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
May 28,2020

Udupi, May 28: The India Meteorologic Department (IMD) on Thursday warned fishermen in coastal belt of Karnataka against venturing out into the deep sea between May 31 and June 4.

The Department stated that depression is expected to occur in the south-eastern part of Arabian Sea and the nearby areas and it would be dangerous for the fishermen of Karnataka, Kerala and Lakshadweep to go out towards the deep sea.

The Department officials said that they would provide information on development in weather conditions. In the backdrop of the current weather forecast, however, the fishermen in the western coastline were advised against venturing into the sea.

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Agencies
January 16,2020

Bengaluru, Jan 16: Amping up the online payment experience for consumers, Razorpay, the leading full-stack financial services company, today launched a new product, Instant Refunds for businesses.

This new feature activates refunds and credits the customer's source account across payment methods such as credit card, net banking, and UPI within a minute of initiation.

India is one of the fastest-growing online retail markets today. About 71 per cent of internet users in the country purchase products online. Today, the refund process has two major pain points for both the end customer and the business.

First, a delay of five-seven business days for the customer in receiving the money because of multiple intermediaries like the acquiring bank, issuing bank and the networks (VISA/MasterCard/Rupay).

Second, the lack of transparency during the entire refund process for both the customer and the business. This long cycle of processing refunds is a significant problem with every popular payment method in the industry.

By issuing refunds instantly, Razorpay will help businesses retain their customers, build trust through an improved hassle-free payment experience and provide complete transparency on refunds to both the business and the end-user.

This new feature will also reduce the dependence on manpower as every refund issue on an average leads to ten service emails or calls from customer support teams.

"Instant Refunds are the new normal and central to great customer experience. A lot of consumers fail to use online payment methods as they feel getting refunds through an online platform is a very time-consuming task; hence they prefer CoD as the best alternative. Given the technological advancements being made in the fin-tech ecosystem, its fair for customers to expect refunds as fast as possible. A solution like Instant Refunds will not only help build consumer confidence in digital payments but also reduce losses for e-commerce companies where CoD has become an expensive option with more than 50 per cent online transactions made through cash", said Shashank Kumar, CTO & Co-founder of Razorpay.

"Our Instant Refunds feature ensures that the refund is processed at a 3600x faster pace than the normal expected time of five-seven business days. The team is focused on creating new technologies designed to make the entire payment lifecycle hassle-free. We believe this new feature will make customers experience a notch higher, help brands create a competitive advantage, and even make them more profitable", he added.

Razorpay's growth has been uphill, particularly in the last two years. With a 500 per cent growth in 2019, the company has been witnessing a healthy growth rate of 35 per cent month-on-month.

The company also recently launched its corporate credit cards for its partner businesses, RazorpayX current accounts, support for freelancers and homepreneurs, and acquired Opfin, a payroll and HR management software company.

Currently powering payments for over 800,000 businesses including the likes of Indigo, BSE, Thomas Cook, Reliance, SpiceJet, Aditya Birla, Sony, and Oyo, the team plans to increase this count to 1,400,000 by this year. The full-stack financial solutions company expects a 4x growth in its revenue by the end of the next fiscal year.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article.

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News Network
May 1,2020

Bengaluru, May 1: Karnataka has reported 11 new cases of coronavirus, taking the State's count to 576, informed the Health Department on Friday.

Out of the total COVID-19 cases found in the State, 235 people have been discharged and 22 people have died.

"11 new COVID-19 cases have been confirmed in Karnataka from April 30, 5 pm till noon today, taking the total number of cases to 576, which includes 22 deaths and 235 discharges," said the State government COVID-19 bulletin.

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