Karnataka polls: With assets over Rs 1,020-cr Priya Krishna is the richest candidate

coastaldigest.com news network
April 21, 2018

Bengaluru, Apr 21: This 34-year-old Congress candidate from Govindarajanagar in Bengaluru with assets worth over Rs 1,020 crore appears to be the richest candidate in the fray for May 12, 2018 Karnataka assembly polls.

The incumbent MLA of Govindarajanagar, Priya Krishna, son of Housing Minister M Krishnappa aka Layout Krishnappa was the richest candidate in 2013 too with the declared assets of Rs 910.9 crore. In five years he saw a growth of 11%.

Priya Krishna was first elected from Govindarajanagar in the 2009 bypoll. Most of the immoveable assets of this young politician are ‘gifted,’ as he mentions in the affidavit accompanying the nomination papers for the election.

N. Nagaraju, the Congress candidate from Hosakote, has more than doubled his wealth at Rs. 1,010 crore. In 2013, the businessman had declared Rs. 470.13 crore. D.K. Shivakumar, Energy Minister, may be the third richest candidate this time after reporting wealth of Rs. 841.372 crore now.

Comments

Mohan
 - 
Saturday, 21 Apr 2018

He proved he is a congress leader... a (Rahul) Gandhian

Ganesh
 - 
Saturday, 21 Apr 2018

Why these people entering into politics.. actually these people dont want to serve poor people. If they really wanted to help, then they might have been choose some other social services

Yogesh
 - 
Saturday, 21 Apr 2018

Agsin he wanted to raise his wealth thats why he chose congress. You people should learn from BJP leaders

Danish
 - 
Saturday, 21 Apr 2018

What about BM Farooq

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News Network
February 5,2020

Bengaluru, Feb 5: Despite installing a BJP government in Karnataka through disguised operation Kamala, the Prime Minister Narendra Modi-led union government has continued its step motherly attitude towards this south Indian state.

Under the new formula adopted to share central taxes among states Karnataka will be the worst-affected. Though the 15th Finance Commission has recommended a special grant of Rs 5,495 crore for the state for 2020-21, the Centre appears reluctant to pay up and instead has asked for the proposal to be reviewed.

During the Union budget, the report of the 14th Finance Commission headed by NK Singh for 2020-21 was tabled in Lok Sabha. It shows besides Karnataka, Telangana, Mizoram and Kerala saw their central tax share decrease, while Uttar Pradesh, Bihar and Maharashtra were top gainers.

Karnataka's share has decreased from 4.7% provided by the previous finance commission, to 3.6%. Acknowledging there is a steep decline in Karnataka's share from 2019-20, the finance commission has recommended a special grant of Rs 5,495 crore for the state.

Its share in 2019-20 was Rs 36,675 crore, but under the new formula, Karnataka will get only Rs 31,180 crore in 2020-21 from the divisible pool of Rs 8.5 lakh crore - a decline of 22.5%.

Also, the decrease for Karnataka comes on the back of a shortfall in 2019-20. While the state was entitled to Rs 39,806 crore from the divisible pool, it got only Rs 36,675 crore as the Centre suffered a tax revenue shortfall of Rs 1.5 lakh crore.

What is more disheartening though is the Centre's refusal to pay the special grant. Instead, the Union finance ministry has asked the finance commission to reconsider the recommendation. This has prompted the state to take up the issue with the Centre.

"The decline in central taxes devolution comes at a time when the state is going through a tough financial situation. Steps are being taken to ensure Karnataka gets justice," said chief secretary TM Vijay Bhaskar.

Officials said besides corrective measures for 2020-21, the focus will be on ensuring a fair share in subsequent years. However, Karnataka has little chance of getting its dues as the Centre is known to be prudent when distributing tax proceeds among states.

"The Centre has certain views on devolution. We have done our duty by submitting the interim report. It's up to the states to convince the Centre," said Ravi Kota, joint secretary of 15th Finance Commission.

Under the new formula, the commission changed the weightage for some of the six criteria it considers - population, area, forest cover, income distance, demographic performance and tax effort.

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coastaldigest.com news network
February 9,2020

Mangaluru, Feb 9: A youth, native of Dakshina Kannada, was kidnapped and later robbed and then abandoned by a group of criminals, after he landed at the Karipur International Airport in Kerala early on Sunday morning.

In a complaint filed with the Kondotty police, the victim identified as Abdul Nazar Shamsad, said he was kidnapped while he was travelling in a shared auto from the airport to Calicut town. The kidnappers took him to an unknown destination where they tortured him.

Shamshad was reportedly subjected to physical assault and was asked to hand over the gold that he carried with him. It is learnt that the kidnappers had mistaken the youth for a gold smuggler and tortured him in order to get hold of the smuggled gold. They also stole his money and documents before abandoning him.

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coastaldigest.com news network
August 7,2020

Mangaluru, Aug 7: A youth died on the spot in a ghastly road mishap on Netravati Bridge near Thokkottu on the outskirts of the city today evening.

Police sources said that the face of the youth, who was riding a motorbike, has been damaged beyond recognition. He died on the spot. 

More details about the mishap are yet to be known. A case has been registered at Mangaluru Traffic police station.

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