Karnataka govt finally cancels Bengaluru steel flyover project

[email protected] (CD Network)
March 2, 2017

Bengaluru, Mar 2: The Karnataka government today decided to scrap the controversial Bengaluru steel flyover project that was aimed at decongesting the road that connects the city with its international airport and surrounding areas.steel

"...We have decided to cancel the steel bridge project. I have spoken to the Chief Minister, and the Chief Minister has agreed to it," Minister for Bengaluru Development and State Town Planning K J George told reporters here.

The Rs 1,800-crore project had been facing stiff opposition from citizen groups over environmental concerns and doubts over its sustainability model. Questions were also raised regarding escalation in its cost.

An estimated 812 trees would have had to be felled for the project that was stayed by the National Green Tribunal last year. Recent allegations of crores of rupees received as kick back in connection with the project, allegedly mentioned in diary entries of Congress MLC Govindaraju, had also marred the project.

Govindaraju's alleged diary entries, reportedly consisting of information relating to payoffs made by state Congress leaders to the party's central leaders, have kicked up a political storm in the state.

As the minister made the announcement of abandoning the project, a few Congress MLAs opposed the move in the presence of the media, calling it "anti-development". They demanded that a decision should not be taken in haste because of false allegations by BJP.

Responding to this, George said "....they (BJP) are making false allegations on government, they are doing it without any evidence. We don't want to construct this steel bridge with allegations of corruption."

BJP President B S Yeddyurappa had earlier alleged that those in the government, including Chief Minister Siddaramaiah, had "benefited from the project in the form of commissions and kickbacks."
Earlier in the day, to a question about the decision on scrapping the project, Siddaramaiah said the steel bridge was proposed to ensure less traffic for Benguluru residents.

"If Bengaluru people don't want, why do we want it?" he asked.

He said George was holding a meeting with city MLAs to seek their opinion on the project. Claiming victory over government's decision to drop the project, opposition BJP has now demanded a CBI inquiry.

"....finally it (government) has abandoned the steel bridge project which was full of corruption and loot. If CBI inquiry happens, all the allegations will be proved hundred per cent and the Chief Minister will have to resign. So fearing it, they have dropped the project", Yeddyurappa said.

He said the BJP will raise the issue during the Budget session of the legislature, starting from March 15. George said, "Earlier they had accused a minister of corruption, now they are saying the Chief Minister's family is involved....we don't want the steel bridge with allegations, we are here for the people. Give me evidence, I'm ready to resign and I'm ready for any punishment..."

"Give me suggestions, I’m ready to take. Those who are in favor of Bengaluru development, would not have opposed the project," he said.

Comments

Rikaz
 - 
Thursday, 2 Mar 2017

Rajesh, if you want to get a minister's like George you will have pray 1000 times....very clean politician....only states development is there in his mind....and does exactly that....

you go and check X CM Yeddi and all other his ministers...they have looted our country like hell....made our state treasury a big zero....

Rikaz
 - 
Thursday, 2 Mar 2017

Yaddi is hungry for power....may be before that his fate will also be like Sasikala of Tamilnadu..

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coastaldigest.com news network
June 21,2020

Mangaluru, June 21: As many as 7 fresh cases of covid-19 were detected in coastal district of Dakshina Kannada today whereas neighbouring Udupi did not report any new case. 

The total confirmed covid cases in Dakshina Kannada today mounted to 425. Among them, 227 people have been already recovered and discharged. Today alone 26 were discharged. Currently there are 190 active cases in the district.

In Udupi there are only 102 cases are currently active among 1,063 detected covid-19 cases. So far 959 people have been discharged from hospital after fully recovering from the diseased. Today six patients were discharged.

Dakshina Kannada has so far witnessed death of 8 covid-19 patients. Among them 2 persons lost their lives due to non-covid reasons. Udupi has witnessed 2 covid related deaths so far.

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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
March 6,2020

Udupi, Mar 6: District Health Officer Sudheer Chandra said that health department had compiled a list of foreigners visiting the Temple town Udupi and ensure that they are not infected with Coronavirus.

Addressing media persons at District Government Hospital in Ajjarkad on Friday, he said the Isolation Unit set up with five beds to treat the new Coronavirus infection includes two beds with Ventilator facility. Isolation wards with three beds were set up in Kundapur and Karkala taluks to treat the affected.

In order to prevent the spread of Coronavirus, Committees were formed at District and Taluk level, he added.

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