Modi justifies his policies, says Dharmasthala Heggade proved Digital India is possible

coastaldigest.com news network
October 29, 2017

Mangaluru, Oct 29: Prime Minister Narendra Modi on Sunday launched a veiled but scathing attack on the Congress over alleged corruption in development funds, asking which was the "hand" that reduced every rupee to 15 paise before reaching its beneficiary.

Addressing a public rally in Ujire near Dharmasthala, a temple town in Dakshina Kannada, Modi also took a dig at the opposition for its criticism of demonetisation, saying even parents limit cash given to their children because it spoils them.

Without naming Rajiv Gandhi, Modi recalled that a former Prime Minister had said that from every rupee sanctioned by the government, only 15 paise reached its beneficiary in a village.

"One of the Prime Ministers had said every rupee is reduced to 15 paise when it reaches a village after getting sanctioned from Delhi. Which hand reduces the rupee?" he asked, in a sarcastic reference to the Congress election symbol.

He said this was not the case with his government that was committed to devote every rupee and every resource for the welfare of Indians so that fruits of development reached the beneficiaries without any scope of corruption.

Modi said cash currency had always been changing from stone coins, rubber coins, gold and silver coins in the economic history of the world and now it was the time for digital currency in the world. "India cannot lag behind."

Modi launched the distribution of RuPay Cards for Self-Help Group members and gave the cashless cards to two women enrolled for Pradhan Mantri Jan Dhan Yojana.

He said such self-help groups, who have pledged to conduct their businesses cashlessly, have answered all those who spoke against demonetisation, questioning how was it possible to become cashless in a country where the poor and less literate have no digital connectivity.

"But today, you have answered them. Aren't our women in rural areas educated? Twelve lakh people have pledged to make their businesses cashless. When your intentions are good, even obstacles can speed up your work. You have sown the seeds of digital India, less-cash society. I congratulate you," Modi said.

"People criticized the government's Digital India initiative and said people don't have mobile phones with them. But Dharmasthala’s Veerendra Heggade proved through SKDRDP that it is possible," Modi said.

"Even parents limit cash to their children because they think it will spoil them. That is why self-accountability is very important." He urged people to use Bhim App and embrace cashless transactions in the "era of honesty and integrity" where there "is no place for those who cheat the system". 

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Abdullah
 - 
Monday, 30 Oct 2017

Same Category people.All are Terrorists for common people.

 

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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 6,2020

Mysuru, Feb 6: Karnataka Health Minister B Sriramulu on Thursday said that he would consult experts in Ayurveda and other streams over coronavirus issue.

Speaking to the media here, he said that ''So far no positive case has been reported in the state''.

''However, the Health department officials have taken all precautionary measures to check the epidemic'', he further said.

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News Network
February 18,2020

Bengaluru, Feb 18: Veteran actress Kishori Ballal, 82, best known for playing Kaveri Amma in Ashutosh Gowariker’s Swades, passed away on Tuesday. She was suffering from age-related health issues and breathed her last at a Bengaluru hospital.

Kishori, who hailed from Mangaluru, made her debut in Kannada film 'Evalentha Hendathi' in 1960.

In a career spanning five decades, she went on to act in movies like Hani Hani, Kahi and Suryakanthi. A Bharatnatyam exponent, she was also a part of Hindi films like Lafangey Parindey, Ek Alag Mausam and Gair Kanooni.

Kishori Ballal played the role of Kaveri Amma, the nanny of Shah Rukh Khan (Mohan Bhargav) in Swades.

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