Pre-poll gift: Karnataka staff set for 24-30% hike, one more day off

TNN
January 27, 2018

Bengaluru, Jan 27: Come February, government employees in Karnataka are expected to receive a pre-poll bonanza from the Congress-led administration. The state government is likely to announce a 24-30% pay hike for its 6.2 lakh employees and pensioners in the budget, and introduce holidays on alternate Saturdays in government offices.

The decision is a bid to address demands for a five-day week and a pay scale on par with that for central government employees. Currently, state government employees have a six-day week with an additional off every second Saturday of the month. The government will now likely make the fourth Saturday a holiday too, in tune with the schedule for nationalised banks.

"To ensure this does not lead to a decrease in work hours, the government is toying with the idea of extending office hours on the first and third Saturdays," said a senior official of the state department of personnel and administrative services (DPAR).

Responding to demands from employee associations, chief minister Siddaramaiah had, in the last budget, announced a committee headed by retired IAS officer M R Srinivasa Murthy to recommend increase in salaries and pensions. "We are in the process of finalising the report... We will submit it soon since the CM fixed January 31 as the deadline," Murthy said.

While government employees are hoping the CM opts for a hike in the 30-35% slab, sources said the government may go for a 24-30% increase. The move is estimated to cost the exchequer Rs 10,800 crore. At the fag end of the tenure of Karnataka's previous administration, led by BJP, the then chief minister D V Sadananda Gowda had hiked pay by 22%. "We cannot afford to offer anything less than what BJP offered," said a senior state minister, an indication that the new hike would be higher.

Comments

Suresh Kumar
 - 
Saturday, 27 Jan 2018

Fighting for survival-----WIthdrawing all criminal cases against muslims------now pay hike of government employees--------more freebies--------nothing from his pocket all government money----------freebies is nothing but bribe------they don''t have anything to show in terms of development -------compenesating for it

Babu Gowda
 - 
Saturday, 27 Jan 2018

Blanket bribes to the bureaucracy that already is used to taking bribes for decades! Typical elitist Congress politics to retain their strangle hold by paying the least deserving with money looted from the most deserving.

Ravi
 - 
Saturday, 27 Jan 2018

Congress Governments are habitual offenders - when they know they are not coming back to power, they destroy the financial conditions so that the next government is unable to deliver. MODI & Vajpayee has to face the same in center, and all state governments that changed over to BJP from congress have to undergo the same torture.

Unknown
 - 
Saturday, 27 Jan 2018

Shameless siddu and media. These people blamed Jayalalitha while she was giving "pre-poll gifts"

Naveen Poojary
 - 
Saturday, 27 Jan 2018

Govt making them again and again laziest people. Now they are getting good salary+incentives. And for winning in poll, given again

Sangeeth
 - 
Saturday, 27 Jan 2018

Suppose, it was given by BJP govt then CD will report it as bribe. #StopDoubleStandard

Yogesh
 - 
Saturday, 27 Jan 2018

This is not gift. This is bribe for electing him again. Shame on you Siddu

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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News Network
June 11,2020

Mangaluru, Jun 11: City police on Thursday filed a 700-page chargesheet in connection with the arrest of Aditya Rao, 36, accused of planting an IED at Mangaluru International Airport on January 20.

The chargesheet said the bag placed near MIA entrance had a real bomb, as per the FSL report. The IED in the tin box was made of sulphur, ammonium nitrate, potassium chlorate and charcoal.

Rao, an engineer, who learnt bomb-making through online videos, had also placed a timer along with it and sharp objects such as nails and metals. However, he had not fixed wires to trigger a blast. “His intention was not to cause a blast but only to create a scare,” said sources.

The bomb was made in less than two weeks. However, it had taken Rao several days to procure raw materials. Police had completed the chargesheet process in April.

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News Network
March 12,2020

Hassan, Mar 13: In what could have been a major tragedy, an under construction flyover across Hassan-Mangaluru railway level crossing, near the new KSRTC Bus stand here collapsed today.

Fortunately no casualties occurred despite six concrete beems of 50 feet height, collapsed and broke into pieces.

The much awaited project was completely neglected by the successive governments for over a decade due to politics.  It was sanctioned eight months ago.

The Rs 42 crore project was taken up by a joint venture between state, center and South Eastern railway. The contractor or the Engineer were not present when the incident occurred.

Blaming the contractor, the locals alleged that poor quality of work led to the incident. No contractor or engineer was present even during construction, they added. Siddaiah, who runs an eatery near KSRTC bus stand said that it could have been a major tragedy if people were underneath the flyover when it crashed. The incident should be probe and the contractor should be punished, he added.

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