Kerala CM tables anti-CAA resolution in Assembly

News Network

December 31, 2019

Thiruvananthapuram, Dec 31: Kerala Chief Minister Pinarayi Vijayan on Tuesday moved a resolution in the state Assembly demanding the scrapping of the controversial Citizenship Amendment Act (CAA).

Though the one-day special session was convened to ratify the extension of the reservation for SC and ST in the Assembly and the Parliament for another decade, the resolution against CAA was also taken up in view of the widespread concerns among the public in this regard, official sources said.

While presenting the resolution, Vijayan said the CAA was against the "secular" outlook and fabric of the country and would lead to religion-based discrimination in granting citizenship. "The Act contradicts the basic values and principles of the Constitution. In view of the anxiety among the people of the country, the Centre should take steps to drop the CAA and uphold the secular outlook of the Constitution," he said.

Noting that the Act had triggered widespread protests among various strata of society, the Chief Minister said it had dented India's image in front of the international community. Vijayan also ensured the Assembly that there won't is any detention centres in the southern state. When the session began, O Rajagopal, the lone BJP member in the Assembly, objected to the resolution stating that it was "illegal" as both Houses of the Parliament had passed the CAA Act.

The Opposition Congress-led UDF had demanded the Left government to convene a special session and pass a resolution against the CAA during an all-party meeting convened by the Chief Minister on December 29 to discuss the issue.

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Rajgopal should know that this is Kerala assy and not UP. He should respect the decision of the Kerala assy which has overwhelmly neglected CAA which is a great move. 99 percent of Keralites oppose this black bill. In the same way its being opposed in almost all non-bjp run states. However, bjp is trying to implement in by force (knowing that its agaisnt all communities and muslims in particular) which they will not succeed.

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LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts

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February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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Help poor, needy by not cutting their salaries: Karnataka CM

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April 4,2020

Bengaluru, Apr 4: Karnataka Chief Minister B S Yediyurappa has appealed to employers not to cut salaries of their maids, servants and drivers who are unable to attend work due to the current lockdown situation in the country.

He said compassionate gesture of employers will support the poor and needy.

"I request all the employers not to cut salaries of their maids, servants, drivers etc., who are not able to work due to social distancing. Your compassionate gesture will support the poor and needy to overcome this hard time. FightBackKarnataka CoronavirusPandemic," the Chief Minister said in a tweet.

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What benefit govt is giving us so that we can transfer the same goodness to our workers? Or are the funds only to buy and sell MLA?

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Christian Development Committee welcomes grant for Christians, thanks BSY

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March 5,2020

Mangaluru, Mar 5: Chairman of Karnataka Christian Development Committee (CDC) Joylus DSouza on Thursday welcomed the allocation of a Rs 200-crore grant in the state budget for the development of the Christian community.

In his message to the Chief Minister B S Yediyurappa released to the media, DSouza said, "Christians in Karnataka welcome with gratitude the announcement of Rs 200-crore allocation for the community in the budget for fiscal 2020-21."

In 2011-12 fiscal also, Yediyurappa as Chief Minister had allocated a grant of Rs 50 crore for the community for the first time in the history of the state, he said.

The grant of Rs 200 crore this year shows Yediyurappas concern for the Christians.

I congratulate and offer my sincere gratitude on behalf of the Christian community of the state to Yediyurappa, DSouza said.

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