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

[email protected] (PTI)
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
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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coastaldigest.com news network
August 6,2020

Karwar, Aug 6: In a shocking incident, a 40-day-old girl child was murdered by her own parents in Sirsi town in Karnataka’s Uttara Kannada district.

The accused are Priyanka (21) and her husband Chandrashekhar Bhat (42), residents of Ramanakoppa in Sahasrahalli in Yellapur.

According to police, the couple did not want a girl child and hence threw it into a well. The couple was arrested by the police the very next day.

The incident came to light after the child’s maternal uncle, Abhishek Jagadeesh Singh Choudhari, a resident of Rajeev Nagar in Sirsi, lodge a complaint with Yellapur police station. 

He had claimed that his sister Priyanka’s baby had been kidnapped and subsequently killed. 

Priyanka had claimed that she woke up around 2.30am on August 2 to find that her baby, Tanushri, was not in her cradle. Her husband’s family subsequently started searching for the baby, which they found dead inside a well. 

Choudhari suspected that Tanushri had been kidnapped, and had been killed by her abductors to erase any evidence of their crime.

Uttara Kannada superintendent of police Shivaprakash Devaraju constituted a team to crack the crime, and the cops, who subjected the parents to an interrogation, found that they were the culprits.

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News Network
July 12,2020

Bengaluru,  Jul 12: In view of the rising COVID-19 cases in Bengaluru, a complete lockdown will be implemented in Bengaluru City and Bengaluru Rural areas from 8 pm on July 14 to 5 am on July 22.

"Essentials such as hospitals, groceries, milk, fruit, vegetables, medicines will be available during this period. In addition, medical and postgraduate examinations will happen as already scheduled," the Karnataka CMO informed.

Chief Minister BS Yediyurappa appealed: "Co-operate with all social security policies, wear masks, and abide by government-issued lock-down guidelines for buying everyday items. Your collaboration is essential to controlling the spread of COVID-19 infection."

"I would like to congratulate all Asha activists, medical and police personnel, officers, volunteers, journalists and all those who work directly and indirectly to control the spread of COVID-19 infection," he added.

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