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.

 

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 1,2020

Bengaluru, Jul 1: Karnataka government has announced a complete lockdown on Sundays till August 2. "There shall be complete lockdown on Sundays from July 5 and followed by next four Sundays till August 2," stated the government. 

"However, essential activities allowed during night curfew will be permitted during Sunday lockdown too. Marriages already fixed on Sundays will be permitted as per norms," also said.

The government further ordered, "All government offices, Boards and Corporations, except those operating and maintaining essential services, shall remain closed on all Saturdays till the second week of August."

Employers should ensure that the Aarogya Setu app is downloaded and used by the employees. The app enables the identification of potential risk of infection,

Regarding Sunday Lockdown, it said, there shall be complete lockdown on Sundays with effect from 5th July, 2020, and followed by next 4 Sundays till 2nd August, 2020.

However, the essential activities as above permitted during Night Curfew shall be permitted during the Sunday lockdown also.

Lockdown in Containment Zones in Karnataka

Lockdown will continue to remain in force in the Containment zones. In the Containment Zones, only essential activities shall be allowed. There shall be strict perimeter control to ensure that there is no movement of people in or out of these zones, except for medical emergencies and for facilitating supply of essential goods and services. In the Containment Zones, there shall be intensive contact tracing, house-to-house surveillance, and other clinical interventions, as required.

All vulnerable persons, individuals above 65, persons with comorbidities, pregnant women and children below the age of 10 years are advised to stay at home, except for health and essential purposes.

Karnataka saw 947 new coronavirus cases, including 503 cases from Bengaluru Urban, taking the total number of cases to 15,242. Death toll has jumped to 246 after 20 deaths were reported on Tuesday, according to the data released by Union Health Ministry. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 29,2020

Bengaluru, Mar 29: Seven new COVID-19 cases have been confirmed in Karnataka since Saturday 5 pm to 2 pm on Sunday.

The total number of positive cases in the state stands at 83, out of which five have been cured/discharged and three have lost their lives, according to the Karnataka Health Department.

A total of 979 confirmed cases of COVID-19 have been reported in India, informed the Ministry of Health and Family Welfare on Sunday.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.