Siddaramaiah invites NRI tycoons in UAE to invest in Karnataka

[email protected] (Shodhan Prasad)
May 2, 2017

Dubai: KNRI Forum-UAE president and chairman of Fortune Group of Hotels, Praveen Kumar Shetty in association with industrialist Ronald Colaco hosted the first ever historical KNRI-UAE Business Meet with Chief Minister of Karnataka Siddaramaiah at Fortune Park Hotel, Dubai Investment Park on Saturday the 29th April, 2017 evening with very many well-known business community Kannadiga invitees along with KNRI-UAE Office bearers which was a successful event hosted with dinner.

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Ronald Olivera as master of ceremony welcomed Siddaramaiah, Ronald Colaco, Praveen Shetty and all the dignified members of KNRI Business Executives to the business meet and elaborated on the event. CM was honoured with flower bouquet by Praveen Shetty and later other distinguished guests, Dr. Arathi Krishna, the Vice President of NRI Forum Govt. of Karnataka, Shri. Govindaraju, Ex-MLA Shri. H. Srinivas, MLA Moideen Bava and other dignitaries were welcomed with flower bouquet. Philanthropist Ronald Colaco was also later welcomed with flower bouquet by Praveen Shetty.

Siddaramaiah later inaugurated the event with the traditional lighting of the lamp along with Ronald Colaco & Praveen Shetty.

Praveen Shetty rendered the welcome speech and thanked all those who have wholeheartedly come to the event and also mentioned special thanks to the CM for accepting his invitation. He also thanked Ronald Colaco for supporting him in this historical event.

Ronald Colaco beautifully introduced Siddaramaiah with step by step chronological narration of a humble person’s true story from his early days to the current position how he ambitiously surpassed with double jump in his career all through and became a leader of the Kannadigas. He then said that he is proud to say that CM Siddramaiah is closely known to him all these years and respected him as a true leader.

The evening continued with introduction of all those invited Kannadiga NRI business community people who one by one introduced themselves to the audience as well as CM who was carefully listening all through.

CM later thanked Praveen Shetty for hosting such an event and thanked all those Kannadiga NRI business people for attending such an event. He then repeated some of his briefings of the previous day’s KNRI-UAE inauguration speech and said that it may educate those who have not attended the historical event. He requoted the words of the famous Kannada poet Kuvempu “Wherever you live, however you live be a Kannadiga anytime – Yelladuru iru, Yenthadaru iru, Yendendigu nee Kannada Vagiru “.

While briefing that Karnataka now has become No. 1 investment friendly state for Indians and also No. 2 as investors friendly state for foreign direct investments, he promised full cooperation and support with legal assistance to all those investors in their ventures in Karnataka.

While welcoming new investors he said that Karnataka government has started the Pravasi Bharatiya Conference which identifies the ‘Varshada Kannadiga’ and honours the identified business man of the year with the award every year.

He also briefed on the NRI Forum, Karnataka’s slogan ‘One State – Many Opportunities’ and said that Karnataka is the IT hub of the world with the state contributing over 40% of the IT Exports of India. He added that the GDP of the state grew at 5.3% v/s 5% of the India GDP and Karnataka is the ideal location for Hi-tech industries like Aerospace, Automobiles, IT & BT. He proudly stated that Bangalore is the Silicon Valley of India and Karnataka is the knowledge hub of Asia. The pamphlet distributed by the NRI Forum Karnataka states that Karnataka ranks 5th in India for growing vegetable crops, it is the largest producer of Floriculture, Spices, Aromatic and Medical Crops & Fruits, is producing 70% of India’s Coffee, 3rd state in India’s Sugar production and major scope for Agri-exports, Animal husbandry, Poultry, Milk & Fisheries in record.

Followed was question answer cession wherein some of the NRI Kannadigas who raised some valuable questions while CM responded politely with acceptance. Hafiz Saifulla, CEO of Zhumino Group of Companies highlighted on the vegetable exports from India which is banned due to the poor methodology. He said that we should work on providing Indian farmers with value added solutions so that our Products will have a high importance while on export market comparing the situations of those exports from other friendly states. He stressed that Karnataka should follow the methodology of Europe and set standards for Karnataka based perishable products. CM answering to his question invited him to raise this issue directly to him so that he will work on real solutions to this issue.

There were various other questions including providing spaces in some of the Industrial Zones and/or granting special zones for KNRI’s in those specified zones. Dr. Kaup, one of the respected member also stressed on giving permission for the foreign Educational Institutes and Universities to open up in Karnataka so that our own Kannadiga students will get some attractive opportunities to opt their higher studies in Karnataka instead of going to Europe.

CM shared and responded that there is a link created by the government for all the queries one may have and NRI Kannadigas can any time log in to it to know better Karnataka. He confirmed that his government is looking into all the grievances of Kannadigas worldwide and will be more than happy to address each and every issue one may have. While taking it forward into a complaint free state of India, he assured all assistance to the really required Indian Kannadigas in whatever issues they may have in the development of the Karnataka State.

Ronald Olivera concluded the evening with vote of thanks which was followed by sumptuous classic dinner hosted by Fortune Group of Hotels. Broadway Events headed by Joel Crasta supported both the KNRI-UAE main event & the Business Dinner event with sound, light and photographs professionally.

Also Read: CM inaugurates Karnataka NRI Forum-UAE; hails initiative of Kannadigas

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News Network
February 28,2020

Mangaluru, Feb 28: BJP Corporator in Mangaluru's ward number 46 (Cantonment), Divakar, has been elected as the Mayor of the city on Friday. While Janaki aka Vedavathi, Corporator of ward number 9 (Kulai), has been elected as the Deputy Mayor.

Divakar secured 46 votes including that of MLAs D Vedavyasa Kamath and Dr Y Bharath Shetty.

Regional Commissioner V Yashwanth conducted the election at the Council Hall of Mangaluru City Corporation (MCC).

Two nominations were filed for the post of Mayor. Congress had fielded Keshav, representing ward 37 (Maroli) for the post of Mayor. Keshav secured 15 votes including that of MLC Ivan D'Souza.

Congress had fielded Zeenath Samshuddin of ward number 44 (Bunder) for the post of Deputy Mayor and secured 17 votes.

Two Social Democratic Party of India (SDPI) corporators remained neutral for the post of Mayor while they supported the candidature of Zeenath Samshuddin of Congress for the Deputy Mayor post. Janaki aka Vedavathi of the BJP secured 46 votes.

The BJP had swept the elections to the 60-member council held on November 12 by winning 44 wards, while the Congress won 14 wards. Social Democratic Party of India won two seats.

Election to the post of Mayor and Deputy Mayor was conducted as per the reservation roaster for the 21st term dated September 3, 2018. Accordingly, the Mayor's post was reserved for candidate from BCM ‘A’ category while that of Deputy Mayor for woman general.

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News Network
April 1,2020

Bengaluru, Apr 1: The price of petrol and diesel will go up by Rs 1.60 and Rs 1.59 per litre, respectively, from Wednesday. This is in line with Chief Minister B S Yediyurappa’s decision to hike the rate of tax on petrol from 32% to 35% and diesel from 21% to 24%.

He had announced this in his March 5 Budget for 2020-21 fiscal. At present, a litre of petrol costs Rs 71.97 and diesel Rs 64.41 in Bengaluru.

The government decided to roll out the hike from Tuesday midnight going into Wednesday, April 1, after briefly considering a postponement in view of the COVID-19 crisis. 

Finance Secretary (Budget & Resources) Ekroop Caur confirmed to DH that the hike will be rolled out. 

The 3% hike on fuel tax was a key resource mobilisation measure that Yediyurappa announced in his Budget. The hike is expected to fetch the government Rs 1,500 crore. 

Yediyurappa had also announced a 6% additional excise duty on Indian Made Liquor (IML), which could help the government mop up Rs 1,200 crore. However, the sale of liquor has been prohibited during the lockdown period. Plus, hiking fuel prices during the lockdown will not hit citizens very hard. 

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News Network
August 3,2020

Bengaluru, Aug 3: Karnataka Pradesh Congress Committee working president Satish Jarakiholi on Sunday said that as per the party sources, state chief minister BS Yediyurappa has got only six months' time and there are different teams working against Yediyurappa in their party.

The BJP high command has decided to bring down Yediyurappa, Jarakhioli said. He added, "Yediyurappa had asked BJP high command to appoint him Chief Minister for six months and due to corona, his period has been extended. But now their own party sources have revealed that he has got only another six months."

While addressing the issue of different statements by BJP leaders and ministership aspirants after five MLCs were nominated, Jarakiholi said "Yediyurappa followers are not actual followers. BJP high command has already decided to bring down Yediyurappa as per their own party sources."

While speaking to reporters in Bengaluru, he said there are teams formed in the names of deputy CMs and there are many who are working in their party against Yediyurappa.

He also said that it's up to their party what they think about Yediyurappa's tenure, whether they keep him as CM or remove him. Being in Opposition, now Congress is only working on strengthening the party, he said.

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