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
March 27,2020

Bengaluru, Mar 27: Oncologist Dr. Vishal Rao, HCG Hospital Bengaluru on Friday said that human body cells release interferon chemical to kill viruses but it cannot be released by cells in the case of COVID-19 cases, leading to weak immune system. However, a therapy of specific concoction could be useful in treating COVID-19 patients.

"We got hold of some preprint suggesting that interferon is effective in COVID19," said Rao.

Speaking to news agency, he continued saying "When we withdraw blood for regular check-ups, we get buffy coat which can be used to take out cells and form interferon. These two chemicals and some other cytokines, in a specific concoction, could be potentially very useful in treating COVID-19 patients."

Rao said that they have built a concoction of cytokines which can be injected to reactivate immune system in COVID-19 patients.

"We are in a very initial stage and hope to be ready with its first set by this weekend. We have applied to the governement for an expedited review. We have also presented this before the state government" said Rao.

"We have a team of infection specialist, ICU team and other...all of us have worked together to build something that we believe. We want to serve the society at this hour of need," he added.

Dr Rao clarified that this is not a vaccine and this particular interferon therapy does not help to prevent the infection of COVID-19. However, this is focused and targeted towards COVID-19 positive patients or those who have just incubated the virus.

"We believe that in early stages as well as the patients who have just incubated, this particular therapy of interferon gama and other concoction of cytokines could be an effective method. In the late stages we are looking at specific dosage of the cells which are our own body cells which can actually be affective and could also be of use for the ventilator patients," he added.

Meanwhile, Dr Gururaj, Immunologist and Scientist told ANI that they are trying to cover two aspects, one is the early stage patients where they are trying to improve their immune systems.

"As Dr Vishal said, we are trying to see whether we can use the cytokines from our own immune cells which is a natural process but it is hampered in infected patients," said Dr Gururaj.

"In the last phase we are using cells which are used from the bone marrow of the patient or donors. We can use those cells to reduce the inflation and so called cytokines release syndrome which is basically the inflammatory response of the body," he added.

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Agencies
February 25,2020

Bengaluru, Feb 25: Opteamix LLC (Opteamix), a digital technology firm, announced today that they have been awarded as a 'Dream Company to Work For' by the World HRD Congress.

Opteamix was ranked 11th in this category which had companies from multiple industries across the globe vying for the title.

In addition to the Dream Company ranking, Opteamix was also recognized for its innovative HR practices and Corporate Social Responsibility practices. The event took place at Taj Land's End in Mumbai on February 16.

Opteamix presented their concept 'Happiness at Work - When Culture drives Performance' that elaborated upon the methodology behind the enhancement of employee happiness.

"We have taken a holistic approach to help our people stay happy at work. While we knew that EQ and IQ were critical to the growth of people, we also believed that it is the Spiritual Quotient (SQ) which our in-house NGO - Right To Live caters to, that helps our people experience next-level career growth," said Varsha Dubey, Lead - Happiness and Learning Activator, while explaining the theory behind the happiness at work during the 30-min presentation before delegates from 65 countries.

"We have empowered our people by equipping them with the right set of tools to help them excel in their performance based on OKR (Objectives and Key Results), CFR (Communication, Feedback, and Review) and Competency Mapping. The optimum blend of these performance management tools has resulted in making a significant impact on the careers of our people and therefore, happy people and 100 per cent innovation and efficiency at work," added Shalu Priya - Director, People Experience.

Now in its 28th year, the World HRD Congress presents awards to organizations that promote innovative human resources practices. The award categories include leadership, talent management, employer branding, training and development, employee engagement, and more.

In the recent past, Opteamix had been recognized for its commitment to employee excellence with numerous awards and recognitions including 'Dream Companies to Work for' in 2017 and 2018.

World HRD Congress is billed as South Asia's largest HR event, featuring an eminent panel on international and local speakers from across public and private sectors.

The conference serves as a platform for the HR fraternity to deliberate on the insights, initiatives and implications of people management practices. The theme this year 'Happiness at work', recognized individuals and companies for their exceptional people management practices.

"We strongly believe in creating a culture of happiness at Opteamix. To us, happiness is as important as revenue and profits. The culture of happiness has been the Opteamix way of life since inception, which has led us to achieve our ultimate goals - higher career growth for all members and richer customer experience," said Raghurama Kote - Founder and COO of Opteamix, on being asked what a happy organization meant to him.

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News Network
March 5,2020

Bengaluru, Mar 5: At 11 am on Friday, Chief Minister BS Yediyurappa will present the State Budget for the 2020-2021 fiscal. Coming at a time when the state is facing financial challenges, the budget is expected to have minor tax shocks for citizens, while making space for big-ticket allocations to the agriculture and water resources ministries. Thursday's budget will be Yediyurappa’s seventh.

“Agriculture is our primary focus. The recent gazette notification of the Mahadayi tribunal order is a welcome move for Karnataka and we will make budgetary allocations for this too,” the CM had said.

The cut back in devolution of funds for Karnataka from the divisible pool, trimming of funds from the Union Government for Centrally-sponsored schemes and tax collections falling short of revenue targets have made matters tough for Yediyurappa. The consolation may be the part payment of one installment of GST compensation from the Centre. The GST compensation, in part for the October-November period, was released to the state in time for tabling of the budget.

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