Fadnavis made CM to facilitate transfer of Rs 40k-cr to Modi govt: Anant Kumar Hegde

News Network

December 2, 2019

Bengaluru, Dec 2: Former union minister and BJP MP Anant Kumar Hegde has claimed his party colleague Devendra Fadnavis was made chief minister in Maharashtra last month despite lacking majority only to 'protect' Rs 40,000 crore central funds under the CM's control from being 'misused'.

Days after Fadnavis resigned barely 80 hours after taking oath for the second time as chief minister, Hegde, known for making controversial statements, sought to give a new twist to the episode describing the government formation by the BJP as a 'drama' played out to ensure that the funds meant for development works were 'protected'.

"You all know that recently in Maharashtra for just 80 hours our person was Chief Minister, but soon Fadnavis resigned. Why did we have to do this drama? Din't we know- despite knowing we don't have majority, why did he become CM? This is the question commonly every one ask," Hegde said.

Addressing a gathering, reportedly during campaign in bypoll-bound Yellapur in Uttara Kannada district on Saturday, he said, "More than about Rs 40,000 crore was under CM's control.

If NCP, Congress and Shiv Sena come to power certainly that Rs 40,000 crore would not have gone for development work and would have gone for different things (misused)." "It was entirely planned earlier itself. Once we got to know (about three parties forming government) it was decided that a drama has to be played out.

So, adjustments were made and oath was taken (by Fadnavis as CM), after oath within 15 hours Fadnavis systematically ensured that it (money) reaches where it had to and protected it," the BJP leader said, speaking in Kannada. The entire amount was given back to central government, or else certainly the "next Chief Minister would have...you know what would have happened...," he added.

Fadnavis was sworn in by Maharashtra Governor Bhagat Singh Koshyari in a hush-hush ceremony on November 23 for a second term after stunning midnight developments where NCP's Ajit Pawar had revolted against his party and propped up the government with BJP. However, three days later, Fadnavis resigned as chief minister ahead of the floor test, admitting he does not have the numbers shortly after his deputy Ajit Pawar quit the government.

Subsequently, on November 28, Shiv Sena leader Uddhav Thackeray took oath as the new Chief Minister of Maharashtra, heading an unlikely alliance of the Sena, the NCP and the Congress. The Shiv Sena broke up its three-decade alliance with the BJP over sharing of the chief minister's post after contesting the assembly elections together and the combine winning a comfortable majority.

Also Read: Anant Kumar Hegde’s Rs 40,000 cr claim is false, says Fadnavis

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CHOOR MACHAYE SHOOR

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Do not fool us.

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Udupi: Senior journalist Raviraj Valalambe no more

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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Economic slowdown hits Karnataka, GSDP to dip by 1% compared to FY18-19

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March 8,2020

Bengaluru, Mar 8: The economic slowdown in the country had a cascading effect on Karnataka, as its growth rate for outgoing fiscal 2019-20 is projected to be 6.8 per cent against 7.8 per cent in the last fiscal (2018-19), a senior official said on Saturday.

"The Gross State Domestic Product (GSDP) is estimated to be 1 per cent less at 6.8 per cent for this fiscal from 7.8 per cent in the last fiscal due to slowdown in manufacturing (industry) and services sectors," an official of the state finance department told media.

Though the agriculture sector has revived from 1.6 per dent in the drought-hit last fiscal (2018-19) to register 3.9 per cent this fiscal, growth rates of industries and services will be 4.8 per cent and 7.9 per cent for 2019-20 against 5.6 per cent and 9.8 per cent respectively in 2018-19.

"The GSDP is projected to grow at 6.3 per cent in the ensuing fiscal of 2020-21 due to continued slowdown in the national economy," the official hinted.

According to the state's economic survey for 2019-20, the farm sector grew more than double to 3.9 per cent from 1.6 per cent a year ago due to increase in the production of foodgrains, dairy products and fish catch.

Foodgrain production across the state rose to 136 lakh tonnes from 128 lakh tonnes a year ago, the survey revealed.

"In line with the national Gross Domestic Product (GDP) growth rate decline, Karnataka's GSDP has declined from a high of 13.3 per cent in 2016-17 to a low of 6.8 per cent in 2019-20.

"The GSDP has declined from a double-digit growth of 10.8 per cent in 2017-18 to 7.8 per cent in 2018-19 and 6.8 per cent in 2019-20," the survey pointed out.

The survey has adopted the all-India growth rate for the services sector growth in the state, which reflects the impact of slowdown in the key sector.

At current prices, the southern state's GSDP is expected to be Rs 16,99,115 crore (budget estimates) with a 10 per cent growth rate in the next fiscal (2020-21).

"Real estate, professional services and ownership of dwellings contributed 35.31 per cent to the GSDP in 2019-20, followed by manufacturing with 15.32 per cent, trade and repair services 9.51 per cent and crops 7.44 per cent," said the survey findings.

Per capital income in the state at current prices is estimated to be Rs 2,31,246 in 2019-20, an increase of 8.8 per cent from Rs 2,12,477 in 2018-19.

"The per capita income in the state is 58.4 per cent more than that of all-India rate at Rs 1,35,050 in this fiscal," the survey added.

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