I don’t grow money on trees: HDK on delay in allocation of funds

TNN
August 10, 2018

Bengaluru, Aug 10: Chief minister HD Kumaraswamy on Thursday hit back at detractors questioning him over the delay in allocation of funds for various government schemes. His retort — he doesn’t grow money on trees.

“I am being accused of not allocating funds for the farm loan waiver, Shaadi Bhagya and other schemes. But I want to let them know that I don’t grow money on trees to distribute funds right away,” Kumaraswamy said while addressing a function in Bengaluru to mark World Tribal Day.

He added that a certain process has to be followed and there are multiple constraints that only he knows about. “I need to take officials into confidence before allocating funds. Despite these constraints, I have to convince them to release the money,” he added.

The CM, however, clarified that he would ensure all schemes meant for the poor and backward classes continue without any monetary hindrance. “I have found ways to allocate money for the Rs 49,000 crore mega farm loan waiver. People should have patience and give me some time to address other issues,” he said.

On reports that the government has reduced the allocation for Shaadi Bhagya, a scheme introduced by the previous Congress regime, Kumaraswamy said this isn’t true.

“Be it Shaadi Bhagya or any other scheme, there hasn’t been any reduction in allocation. I haven’t slashed allocation for programmes announced by the Congress government during its vote-on-account budget placed before the assembly in February this year,” the chief minister said.

Comments

Danish
 - 
Friday, 10 Aug 2018

Collect from BM Farooq (JDS) and return it later

Kumar
 - 
Friday, 10 Aug 2018

Basically some centre support is must for allocating funds. Centre should give funds. 

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News Network
February 26,2020

Bengaluru, Feb 26: Senior Congress leader Siddaramaiah said that Union Home Minister Amit Shah should issue strict orders to the police in Delhi to act in nation's interest and control the ongoing violence.

"Distressing scenes in Delhi!! #DelhiBurning as a result of ulterior motives of divisive forces within our Country. Police have completely failed in their responsibility. People have to remain calm and promote peace in the area for their own benefit," Siddaramaiah tweeted.

"Seven people dead and hundreds are injured, Amit Shah should issue strict orders to police to act in nation's interest and not in the interest of few people. As Gandhiji said, An eye for an eye makes the whole world blind. Peace and harmony should be our moto," he added.
Siddaramaiah further stated that the "triggering point of the #DelhiViolence seems to be the inciting speech of BJP leader Kapil Mishra."

"This actually qualifies for a sedition case as it was aimed at disturbing national peace and security. Police have to arrest him and bring normalcy in Delhi," he wrote.

Siddaramaiah has further asked Karnataka Chief Minister BS Yediyurappa to be careful "before situation goes out of hand."

"Delhi riots are in front of eyes. There will be tough situation here in state as well if those loose tongue leaders in BJP are not stopped in the state," he wrote.
As many as 18 people have lost their lives and around 190 are injured in the violence that has been raging in parts of North-East Delhi from Monday.

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coastaldigest.com news network
May 6,2020

Mangaluru, May 6: A day after a wild bison dies lost its life hours after being tranquilized in Mangaluru, another wild bison appeared in the Ashok Nagar area of the coastal city today.

In fact, two bison were spotted in Mangaluru yesterday. The two were reportedly wandering together early in the morning. Later one was spotted in Mannagudda and the other in Hathill area.

While one of them was tranquillized by an official of a Pilikula Biological Park and captured, another bison had gone missing.

The captured animal, however, died later in the day due to cardiac arrest.

According to official, it is common for herbivores, which are sedated to ensure their safe capture, to suffer cardiac arrest.

Meanwhile, Forest department officials have launched an operation to capture the second bison. It is believed that it is the same bison which went missing yesterday.

Also Read: Wild bison intrudes into Mangaluru city amidst lockdown; captured

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News Network
July 26,2020

Bengaluru, Jul 26: A year-long probe by Coffee Day Enterprises Ltd (CDEL) has found that its late founder V G Siddhartha routed Rs 2,693 crore out of the company to Mysore Amalgamated Coffee Estates Ltd (MACEL), another privately-owned entity of him.

The MACEL owes Rs 3,535 crore to subsidiaries of Coffee Day Enterprises as of July 31, 2019 of which only Rs 842 crore was accounted.

"Therefore, a sum of Rs 2,693 crore is the incremental outstanding that needs to be addressed," said the report of an investigation headed by Ashok Kumar Malhotra, a retired DIG of Central Bureau of Investigation (CBI) and assisted by law firm Agastya Agastya Legal.

Siddhartha was found dead in early August 2019, and many suspected that he had committed suicide.

Steps are being taken by subsidiaries of CDEL for recovery of dues from MACEL, the company said.

"The board authorised the Chairman to appoint an ex-judge of the Supreme Court or the High Court, or any other person of eminence, to suggest and oversee actions for recovery of the dues from MACEL and to help on any other associated matters," it said in regulatory filings at stock exchanges late on Friday.

The probe further gives clean chits to the Income Tax Department and the private equity firms who Siddhartha in his parting letter had alleged of harassment.

"We have not been provided with any documentary evidence to draw an inference that there may have been any advertent or inadvertent harassment from the Income Tax Department," said the probe report.

The probe also highlighted severe liquidity crunch at CDEL in the build-up to Siddhartha's death.

A committee supported by senior professionals was formed to protect the interest of all stakeholders. CDEL said the debt levels which were about Rs 7,200 crore on March 31, 2019 have been brought down significantly by Rs 4,000 crore. The present debt of the group is around Rs 3,200 crore.

"The disinvestment process in the group continues and we are confident to have effective solution to all stakeholders," it said.

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