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Welcome to No.1 state. Now, find time to resolve Mahadayi row: Karnataka CM to PM

News Network
February 4, 2018

Bengaluru, Feb 4: Hours before Prime Minister Narendra Modi's public rally in Bengaluru, Karnataka Chief Minister Siddaramaiah on Sunday asked him to "find time" to resolve the inter-state Mahadayi River water row with neighbouring Goa. Claiming that Karnataka is the number one state in investment and innovation, and highlighting Bengaluru as a start up and innovation hub, Siddaramaiah boasted about having scripted several national firsts across key sectors through a unique model of development.

"I welcome PM @narendramodi to Namma Karnataka - the no.1 state in investments, innovation & progressive policies.. Through a unique model of development, we have scripted several national firsts across key sectors," Siddaramaiah said in a tweet.

"I am confident that Karnataka's success makes India proud," he said. "@narendramodi, I am glad you are making time to visit the country's startup & innovation hub, Namma Bengaluru today..On behalf of my people, I urge you to find the time for Karnataka's drinking water needs & help us resolve the #Mahadayi dispute #NammaKarnatakaFirst," he said in another tweet.

Responding to Chief Minister's tweets, state BJP Chief B S Yeddyurappa alleged that Karnataka has scripted several firsts like corruption, farmers suicide and collapse of law and order under Siddaramaiah's regime. "Thanks for the welcome CM @siddaramaiah avare! Yes. Karnataka indeed has scripted several firsts - No.1 Corrupt State, 3,500+ farmer suicides, the collapse of law & order, mysterious deaths of officers, transfers of honest officials, crumbling infra of Bengaluru. #KarnatakaTrustsModi," he said in a tweet.

Karnataka has for long been demanding Prime Minister's intervention in resolving the interstate Mahadayi river water sharing dispute by calling a meeting of chief ministers of riparian states that includes Goa and Maharashtra. Various Kannada organisations and farmers groups have called for "black day" today alleging that the prime minister was not heeding to their demand. Recently 'Kannada Okkuta,' an umbrella organisation of various pro-Kannada organisation along with farmers' groups, had called for dawn-to-dusk Karnataka bandh on January 25, demanding the prime minister's intervention. Their plans earlier to observe bandh today also, on the day of prime minister's visit had failed with the Karnataka High Court on Friday issuing the stay on the shut down after terming it as "unconstitutional".

Karnataka, which has locked horns with neighbouring Goa on sharing Mahadayi River water, is seeking the release of 7.56 tmcft water for the Kalasa-Banduri Nala project. The project is being undertaken to improve drinking water supply to the twin cities of Hubballi-Dharwad and districts of Belagavi and Gadag.

It involves building barrages across Kalasa and Banduri, tributaries of Mahadayi River, to divert 7.56 tmc ft water to Malaprabha which meets drinking water needs of the region. Attempts have been made by Karnataka to amicably solve the issue that is also pending before the Mahadayi Water Disputes Tribunal.

Comments

Mohammed
 - 
Monday, 5 Feb 2018

Yes CM sir, We are proud of you. You have lots to Karnataka. But Media is not focusing on your work, its very sad. We wud expect you to do more for kannadigas. Also please request you to cancel all TOLL-roads in Karnataka. We are already paying huge vehicle tax.  Hope you release a good budget & dont make us sad like our Laywer-FM.....

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News Network
April 26,2020

Mangaluru, Apr 26: After directions from Karnataka government, migrant labourers are being sent to their native villages in batches by hiring as many as 60 buses.

Divisional Controller of Mangaluru KSRTC Division S N Arun said on Sunday that 100 buses from Mangaluru and Puttur ferried stranded labourers on Saturday. Buses were disinfected before the journey.

Buses also left from Dharmasthala, Bantwal, Puttur and Sullia to different destinations. In adherence to social distancing rules, each bus left with 20 to 22 labourers.

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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
July 5,2020

Bengaluru, Jul 5: A total number of 32 SSLC students, who took exams between June 25 and July 3 have tested positive for the coronavirus.

Eighty other students are in home quarantine. As per a press release from the Karnataka government here as of July 3, more than 7.60 lakh students wrote the exam, with 14,745 absentees. The report from the government stated that 3,911 students did not attend the exams as they were in a containment zone. A total of 863 students had not attended the exams as they were unwell.

Last week, a Class 10 student from Hassan had tested coronavirus positive. The student reportedly wrote an exam on June 25, despite having taken the coronavirus test. His positive result reportedly came shortly after he finished writing the exam.

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