Veerendra Heggade, Pejawar seer should start projects in North-East: Governor

coastaldigest.com news network
January 3, 2018

Udupi, Jan 3: P B Acharya, Governor of Nagaland, has hailed Vishwesha Tirtha Swami of Paryaya Pejawar Mutt and Dharmasthala Dharmadhakari D Veerendra Heggade as the icons of the country.

He was speaking as the chief guest at a function to felicitate Heggade on his completing 50 years as Dharmadhakari of Sri Kshetra Dharmasthala at Rajangana here. The Rashtra Ratna Prashasti was conferred on Dr Heggade.

The governor also urged the two religious leaders to start their projects in the North-East,” Mr. Acharya said. “Strengthening the eight States of North-East India was the need of the hour. People from the mainland should make an effort to visit these eight States and establish their projects there,” he added.

“The North-East was abundant in natural resources. There were nearly 300 insurgent groups operating in the North-East. These States also had international borders. They either bordered China, Mynamar or Bangladesh. The insurgents did not feel that they were part of the country. Hence, it was up to the people of the mainland to reach out to them,” he said.

In his felicitation speech, the Pejawar seer said that there was no field of welfare which Dr Heggade had not touched. He had made his contribution to several fields, including healthcare, education, Ayurveda, Yoga, and also promoting self-employment. “I hope he will get the Bharat Ratna,” he said.

In his speech, Dr. Heggade said that it was the activities of the Pejawar seer which had inspired him to take up welfare schemes.

Comments

Abdullah
 - 
Wednesday, 3 Jan 2018

If they start the projects in North =East States, Then poor people life will be going to become like a hell.

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News Network
July 16,2020

Byndoor, Jul 16: Byndoor Police Station in Kundapur taluk of Udupi District, has been sealed for the second time in a month, after three personnel including an ASI were tested positive for Covid-19 on Thursday.

All the three including a lady Home Guard have been admitted to the designated Covid Hospital.

Last month the Station was sealed after staff had tested positive.

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News Network
July 27,2020

Bengaluru, Jul 27: Former Karnataka chief minister H D Kumaraswamy on Monday took strong exception to the BJP's celebration over completing one year in office and alleged that people are suffering due to anti-people policies of the state government.

In a tweet on Monday, he said that since the last six months pension due to physically challenged, old age and Widow pensions were not paid. He urged the Government Issue emerge order to release pension amounts immediately. It was shameful on the part of the Government to keep the pension amount being kept pending.

This government has no eyes and ears and claiming only challenging years and transparent government, what examples required for them, he questioned.

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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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