Dubai-based doctor who studied in Mangaluru gifted me the watch, says CM

[email protected] (CD Network)
February 26, 2016

Bengaluru, Feb 26: Chief Minister Siddaramaiah, who has decided to announce his luxury watch as a state asset, revealed that it was it was a “gift” from his Dubai-based doctor and friend Girish Chandra Varma.

siddaramaiahThe Chief Minister, who came under severe attack from the Opposition JD(S) and the BJP on the “expensive and imported” watch, said: “Dr. Varma gifted me the watch last July when he visited India. I have been a close friend of Dr. Varma since 1983.” Mr. Siddaramaiah said he would pay the gift tax for the watch and provide information to the Lokayukta before July-end during declaration of assets and liabilities.

“I received the gift in July (2015) and I will provide information to the Income Tax Department before March 15. I will not wear the watch, instead I will donate it to the government to preserve it,” the Chief Minister said.

Mr. Siddaramaiah said Dr. Varma studied MBBS in Davangere and completed his postgraduation in Mangaluru. He later practised in France and the U.S. He now resides in Dubai. When the doctor visited India in July 2015, he removed the watch from his wrist and gifted it to Mr. Siddaramaiah. The doctor will provide all details of the watch, including bill receipt and payment of taxes, when he visits India this July.

“The doctor meets me whenever he comes to India and Bengaluru,” the Chief Minister said. “Dr. Varma is a cardiac surgeon. He has been my friend for more than 30 years. He gave me the gift as a gesture of affection and friendship. According to Dr. Varma, the value of the watch is 75,000 dirham,” Mr. Siddaramaiah said, adding that JD(S) leader H.D. Kumaraswamy has been making the watch “a big issue without any basis”.

During the run-up to the elections to rural local bodies, Mr. Kumaraswamy had alleged that Mr. Siddaramaiah, who boasts of socialist credentials and pro-poor policies, was wearing a watch worth Rs. 50 to Rs. 60 lakh, and sunglasses valued at Rs. 2 lakh. In its petition to the Enforcement Directorate, the BJP had urged the ED to conduct an inquiry into the Rs. 70 lakh Swiss wrist watch.

Asked whether he would file a defamation case against the JD(S) leader, the Chief Minister said he would not indulge in such “low-level politics”.

Comments

Uday
 - 
Friday, 26 Feb 2016

Congratulations to Siddaramaiah for making the BJP's job easier. Hope he continues to lend his helping hand with his watch:)

Sumathi
 - 
Friday, 26 Feb 2016

It seems Siddaramaiah had said he wud sell his watch to anyone who paid him even Rs 5 lakh for it. Ready to beg, steal or borrow.

Suresh Vamanjoor
 - 
Friday, 26 Feb 2016

37 Chennai &38 Bangalore ranking is pretty bad. Siddaramaiah can utilise money from d auction of his watch to clean a mini area

Sidda
 - 
Friday, 26 Feb 2016

After Modi’s luxury suit, Karnataka CM Siddaramaiah’s Rs 70 lakh watch to be auctioned`

Ravi
 - 
Friday, 26 Feb 2016

Siddaramaiah Govt must stop fooling people & work for the State. If not time will run out even on his 70 lakhs watch

priyanka
 - 
Friday, 26 Feb 2016

Modi's few thousand worth suit becomes worth 10 lacs with nonstop coverage. But Siddaramaiah's 70 lacs watch doesn't get any coverage

reshma
 - 
Friday, 26 Feb 2016

It's a second hand watch gifted to me. I'll pay gift tax, won't wear it &will make a state asset

Vaman Rai
 - 
Friday, 26 Feb 2016

Will pay tax on Rs 70 lakh watch which was gifted to me but will not wear it, says Karnataka Chief Minister Siddaramaiah

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News Network
April 18,2020

Bengaluru, Apr 18: With 12 fresh cases of the COVID-19 infection, including one woman, the total number of novel coronavirus cases in Karnataka surged to 371 on Saturday.

The sources said that as many as three new positive cases were reported from Mysuru district, followed by two each from Kalaburagi, Bhagalkote, one each case from Vijayapura, Belagavi, Dharwad, Gadag and Mandya, districts on Saturday.

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News Network
May 11,2020

May 11: The Karnataka government appears set to roll out red carpet welcome to foreign companies seeking to move out of China.

The State's Large and Medium Scale Industries Minister Jagadish Shettar said the Government plans to constitute a task force, under the Chairmanship of the Chief Secretary T M Vijay Bhaskar, to spearhead the drive to attract such investment. A proposal to this effect has been sent to the Chief Minister B S Yediyurappa for approval, the Minister told PTI in an interview.

This panel would take feedback and suggestions from a consultative committee to be formed with prominent industrialists from the State and representatives of various countries located here, Shettar said.

In recent days, the Minister held consultations with industrialists such as co-founder and Non-Executive Chairman of Infosys Ltd, Nandan M Nilekani, Executive Chairperson of Biocon Ltd, Kiran Mazumdar-Shaw and Chairman of early-stage startup accelerator and venture fund Axilor Ventures Senapathy (Kris) Gopalakrishnan to fine-tune the States outreach push.

Shettar also held interactions with industry bodies, including Confederation of Indian Industry (CII), the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), Bangalore Chamber of Industry and Commerce (BCIC) and Karnataka Small Scale Industries Association (KASSIA).

Industrialists who took part in the deliberations suggested to the government to focus on ease of doing business and improving the single window clearance system for approvals, as the Minister spelt out government's intent of further improving the investment climate to attract industries to Karnataka.

To boost the industry sentiment in the State, they also stressed the need on easing land acquisition regulations, and leveraging the knowledge base of Bengaluru to promote technology-based manufacturing.

"Given the interest shown by some companies in moving their manufacturing bases out of China, the industry leaders recommended that the State government identify a target list of 100 firms to reach out to for attracting to the State, and work out a strategy to bring them to Karnataka," an Industry department official said.

The industry leaders assured cooperation from the private sector in reaching out to and facilitating interactions with CEOs of these companies.

Shettar said restrictions on acquisition of agriculture land for starting industries have now been relaxed with the passage of an amendment to the land reforms act in the recent Legislature session.

This would facilitate immediate land allotment to industries, he added.

The Minister has also submitted a proposal to the Chief Minister on relaxing labour laws.

Secretary General of industry body ASSOCHAM, Deepak Sood, told news agency recently that there is a broader consensus that the global manufacturing supply chain would be more spread than concentrated in major economies like China.

"If India comes out of the present crisis with minimum of impact, we can be the destination of choice for the global manufacturing giants in different sectors like electronics, computer hardware, pharmaceuticals, including medical devices, automobile, including components and other engineering products," Sood had said.

Gopalakrishnan, also co-founder of Infosys and former CII President, said India has to target companies which have operations in China, reach out to them, understand what their needs are and hold discussions with them.

"We have to make sure that their requirements are addressed, be it with regard to land, office space, faster approvals, and some concessions on local taxes. It depends on the businesses that the companies are in, and if we are able to respond to those requests, I think we will be able to attract them", he told news agency.

"All states will compete for this business (foreign investment)," Gopalakrishnan added.

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costaldigest.com news network
June 28,2020

Mangaluru, June 28: Three fresh deaths in last 24 hours have taken the total number of covid-19 deaths in Dakshina Kannada district to 13.

While a 31-year-old youth from Idya in Surathkal and a 57-year-old woman from Bantwal passed away last night, a 52-year-old woman from Jokatte breathed her last today. 

The youth from Suratkal breathed his last in Wenlok. The woman from Bantwal’s Loretto Padav village was unwell for last 1 year. She was tested positive three days ago and passed away at a private hospital. 

The woman from Jokatte was reportedly suffering from tuberculosis. On June 26, she was admitted to a private hospital in the city, where she was tested coronavirus positive.

As per the district health bulletin on Saturday June 27 evening, a total of 12,919 samples have been sent for tests till date, out of which 12,198 have turned out negative, and 576 positive, including 10 persons from other districts. 

Out of these, 148 are currently active. As many as 416 persons have recovered and been discharged.

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