the chief minister,” he added.
Asked about the Congress failing to win the ZP of his home district Tumakuru, he admitted that the party should have done better there. The Congress has faced defeat even in Koratagere, which Parameshwara used to represent. Of the four ZP seats in Koratagere, the Congress has won only one.

The JD(S), however, is playing the card close to its chest. The party leaders, JD(S) national president H D Deve Gowda and State president H D Kumaraswamy, chose not speak on the Congress' offer for an alliance.

Dist leaders to take call on pact: BJP

State BJP?president Pralhad Joshi has described the results of the taluk and zilla panchayat as “inspiring” for the party. He said that the party would leave it to the district leaders on taking support from like-minded candidates for gaining power at zilla and taluk panchayats, reports DHNS from New Delhi.

“Though the party has won more seats in several places, still it is short of numbers for the formation of the local body. In such cases, the party has asked the local leaders to take decision on their own to form alliance with like-minded party or seek help from independent candidates,”he said. He said the results proved that the people of Karnataka have rejected the administration of the Siddaramaiah-led government.

Break-up of seats in 30 zilla panchayats

Congress secured a majority in 10 ZPs, the BJP?in seven and the JD(S)?managed to wrest control of two ZPs. Hung verdict was witnessed in as many as 11 of the 30 ZPs which went to polls in two phases earlier this month. Election to the posts of the president and the vice president decides the ruling party in the panchayat body. If two candidates secure an equal number of votes - which is possible in places where two parties have equal strength - the winner will be decided through a draw of lots.

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Premanatha
 - 
Wednesday, 24 Feb 2016

Congratulation Radhika Kumaraswamy :)

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News Network
March 26,2020

Bengaluru, Mar 26: Karnataka Pradesh Congress Committee (KPCC) Working President Eshwara Khandre on Thursday suggested to the State government to utilize the infrastructure available at the International Exhibition Centre on the outskirts of the City on Tumakuru Road near Nelamangala, about 15 km from here, for quarantine and treatment of people affected with the Novel Coronavirus (COVID-19) pandemic. 

In a statement here today, Mr Khandre said that the dreaded disease is spreading like wildfire and according to experts the figure may touch one Lakh in the State. 

Hence there is necessary to have adequate infrastructure found well in advance and utlise if necessity arises. The Center is built on a 57-acre land and there are sufficient space available and since it is on the outskirts of the city there is no threat of the virus spreading to the Bengaluru City.

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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News Network
August 6,2020

Bengaluru, Aug 5: A red alert has been issued in several districts in Karnataka due to heavy rainfall in the state since last two-three days, the India Meteorological Department said on Wednesday.

"Red alert has been announced in Udupi, Dakshina Kannada, Uttara Kannada, Chickamagalur, Shivamogga, Kodagu and Hassan, due to heavy rainfall in the region from last two-three days," CS Patil, Director, India Meteorological Department (IMD) Bengaluru said.

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