Siddaramaiah accuses Modi govt of misusing I-T department in poll-bound Karnataka

News Network
April 24, 2018

Bengaluru, Apr 24: Chief Minister Siddaramaiah on Tuesday accused the Prime Minister Narendra Modi led NDA Government at the Centre of misusing the income tax department to scare Congress leaders in poll-bound Karnataka.

He was reacting to reports of I-T raids on various contractors across Karnataka on Tuesday. Rumours were doing rounds that PWD minister HC Mahadevappa’s house also was raided. However, Mahadevappa, as well as the I-T department, denied that any raids were underway at properties of the Minister.

Speaking to reporters before leaving for Badami to file his nomination papers, Siddaramaiah said, "It is very unfortunate that the Union Government is misusing a vital department to disturb Congress leaders. IT department raid on HC Mahadevappa's residence in Mysuru is politically motivated," he said.

He also asked why the department had not raided residences of opposition leaders Jagadish Shettar or BJP Chief BS Yeddyurappa. "Why are only Congress leaders being targetted. These tactics will not scare us," he said.

Also Read: Amidst poll-preparations, IT raids several contractors across Karnataka

Comments

Shahir
 - 
Tuesday, 24 Apr 2018

Soon Feku will conquer EC also.

Danish
 - 
Tuesday, 24 Apr 2018

NIA, I-T dpt are completely under control of Modi. Those act like slaves

Mohan
 - 
Tuesday, 24 Apr 2018

True. IT raided cong contestant's house soon after he got the ticket

Hari
 - 
Tuesday, 24 Apr 2018

feku govt targeting only cong contestants

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News Network
April 20,2020

Karanataka, Apr 20: Chief Minister of Karnataka BS Yediyurappa launched an online crash course programme 'GetCETGo', here on Monday.

GetCETGo is the state government's free online crash course programme to help all students of Karnataka prepare for Common Entrance Test (CET) and National Eligibility-cum-Entrance Test (NEET).

The programme was launched by the state government amid the disruption in education sector caused due to the nationwide COVID-19 lockdown.

Students can access the content through the web portal and the Android Application that has been developed by Sinchu Infotech and Deeksha Online.

They can also avail comprehensive study material with practice questions, chapter-wise tests, revision videos and mock tests.

According to the state government, this programme will benefit around 1,94,000 students.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
April 29,2020

Bengaluru, Apr 29: The Karnataka police department has decided not to deploy its personnel aged above 55 as frontliners in Covid-19 related duty.

According to order issued here on Wednesday by Director General of Police Praveen Sood, it was a precautionary measure as the elderly was more susceptible to the risk of infection.

Apart from this, the order also states that any police personnel suffering from diabetes, hypertension, asthma, kidney, liver-related problems and cardiovascular disease must also be kept away from Coronavirus duty. The policemen can be deployed for station duty.

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