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It's actually a 30% sarkar, says BJP

DHNS
February 6, 2018

Bengaluru Feb 6: Union Minister D V Sadananda Gowda said on Monday that Prime Minister Narendra Modi had "understated" the percentage of commission the Congress government allegedly charges to clear projects.

"It's actually 30% and not 10% as the prime minister said," Gowda told reporters. "This includes 10% advance and another 20% at the time of billing."

BJP leader and former minister C T Ravi concurred. "If we knew Modi was going to talk about commissions, we would have informed him that it can go up to 23% at the time of bill payment," he said.

Gowda also hit out at Home Minister Ramalinga Reddy on the law and order situation in the state. "When we ask him to focus on the situation here, why does he refer to Uttar Pradesh? After Yogi Adityanath became the chief minister there, things have improved," he said.

On the Mahadayi issue, Gowda said it was former Congress president Sonia Gandhi who had politicised the issue. "When Amit Shah came forward to solve the issue, the Congress tried to politicise it. Our stand is that the issue has to be resolved outside the tribunal."

Leader of the Opposition in the Assembly Jagadish Shettar mocked the ruling Congress for putting up hoardings in the city, claiming the state was top ranked in industrial investments. "This is a lie. Only 15.7% of the investments have been realised so far," he said.

Leader of the Opposition in the Council K S Eshwarappa accused Chief Minister Siddaramaiah of violating protocol during Modi's visit. "As chief minister, he did not show the basic courtesy of receiving the prime minister," he said.

Comments

Abu Muhammad
 - 
Tuesday, 6 Feb 2018

Gowdaji, while you (BJP) having thousands of rotten corpse in your cupboard, you are pointing fingers at others clean cupboards. Did you forget your party's various previous scams such as BBMP, HUDCO, MINING, corruption, Porn, immoral & illicit relations of your leaders......in Karnataka. Even if you repeat your LIES & DECITE a thousand times, it will not work in Karnataka. The writing on the wall is very clear when you took out the campaign, you coud not read it.

 

MODIJI came to Karnataka and behaved in Karnataka as the BJP leader and NOT as PM of Secular India. Siddaramaiah's response was befitting and apt.

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News Network
March 31,2020

Bengaluru, Mar 31: Ten persons who were under home quarantine in Bengaluru and had escaped to their native places, were arrested on Monday.
A case has been registered against them at Gurmitkal Police Station, said BH Anil Kumar, Bruhat Bengaluru Mahanagar Palike (BBMP) Commissioner.

Seven new COVID-19 cases were confirmed in Karnataka between Saturday 5 pm and Sunday 2 pm.

The total number of positive cases in the state stands at 83, out of which five have been cured and three have lost their lives, according to the Karnataka Health Department.

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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
February 20,2020

Bengaluru, Feb 20: The poultry industry is facing losses amid rumours of the discovery of a chicken infected with coronavirus in Bengaluru.

DK Kantharaju, president, Karnataka Cooperative Poultry Federation said, "Karnataka is facing losses of Rs 60 to 65 crores. The consumption percentage has also decreased by 30-35 per cent".

Atiq, a meat seller, said, "Because of coronavirus people are scared. But I want to say that chicken is safe to consume here. All this fear is caused due to fake news on social media."

Another person Abdul Hafeez said, "Chicken and coronavirus are not related. People are scared because of what is being spread on social media. The business has definitely gone down due to fear of coronavirus."

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