AP plunges into crisis as three ministers, 36 MLAs resign

August 2, 2013

36_MLAs_resign

Hyderabad/ New Delhi, Aug 2: Two days after the UPA-Cong nod for formation of separate Telangana state, Andhra Pradesh plunged into a political crisis with a spate of resignations by elected representatives of Rayalaseema and coastal Andhra regions, including three ministers.

After hours of discussions at Chief Minister Kiran Kumar Reddy’s camp office, three Seemandhra ministers T G Venkatesh, Erasu Pratap Reddy and Ganta Srinivasa Rao submitted their resignations to their cabinet posts to the CM.

Twenty MLAs and 9 MLCs from ruling Congress and 16 MLAs from Opposition TDP also faxed their resignation letters to oppose bifurcation of the state even as mass protests rocked Rayalaseema and coastal Andhra, jointly referred to as Seemandhra.

Meanwhile in Delhi, at least three MPs from Seemandhra region were on the verge of quitting their Parliament seats.

Six members of Parliament -- Lagadapati Rajagopal, K Bapiraju, A Sai Prathap, V Arun Kumar, Anantrami Reddy and G V Harsha Kumar met late night to deliberate on the future course of action. Sources said that Rajagopal, Prathap and Reddy were on the verge of quitting. Rajagopal said the MPs would meet tomorrow forenoon to pursue the matter.

Union Ministers J D Seelam, D Purandeshwari, Killi Kruparani and M M Pallam Raju were also at the meeting AICC secretary RC Khuntia has been despatched by the Congress high command to broker peace with the agitating MPs.

A key demand of the Seemandhra leaders is that they want Hyderabad to be made a Union Territory or be made a permanent joint capital of Telangana and the residual state of Andhra Pradesh.

The group is also learnt to have made a demand to merge two districts of Anantpur and Kurnool of Rayalaseema region with Telangana.

Of the AP?MLAs who quit, K Sudhakar, Ugranarsimha Reddy, Muralikrishna, Daggubati, J C Diwakar Reddy, Adinarayana Reddy, Kamalamma and Anam Ramanarayana Reddy submitted their resignation letters to Speaker Malladi Vishnu, Usharani, Nageswar Rao, Venkat Reddy, Venkataramaiah, Kethireddy, Vellampalli Srinivas, Kothapalli, Kannababu and Vanga Geetha gave their resignations to APCC chief Botsa Satyanarayana.

MLCs Sudhakar Babu, Rudraraju and Mohammad Jani submitted their resignations to the Speaker, Paladugu, Gade V Naidu and Tippeswamy submitted to APCC chief.

Demanding that the Congress Working Committee (CWC) reverse its decision to divide the state, the Ministers and MLAs from Seemandhra threatened to join the public protests and intensify the movement for the cause of united AP.

“We are not bothered if our resignations lead to imposition of President’s rule on the state,” senior Congress MLA from coastal Andhra region, G Venkat Reddy, said.

“We have realised that our leaders understand our feelings only if there is an agitation. Because we have been peaceful and have not resorted to any agitation, the state has been divided,” former minister J C Diwakar Reddy said after a meeting of legislators from the two regions.

Ministers in dilemma

A delegation of 19 Seemandhra ministers met Chief Minister Kiran Kumar Reddy in the evening to tender resignation letters and made it clear they would not go against the will of the people of their region.

Interestingly, the CM?also hails from Seemandhra and his strong opposition to the state’s bifurcation is well known.

However, he said he would abide by the party high command’s decision.

The Chief Minister and APCC chief along with two AICC observers Tirunavakarasu and Mr Kuntia tried to convince the angry cabinet colleagues not to precipitate the matters by quitting their posts.

However three ministers Raghuveera Reddy, Kanna Laxminarayana and C Ramachandraiah stayed away from meeting CM.

In all, 12 ministers reportedly expressed their desire to quit.

TDP’s loss

Sixteen TDP legislators mostly from Krishna, Guntur and Anantapur districts, resigned despite their party chief Nara Chandrababu Naidu supporting the bifurcation of the state.

Meanwhile, AP NGOs who have organised rallies in the state secretariat for two days, announced that they would go on indefinite strike from August 5.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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News Network
March 27,2020

New Delhi, Mar 27: Prime Minister Narendra Modi on Friday described British premier Boris Johnson as a "fighter" and hoped he recovers from coronavirus infection.

"Dear PM @BorisJohnson, you're a fighter and you will overcome this challenge as well," Modi tweeted.

He said he prays for his good health and extends best wishes in ensuring a healthy UK.

Johnson said on Friday that he has tested positive for coronavirus after experiencing mild symptoms and is now self-isolating at 10 Downing Street in line with the medical advice.

"I am now self-isolating, but I will continue to lead the government's response via video-conference as we fight this virus," he said.

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Kannadiga
 - 
Friday, 27 Mar 2020

Fit for only bogus comments and not  for countrymens welfare. A present we all can see Kerala CMs action and program. Each and every one has to salute him i/o  Taal Bajao foolinesh.

 

 

 

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Agencies
January 11,2020

Those owning a single house in joint names would continue to file their income tax returns (ITRs) in much simpler ITR-1 (Sahaj) and ITR-4 forms (Sugam) for assessment year 2020-21 with the government issuing a clarification in this regard.

The clarification has come days after the government modified the eligibility for filing the returns in ITR-1 and ITR-4, stating that those owning a property jointly, spending Rs 2 lakh on foreign travel and paying electricity bill of Rs 1 lakh in a year would not be able to file returns in the simpler forms.

They would have to file their returns with much more detailed information in other specified forms.

Following the changes in the eligibility for filing returns in the two forms, concerns were raised over it with taxpayers claiming that it will cause huge hardship for them.

"The matter has been examined and it has been decided to allow a person, who jointly owns a single house property, to file his/her return of income in ITR-1 or ITR-4 Form, as may be applicable, if he/she meets the other conditions," a Finance Ministry statement said.

"It has also been decided to allow a person, who is required to file return due to fulfilment of one or more conditions specified in the seventh proviso to section 139(1) of the Act, to file his/her return in ITR-1 Form," it added.

Tax practitioners welcomed the government’s move of going back to the previous position.

"This is a welcome clarification allowing middle class taxpayers owning a single house property to file simpler ITR forms, 1 and 4, and not the detailed ITR forms even if they own house property in joint names," said Shailesh Kumar, Director, Nangia Andersen Consulting.

It may be noted that taxpayers holding multiple house properties would have to file more detailed return forms.

In the major changes notified earlier this month by the Income-Tax department, individual taxpayers were disallowed to file return either in ITR-1 or ITR 4 if he or she was a joint-owner in house property.

In another change, those who deposited more than Rs 1 crore in bank account or spent Rs 2 lakh on foreign travel or paid Rs 1 lakh on electricity bill in a financial year were also barred from using the easy-to-fill return forms.

"By today's clarification, the government has maintained status quo. Now, the taxpayers can continue filing their returns in the same fashion in which they did last year," said Naveen Wadhwa, Deputy General Manager (DGM), Taxmann.

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