‘Modi wave’ sweeping Karnataka, says Yeddyurappa

Agencies
April 30, 2018

Bengaluru, Apr 30: Riding a ‘Modi wave’, the BJP will form the next government in Karnataka with absolute majority, its chief ministerial candidate B S Yeddyurappa said on Monday, and ruled out a post-poll alliance with the JD(S) “as of now”.

Pollsters have predicted a hung Assembly in Karnataka, with neither the ruling Congress nor the BJP attaining a majority. They have said the JD(S), of former prime minister H D Deve Gowda, would emerge as the kingmaker.

Yeddyurappa, a Lingayat strongman who had supported the demand for religious minority status for the community when he headed the Karnataka Janata Paksha (KJP) that he had formed after breaking away from BJP, said the issue would not hurt the electoral prospects of the saffron party and instead “backfire” on the ruling Congress.

The state BJP chief also said the saffron party was campaigning as a “united force” to achieve the mission of winning 150 seats in the May 12 Assembly polls.

“The Lingayat issue is not going to affect us. This will backfire on Congress,” Yeddyurappa told PTI in an interview.

The Siddaramaiah government had recently recommended to the Centre religious minority status for Lingayats and its sub-caste Veerashaiva Lingayats, in an apparent move to cut into the solid vote base of the BJP which has traditionally backed the party.

The Lingayats, who account for about 17 per cent of the state’s population, have a large presence in north and central Karnataka, especially in Shivamogga, Davanagere and Chitradurga, where their votes can be critical to the electoral outcome.

The BJP has reacted cautiously to the contentious issue, while the Congress, unsure of the consequences it may have for the party in the elections, has also kept it on the back burner.

The 75-year-old Yeddyurappa, who has won seven times from Shikaripura, said he would triumph with a huge margin from his home seat, as the Lingayats would not let him down.

He rejected the Congress’ allegation that the BJP was stoking caste and communal sentiments to win the elections. “Not at all,” he said.

“Had the Congress been secular, Chief Minister Siddaramaiah would not have been contesting from a second place, Badami, a constituency with a sizeable population of Kuruba,” he said. Siddaramaiah hails from the Kuruba community.

Siddaramaiah is “scared” of losing his traditional Chamundeshwari seat, from where he has won five times since 1983, he added.

The BJP has fielded its resourceful Ballari MP B Sriramulu against Siddaramaiah in Badami in North Karnataka.

“We are confident that Sriramulu will win that seat,” Yeddyurappa said.

Asked if the BJP’s alleged “communal politics” would work for it in coastal Karnataka, Yeddyurappa said, “There is no such thing out there. Congress is spreading lies. There is only Modi wave and we are going to sweep not only the coastal region but the entire state.”

He said the party would secure a majority and form the government. “There is no question of post-poll alliance with JD(S) as of now,” Yeddyurappa said.

JD(S)’s chief ministerial nominee H D Kumaraswamy, a son of Dewe Gowda, had told PTI yesterday that he would emerge as the “king” and not a “kingmaker” after the elections.

The JD(S) and BJP had cobbled together a coalition and formed the government headed by Kumaraswamy in 2006.

It collapsed in October 2007, after the JD(S) backtracked on its promise and refused to hand over the reins of power to Yeddyurappa under the agreement the two parties had entered into over rotational chief ministership.

This paved the way for polls which saw the saffron party form its first government in the south in 2008.

Replying to a query on whether Siddaramaiah’s repeated reference to his incarceration for alleged corruption at election meetings was harming his image, Yeddyurappa said, “He is confusing and misleading public because all corruption charges against me have been set aside by the court.”

Yeddyurappa was the first chief minister of Karnataka to have been jailed over allegations of corruption, and had spent 25 days behind bars.

Karnataka will go to polls on May 12 to elect the 224- member assembly. The results will be declared on May 15.

Comments

Hasan
 - 
Tuesday, 1 May 2018

Modi Wave is sweeping under carpet in Karnataka

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News Network
February 17,2020

Abu Dhabi, Feb 17: NMC Health Plc, a hospital operator targeted by short-seller Muddy Waters, said founder Bavaguthu Raghuram Shetty resigned amid investor concern he faced a margin call and misrepresented his stake.

The board asked for Co-Chairman Shetty’s resignation and it takes effect immediately, according to a person with knowledge of the situation. NMC has lost four board members since Friday, including Vice Chairman Khaleefa Butti, whose holdings are also being probed. The stock, the worst performer on the FTSE-100 Index this year, fell as much as 9.2 percent Monday morning and then rebounded.

“The resignation of senior board members should be viewed positively,” said Abdulla Nahlawi, an analyst at Rasmala Investment Bank in Dubai. “The credibility of the current board has been jeopardized with the unfolding of the recent events.”

NMC shares lost almost half their value the first week of February on speculation the company’s main investors faced a margin call, in which banks seize shares pledged as collateral. NMC said Friday that First Abu Dhabi Bank and Al Salam Bank Bahrain obtained 20 million shares in the company from BRS International Holding, an investment vehicle of NMC’s top shareholders. The banks sold more than 8 million of those shares as “enforcement of security,” NMC said.

NMC operates the largest medical network in the United Arab Emirates and in 2012 became the first Abu Dhabi company to list in London. The shares started teetering in mid-December when Muddy Waters alleged that NMC manipulated its balance sheet and inflated the prices of companies it acquired.

Shetty, 77, was born in India and founded NMC in the 1970s after moving to Abu Dhabi. His spokesman said a legal review of the situation is ongoing and declined further comment.

Chief Investment Officer Hani Buttikhi and board member Abdulrahman Basaddiq also stepped down because they were appointees of Shetty and Butti, NMC said, adding that they had no knowledge of the share transfers.

Questions remain over the role of Shetty’s family at the company. His wife and son-in-law both hold roles in senior management.

Almost 10 per cent of NMC’s freely traded shares are shorted, according to Markit Securities data. In mid-December about a third of them were.

Last week GKSD Investment, an investment company backed by hospital investors, said it’s studying a possible offer for NMC. Under U.K. takeover rules, it has until March 9 to make a bid.

NMC has said Muddy Waters’s claims are false and the company hired former FBI Director Louis Freeh to conduct an independent review. The review is due to be completed before the company issues its financial results in March, the person said.

NMC said Mark Tompkins will continue as the company’s sole chairman.

Comments

sunita kejriwal
 - 
Monday, 17 Feb 2020

BRS could not fool all the people all the time!

 

Bhakth
 - 
Monday, 17 Feb 2020

Illegal way of earning will not last for long. 

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News Network
April 28,2020

Bengaluru, Apr 28: Former Chief Minister Siddaramaiah on Tuesday demanded that the Karnataka government announce a "special package" for unorganised sector workers, street vendors and autorickshaw drivers, among others, all daily wagers whose lives are affected by the COVID-19 lockdown. "..a special package needs to be announced to this section of people, this is the demand," Siddaramaiah, who is also Leader of the Opposition in the state assembly, told reporters here.

Alleging that the government has failed to control the spread of coronavirus, he said it is the government's responsibility to take care of the basic needs of those from the unorganised sector, whose lives have been impacted by the lockdown. "It is the duty of the government and they should do it immediately. The package should also be announced. I will hold discussions with leaders of other opposition parties like JD(S), CPI, CPI(M) and BSP in this regard and also on trouble faced by farmers," he added. Alleging discrimination in supply of food packets and ration kits, Siddaramaiah said it was being supplied properly only in constituencies represented by BJP legislators.

"Politics is being played out in supply of food materials to the needy, keeping corporation elections in mind.... We don't want to do politics at this point in time as there is lockdown. If things continue to be the same after the lockdown ends, we will protest on the streets," he said.

Siddaramaiah on Tuesday interacted with representatives of auto rickshaw and cab drivers, street vendors, barbers, unorganised workers organisations, among others, to understand the difficulties faced by them during the lockdown and to know whether help from the government has reached them. He said most of them don't have work and it has become difficult for them to lead their normal lives.

They raised several issues like auto and cab drivers being unable to pay road tax and EMI, he said, adding that he would write a detailed letter to the Chief Minister in this regard The former Chief Minister pointed out that there is about 21 lakh registered organised workers, 1.32 crore lakh unorganised workers and also agriculture labourers in the state.

"Among organised workers only 12.5 of the 21 lakh are said to be getting Rs 2000, that too from the Employees Welfare Fund, while others could not get any money, citing reasons like they have not renewed it," he said.

On the other hand, unorganised sector workers don't get money and were also not getting proper food or ration kits, he alleged Though the labour department claimed that it was supplying one lakh food packets and 1.5 lakh ration kits, as also corporations, there were leakages and it was not reaching the beneficiaries properly, he said.

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coastaldigest.com news network
May 18,2020

Mangaluru, May 18: The coastal city of Mangaluru and other parts of twin districts of Dakshina Kannada and Udupi are receiving heavy rain coupled with lightning and thunder.

The rain, which started in the wee hours, continued to lash for hours. It brought much relief from the sweltering heat.

Waterlogged roads in different parts of Mangaluru cause inconvenience to motorists. The clouds were so dark that the drivers were forced to switch on the headlights while driving vehicles in the morning.

The IMD has predicted heavy rain in the coastal Karnataka for next two days.

Lighting claims a life

Meanwhile, a youth died after lightning struck him at Paduyenagudde in Katpadi of Udupi district on Sunday late night. The deceased was identified as Bharat. Though he was rushed to the hospital, he failed to respond to the treatment.

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