Flagship rice programme made a good impact on the poor: CM

August 26, 2013
Bangalore, Aug 26: Brimming with confidence after the Congress wrested two Lok Sabha seats from the JDS, Karnataka Chief Minister Siddaramaiah today sought to showcase the initiatives of his government asserting that the flagship rice programme has made a positive impact on the poor.

Quoting a woman who interacted with him, Siddaramaiah said BPL families are now able to save Rs 800 per month following the government's decision to implement "Anna Bhagya" which entails Rs 4,200 crore subsidy, providing a maximum of 30 kgs of rice at Re one from July 10 for BPL families.

"It has made a very good impact on poor people," the Chief Minister said at a press conference highlighting the achievements of his government after it completed 100-days in office on August 20.

From October two, ragi, jowar and wheat would also be provided at Re one, along with rice, with total quantity not exceeding 30 kgs as per the demand from people from different regions.

Stating that the government is monitoring implementation of the rice programme closely, he said licence of 43 fair price shops have been cancelled when it came to light that they were selling half the quantity in open market at hefty rates after giving the other half to the beneficiaries free of cost.

He said "Ksheera Bhagya" programme being implemented in the state, providing 150 ml milk thrice a week to 1.04 crore school and Anganawadi children would address the issue of hunger and malnutrition.

"The whole intention of the government is to make Karnataka a hunger-free State," Siddaramaiah, who was in a jovial mood after the Congress candidates won the Mandya and Bangalore Rural Lok Sabha bypoll last week, giving a jolt to the JDS in its stronghold.

"More than 60 poll promises of the over 160 made by the Congress has been announced in the budget and they will be implemented in the current financial year," added the Chief Minister, who recapped the Congress government's other initiatives announced during the period.

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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News Network
January 10,2020

Mangaluru, Jan 10: To mark the Karavali Utsav the district administration held a colourful procession from Nehru Maidan to Karavali Utsav Grounds Lalbagh here on Friday.

The colourful procession was inaugurated by the District Minister In-charge Kota Srinivas Poojary by lighting the traditional lamp along with other dignitaries. Various troupes from all over the state are participating in the procession from Nehru Maidan to the Karavali grounds.

Addressing the gathering Kota Srinivas Poojary said, “Karavali Utsav is a meaningful festival. The Tradition and culture of Dakshina Kannada is very meaningful. By organizing Utsav’s we are highlighting our tradition and Culture to national and international levels.

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coastaldigest.com news network
July 27,2020

Udupi, Jul 27: Karnataka chief minister B S Yediyurappa has appointed BJP leader Lalaji R Mendon as the new chairman of the State Backward Classes Commission.

Mendon is a three-time MLA from the Kapu Assembly constituency. During his second term as MLA, he was the Director in Konkan Railway’s Board.

Mr Yediyurappa has appointed 24 MLAs to different corporations in the state. Mendon is only one from coastal Karnataka.

Mendon is the only MLA representing BJP from fishermen's community. He was the president of Kaup unit of BJP Yuvamorcha. He also served as the state BJP secretary.

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