Gujarat outcome will have no effect on Karnataka's 2018 polls: Siddaramaiah

Agencies
December 18, 2017

Bengaluru, Dec 18: The outcome of the Gujarat elections will have no effect on Karnataka's own 2018 Assembly elections said Chief Minister Siddaramaiah here on Monday.

Speaking to reporters here in Ballari, he said because 18 Congress MLAs and opposition leaders like Shankar Singh Vaghela have joined BJP, Congress had suffered a setback in Gujarat polls.

"But Congress has won more seats compared to the last elections, mainly because of the influence AICC president Rahul Gandhi bears over the voters," Siddaramaiah said.

"Prime Minister Narendra Modi and BJP National President Amit Shah had visited Gujarat 50 times before the election. BJP chief ministers from across the country had done so too."

"Voters of Karnataka will only consider the development work done by the government. This, I have realised after 40 years in politics. The Congress will again come to power in the state," he said expressing confidence.

Though demonitisation and GST have had a favourable impact in Gujarat, it will backfire against the BJP in Karnataka, the CM asserted.

KPCC's president's reaction

KPCC President Dr G Parameshwara said that Congress had performed well in the Gujarat polls by winning more seats compared to the last elections.

Speaking to reporters in Tumakuru on Monday, he refrained from commenting further, saying that he wished to wait until a clear picture had emerged.

Again he pitched for a return to using ballot papers for polls and not electronic voting machines (EVM); saying that an American university had proved that EVMs can be tampered with.

Based on the Congress party's performance in Gujarat, he expressed confidence that Congress would come to power again in Karnataka in the 2018 polls.

Comments

ahmed
 - 
Tuesday, 19 Dec 2017

Mr. CM your statement itself cannot make victory in KA-2018. Ofcourse during your term we can see development in many of the sectors. Voters may vote you but as the EVM is having lack of control with congress you may not come with flying colors victory. So I strongly advise you and your officials to keep an eye with internal proceeding of the MACHINE.

****BE AWARE OF EVM GOLMAL***

Danish
 - 
Monday, 18 Dec 2017

Wait for some time. EVM cheating they might use

Suresh Kalladka
 - 
Monday, 18 Dec 2017

True.. Karnataka politics is entirely different from Gujarat Feku politics

Mohan
 - 
Monday, 18 Dec 2017

This time congress did much more better and they worked hard for Gujarat and Himachal Pradesh. I hope they do the same Karnataka too

Hari
 - 
Monday, 18 Dec 2017

We have hope in Siddaramaiah govt. Yeddy and Sobhakka are only good at looting

Sangeeth
 - 
Monday, 18 Dec 2017

Confidence is good even just before you loose

Ganesh
 - 
Monday, 18 Dec 2017

Build up the confidence to not let fear hold you back you'll acheive much more

Yogesh
 - 
Monday, 18 Dec 2017

 Wow.. Much enough confidence he has. But no use of that

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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News Network
April 6,2020

Mangaluru, Apr 6: Taking note of the communally hateful messages, news and pictures in the wake of coronavirus, Dakshina Kannada Superintendent of Police (SP) Laxmi Prasad on Monday issued strict warning to people spreading such messages and news on local social media platforms.

The SP also confirmed that four cases under his jurisdiction have been registered for sending, forwarding messages with communal hate in the wake of coronavirus on Facebook, WhatsApp and other social media platforms.

He added the police department will not take any such messages, news, and images lightly which can potentially hurt the sentiments of the people of any community. He also added that those found guilty will be prosecuted under strict law and their gadgets, mobiles will be seized by the department.

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coastaldigest.com news network
June 29,2020

Mangaluru, Jun 29: An elderly woman who was tested positive for coronavirus, breathed her last at the designated covid hospital in the city today.

The deceased was a 60-year-old resident of Ullal.

According to sources, the woman, was getting treated for ailments related to liver and heart.

More details awaited:

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