Kerala seeks 2,600 cr special package from Centre

Agencies
August 21, 2018

Thiruvananthapuram, Aug 21: Kerala on Tuesday sought a Rs 2,600 crore special package from the Centre even as the state struggled to find its feet after the devastating deluge that left 223 dead in a fortnight and forced over 10 lakh people out of their homes.

Chief Minister Pinarayi Vijayan chaired a meeting of the state cabinet, which decided to seek a special package from the Centre under the centrally-sponsored schemes including the latter's flagship rural employment programme MNREGS.

Vijayan said a special session of the state assembly has been convened on August 30 to discuss the situation arising from the calamitous floods, the worst in a century.

The chief minister had earlier said the state had suffered damages of about Rs 20,000 crore. Prime Minister Narendra Modi and two other union ministers have collectively announced interim assistance of Rs 680 crore for the state so far.

Vijayan said Kerala would also ask the Centre to hike the limit of loan it can secure from the open market for the massive rebuilding exercise after 13 of the state's 14 districts were ravaged by floods, traumatising people and devastating its infrastructure.

Under the present arrangement, Kerala can obtain three per cent of its gross state domestic product (GSDP) as loans and wants it to be raised to 4.5 per cent to the state can mobilise an additional Rs 10,500 crore from the open market, he said.

As the massive humanitarian tragedy unfolded in the picturesque state, relief poured in. Governments of other states, corporate entities and individuals, including small children, have loosened their purse strings.

Vijayan said the United Arab Emirates has promised an assistance of USD 100 million (About Rs 700 crore) for the state's reconstruction.

Sheikh Mohammed Bin Zayed Al Nahyan, the crown prince of Abu Dhabi, called up prime minister Modi and made the offer for assistance, Vijayan said.

The state-level bankers' committee has also decided to declare a moratorium on repayment on agricultural loan for a year.

Over 10.78 lakh people, including 2.12 lakh women and 1 lakh children below 12 years of age, are taking shelter in as many as 3,200 relief camps a fortnight after a murderous monsoon rampaged through the state in its second spell that began on August 8.

Though rains have eased over the last two days, vast swathes of land remain under a seemingly endless sheet of water in Ernakulam, Thrissur, Pathanamthitta, Alappuzha and Kollam districts.

Though most of those marooned have been evacuated, the state government and defence forces said rescue efforts will continue till the last person was brought to safety. Over 1.63 lakh people were rescued in the last five days alone.

As the state drowned in unprecedented misery, the Onam festival that brings together people of all religious faiths, castes and creed in celebration of a good harvest, too has been washed away, with the government and other entities cancelling the events scheduled for August 25. The money collected for the celebrations will now be spent on flood relief.

The Muslim festival of Bakrid tomorrow will also be low key.

"Houses of many people of the community in Thrissur, Kozhikode and Malappuram districts are still under water. Many of them have not gone back to their homes," said senior journalist C Rahim, adding people were yet to recover from the shock of the floods to be in a celebratory frame of mind.

For people like Ammini, who had to rush to relief camps with only their clothes on, celebrating Onam is the last thing on their mind.

"We don't have anything left, everything has been lost. There is nothing to look forward to. My son is bedridden...I don't know where to go from the camp with my son, daughter-in-law and their child. We have no home left," said the 55-year-old.

"We don't know how to take our life forward. Onam is not on our minds now," she said fighting back tears.

Road and rail services have resumed in most parts of the state but clearing houses of the debris washed up by surging flood water is a daunting task. Vijayan said a massive action plan is being put in place for that.

The state government, he said, is also preparing a comprehensive health action programme to prevent the outbreak of water-borne diseases.

Comments

Ramprasad
 - 
Tuesday, 21 Aug 2018

Modi should stop partiality. Modi taking cheddi favoured decisions. They couldnt be rooted in Kerala soil so they are making use of the situation. UAE govt to give 700 crore. 

Sooraj
 - 
Tuesday, 21 Aug 2018

Centre didnt give required money.

 

Centre denied UN, Japan aid offer to Kerala
Centre offered rice and asked money for that

 

Modi playing with Kerala. Shame on you

 

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coastaldigest.com news network
May 22,2020

Mangaluru, May 22: An elderly cardiac patient from Dakshina Kannada, who was stranded in Saudi Arabia due to covid-19 lock-down, has finally reached his homeland thanks to the timely intervention by Humanity Forum Jubail and Indian Social Forum.

The elderly man hailing from Kadaba area of Dakshina Kannada was admitted to a hospital in Madinah. However, his condition continued to worsen due to lack of proper treatment. The efforts by his family members to bring him back home had not yielded results.

Meanwhile, one of the relatives of the patient, Ansari Suratkal, who happens to be a DKSC activist, brought the issue to the notice of the Karnataka unit of the Indian Social Forum in Dammam. ISF contacted Humanity Forum president Zakariya Jokatte, who helped the patient to speak directly union minister D V Sadananda Gowda in a video conference organised by coastaldigest.com.

Humanity Forum also persuaded the Indian Embassy to allow the stranded cardiac patient to fly back to India through Dammam-Bengaluru repatriation flight on May 20. 

However, it was not easy for the patient to travel from Madinah to Dammam International Airport due to lock-down and curfew. ISF not only obtained travel permission for him but also arranged vehicle. Jeddah and Riyadh units of ISF helped in obtaining permission letter in their respective places in spite of travel ban imposed by the police. Madinah unit of ISF arranged vehicle for transportation. Zakariya Jokatte bore the air ticket and other expenses of the patient.

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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
June 2,2020

Tumkur, Jun 2: Karnataka Agriculture Minister BC Patil on Monday said that state will not be affected due to locust swarm as it has moved to other states.

"There will be no effect as locust insects diverted to other states after they came from Pakistan. We were also worried and were prepared to face it, luckily we will not be affected by insects," he said.

Locust is a type of grasshoppers and moves in large numbers and devastates crops. Several parts of Rajasthan including Ganganagar have reported locust attacks.

There is a prediction of another attack in June this year.

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