Lotus 2.0: Hectic political activities among coalition partners

News Network
May 24, 2019

Bengaluru, May 24: After receiving a severe drubbing in the just concluded Lok Sabha elections, the JD(S)-Congress leaders are holding series of parleys to decide future course of action.

Senior Congress leaders, including former chief minister Siddaramaiah, KPCC president Dinesh Gundu Rao, and senior Ministers in the coalition government are meeting at the residence of Siddaramaiah and working out strategies to be taken in the event of the Opposition BJP is pressing hard to topple the one-year-old JD(S)-Congress coalition government.

The Congress leaders who were in shock after witnessing one of the worst backlash in the Lok Sabha elections, however, maintained that the verdict in the Lok Sabha should not be seen as against the mandate of the state government.

In his immediate reaction over receiving the drubbing in the Lok Sabha elections, the former chief minister Siddaramaiah, had maintained that the Lok Sabha results was a mandate for Narendra Modi and people have not voted against the JD(S)-Congress coalition government in Karnataka.

He had also rubbished the demand of the State BJP president B S Yeddyurappa for the resignation of the coalition government owning moral responsibility.

Meanwhile Chief Minister H D Kumaraswamy had convened an informal meeting of the state Cabinet, today, reportedly to decide the future course of action, in the backdrop of the humiliating defeat of the Alliance partners, the Congress and the JD(S).

According to JD(S) sources, Chief minister H D Kumaraswamy, who was deeply saddened with the political setback in the Lok Sabha elections, in which his son Nikhil was also lost to an independent candidate in Mandya, is reportedly not keen to continue in the office.

He had also convened a meeting of the JD(S) legislators meeting after the Cabinet meeting and take their views on continuing alliance with the Congress, which had been flopped badly.

It may be recalled that both the Congress and the JD(S) which had a pre-poll alliance had fought the Lok Sabha elections jointly, sharing the seats among themselves.

While the Congress had chose to contest in 21 seats, it had allotted as many as 7 remaining seats in Karnataka to its new-found political ally JD(S).

When the results were announced both the Congress and the JD(S) had to content with bagging one seat among themselves, in the total number of 28 Lok Sabha seats.

The Congress and the JD(S) had formed the government in 2018 May, with alliance, as no parties got clear majority, and the Opposition BJP had emerged as the single largest party by bagging 106 seats in the 224-member Karnataka Assembly.

Both the Congress and the JD(S) parties, leaving aside their rivalries had come together for the first time in Karnataka and the JD(S) which had won only 37 Assembly seats had formed the Government with the Congress, which had secured 80 seats in the Assembly elections.

Comments

Wellwisher
 - 
Friday, 24 May 2019

Lok Sabha result is only because of the politicians negligence. The result figures and well planned prior election schedule with the distributing huge n huge amount of money and treats. From local officer to major part of media and publications .  They targeted particular region and on particular candidate's. There was no chance for Kannaiyas defeat;similiarly Shatrugan sinha;Jyothirade Scindia;Mr.Kharge  . Major figures in UP;MP;Bihar are are a well planned EVM game. Now wait n see the next stage after replacing all 4 supreme courts judges. All are with back ground of Nagpur HQ institutions.

If the opposition and nations Patriot politicians not come in action  then Indias future nor any where.

 

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News Network
February 29,2020

Bengaluru, Feb 28: Bengaluru Police Commissioner Bhaskar Rao on Friday said that Section 144 will be imposed near Vidhana Soudha for Budget session starting from March 2.

"Section 144 of the CrPC (prohibits assembly of more than 4 people in an area) will be imposed in the area around Vidhana Soudha from March 2 to March 31 ahead of the Budget session,"Bhaskar Rao said.

The police said that they have intelligence inputs of protests near Vidhana Soudha.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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News Network
February 22,2020

Bengaluru, Feb 22: President Ram Nath Kovind on Saturday said an ideal trade-off needs to be reached between new media -- which is fast and popular -- and traditional media which has developed skills to authenticate a news report, which is a costly operation.

Addressing the fourth edition of ‘the Huddle’ – the annual thought conclave of the Hindu here, he asserted that the internet and social media had democratised journalism and revitalised democracy, but had also led to many anxieties.

While the new media was fast and popular and people could choose what they wanted to watch, hear or read, traditional media would have to introspect on its role in society and find ways to earn the reader’s full trust again as "the project of democracy was incomplete without informed citizens – which means, without unbiased journalism."

Debate and discussion were internalised in India’s social psyche to arrive at truth since time immemorial, he said.

"There is no doubt that perception of truth is conditioned by circumstances. The conditions that cloud the truth’s positions are effectively dispelled by a contestation of ideas through debate, discussion and scientific temper. Prejudices and violence vitiate the search for truth."

Expressing happiness to attend ‘The Huddle’ organised by The Hindu, he said the Hindu group of publications had been relentlessly aiming to capture the essence of this great country through its responsible and ethical journalism. He commended them for their insistence on sticking to the five basic principles of journalism – truth-telling, freedom and independence, justice, humaneness and contributing to the social good, an official release here said.

Mr Kovind said dogmas and personal prejudices distorted the truth. In the 150th year of Gandhiji’s birth, he asked all to ponder over this question: "will it not be proper to pursue truth itself as the ideology? Gandhiji has shown us the path by walking ceaselessly in search of truth which would ultimately encompass every positive attribute that enriches the universe."

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