Pramod Madhwaraj is 10th richest state minister in India

[email protected] (CD Network)
August 9, 2016

Udupi, Aug 9: Pramod Madhwaraj, the minister for fisheries, sports and youth affairs, Karnataka is the 10th richest state minister in India, according to a report by Association for Democratic Reforms (ADR).

Pramod-Madhwaraj

Mr Madhwaraj, who represents Udupi constituency in Karnataka Legislative Assembly, had entered the state cabinet through a recent cabinet reshuffle.

Son of former MLA Late Malpe Madhwaraj and former minister Manorama Madhwaraj, the Mogaveera community stalwart is the proprietor of Raj fish meal and oil company, Malpe, which is the largest manufacturer of fish meal and fish oil in India.

Mr Madhwaraj is the chairman of Canara Jewel Tex Pvt. Ltd, which runs a large mall of gold and sarees in Udupi district, called The Wedding Palace'. He is the managing partner of Coronet fish products, an exporter of canned fish. He is also the chairman of Malpe Manipal Builders.

Four from Karnataka

Interestingly, four of the country's 10 richest state ministers are from Karnataka, and 97% of this south Indian state's ministers are crorepatis. Energy minister D K Shivakumar is the second richest state minister in the country with assets worth Rs 251crore.
Labour minister Santosh Lad comes in third with assets worth Rs 186 crore. Planning minister M R Seetharam ranks sixth with assets worth Rs 136 crore and Mr Madhwaraj is in 10th place with Rs 105 crore.

Those with high assets have their liabilities too and again, Shivakumar tops this list with liabilities of Rs 105 crore, Seetharam comes in third with Rs 53 crore, Madhwaraj is fourth with Rs 44 crore and water resources minister M B Patil ranked 10th with Rs 19 crore. Patil's assets are worth Rs 40 crore.

Andhra Pradesh minister Ponguru Narayana who is the richest minister with assets worth Rs 441crore and liabilities of Rs 44 crore.

The 'poorest' minister in the country is Samajwadi Party's Tej Narayana from Faizabad constituency in Ayodhya, who has declared assets of just Rs 66,612.

ADR in a statement said it sourced the details from the affidavits filed by ministers at the time of submitting nomination papers to the Election Commission. Declarations of a total of 609 ministers out of 620 have been analysed from 29 state assemblies and two Union Territories by ADR.

Also Read: 

Udupi MLA Pramod Madhwaraj buys Rolls Royce Ghost for Rs 5.8 crore!

34% state ministers in India criminals, 97% ministers in Karnataka crorepatis

Comments

Rikaz
 - 
Wednesday, 10 Aug 2016

These richest should start some kind big industries and provide employment opportunity to all unemployed around that area.

Youth
 - 
Wednesday, 10 Aug 2016

dear all,

I dont know anything about other ministers, But Mr. Pramaod he is a well known person. he thinks about the poor people. you guys might not knowing, how much he donate the money to all kind of activities and for the people. At last he is not even interested in corrupted money. God has given him alloott.. Please think twice to comment if you dont know anything.

HONEST
 - 
Tuesday, 9 Aug 2016

Hope his richness helps the POOR of our society...

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News Network
June 12,2020

Bengaluru, Jun 12: All the four candidates, including former prime minister H D Deve Gowda (JDS), and senior Congress leader Mallikarjna Kharge, on Friday were declared elected unopposed to the Rajya Sabha from Karnataka.

Karnataka Assembly Secretary sources here said that all the four candidates, who were in the fray for as many berths, were elected after the last date of withdrawal of candidature ended on Friday.

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Agencies
February 23,2020

Bengaluru, Feb 23: Bolstered by the Supreme Court's interim nod for the gazette notification of the Mahadayi Water Dispute Tribunal award by the Central government, Karnataka decided to allot funds for the drinking water project in the state's northwest region, an official said on Saturday.

"Funds will be allotted in the state budget for fiscal 2020-21 to complete the Kalasa-Banduri project across the Mahadayi river for supplying drinking water to the four drought-prone northern districts in the state," the official of the water resources department told media on anonymity.

As Chief Minister B.S. Yediyurappa also holds the finance portfolio, he has agreed to allocate funds for the project, held up for years in the legal battle with the neighbouring Goa and Maharashtra over the sharing of the river water among the three coastal states.

Yediyurappa is slated to present the state budget for the ensuing fiscal in the legislative assembly on March 2.

"We will resume the project work once the Centre notifies the award though it will be binding on the final outcome of the apex court's hearing the review petitions of Goa and Maharashtra against the Tribunal award," the official noted.

A division bench of Justice D.Y. Chandrachud and Justice Hemant Gupta on Thursday passed an interim order on the Tribunal award, allowing the central water resources ministry to notify it for implementation and posted the case for final hearing in July.

The Tribunal on August 14, 2018 allocated 13.42 thousand million cubic feet (tmcft) of the river water to the southern state for irrigation and drinking water supply to towns and villages across Bagalkot, Belagavi, Dharwad and Gadag districts, which are in the arid region of the Deccan plateau.

The four districts are about 400-550 km northwest of Bengaluru in the southern state.

Of the 13.42 tmcft water, 5.5 tmcft will be used in the river basin and for diversion into the depleted Malaprabha reservoir while the balance 7.92 tmcft will be utilized for hydel power generation instead of allowing the water to go into the Arabian Sea on the state's west coast through Goa.

Goa, which opposed Karnataka's demand for 36.66 tmcft, was allocated 24 tmcft, while Maharashtra got 1.3 tmcft.

The Tribunal assessed that 188.06 tmc feet water is available at 75 per cent dependability.

The three-member Tribunal is headed by Chairman Justice J.M. Panchal, Justice Viney Mittal and Justice P.S. Naayana.

The Union government had set up the inter-state Tribunal on November 16, 2010 for the djudication of the Mahadayi basin water allocation among the three riparian and contiguous states.

Goa and Maharashtra claimed 122.6 tmc feet and 6.35 tmc feet of the river water respectively.

The Tribunal, which commenced sittings on September 6, 2012, held 1,209 sittings for over 6 years.

Supreme Court senior counsel F.S. Nariman represented the state before the Tribunal to present its case.

The Tribunal's chairman and two members inspected the river basin area across the three coastal states from December 12-24, 2013.

The 77km-long Mahadayi or Mandovi river originates at Bhimgad in the Western Ghats in Belagavi district and flows into the neighbouring Goa through Maharashtra and joins the Arabian Sea off the west coast.

Though the river flows 29 km in Karnataka and 52 km in Goa, its catchment area is spread over 2,032 km in the southern state as against 1,580 km in the western state (Goa).

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News Network
August 6,2020

Bengaluru, Aug 5: A red alert has been issued in several districts in Karnataka due to heavy rainfall in the state since last two-three days, the India Meteorological Department said on Wednesday.

"Red alert has been announced in Udupi, Dakshina Kannada, Uttara Kannada, Chickamagalur, Shivamogga, Kodagu and Hassan, due to heavy rainfall in the region from last two-three days," CS Patil, Director, India Meteorological Department (IMD) Bengaluru said.

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