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Tie-up with JDS in LS polls destroyed Cong in Karnataka, says M A Gafoor

coastaldigest.com web desk
May 24, 2019

Udupi, May 24: The poor performance of the Congress in the 2019 Lok Sabha elections in Karnataka is solely owing to its tie-up with the Janata Dal (Secular), according to M.A. Gafoor, secretary of Karnataka Pradesh Congress Committee (KPCC).

Speaking to presspersons at the media centre, Mr. Gafoor said that the Congress workers had opposed such a tie-up. They had even suggested that both the Congress and JD(S) could put up their candidates in all the parliamentary constituencies and there could be a “friendly fight.” But the tie-up and then the Congress giving up the seats where it had a strong presence was a wrong strategy, he said.

“But we accept the verdict of the people with all humility. We had not anticipated such a big win by the BJP. We congratulate the BJP for its victory,” he said.

Mr. Gafoor said that the Congress will introspect on the parliamentary results in the State. “We will see where we were weak and try to strengthen our party,” he said.

To a query, Mr. Gafoor said that while he was against the Congress-JD(S) tie-up, he was not against the coalition government led by Chief Minister H.D. Kumaraswamy. “Let the coalition government continue,” he said.

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News Network
May 17,2020

Mangaluru, May 17: A team of staff and students from the Department of Electrical and Electronics Engineering, NMAM Institute of Technology, Nitte, have designed and developed a simple and cost-effective touch-less hand sanitiser dispenser kit at Research and Innovation Centre, Nitte.

According to a release here on Sunday, NITTE said that the most effective medicine for Covid-19 is social distancing, frequent use of sanitiser, and washing hands regularly. In work areas, many people sharing common sanitiser might lead to issues.

The developed product dispenses sanitiser upon sensing the presence of the hand. The product has features like automatic hand detection, indication for power, and sanitiser quantity in the system.

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coastaldigest.com news network
June 18,2020

Mangaluru Jun 18: Dakshina Kannada on Thursday, June 18, reported 23 fresh covid-19 cases, taking the total number of the cases detected in the district to 401.  

Among the 23 corona-positive patients, there are 21 males and two females. 

21 are Saudi returnees, while the other two have contracted infection from P-6618.

No cases were reported in Udupi district on Thursday.

The total number of cases in Udupi is 1,039, with only 92 cases being currently active. As many as 946 patients including 38 on Thursday who recovered have been discharged from hospital.

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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