Will ensure that BJP wins all 28 seats of Karnataka in 2019 Lok Sabha polls: BSY

Agencies
May 19, 2018

Bengaluru, May 19: In an emotional speech before stepping down as chief minister, BS Yeddyurappa on Saturday accused the Congress-JD(S) combine of forming an 'opportunistic' alliance and said the popular mandate had been subverted due to their 'conspiracy.'

Yeddyurappa,who announced his decision without facing the trust vote after not being able to rustle up the numbers, charged that the JD(S)-combine had kept the MLAs in captivity.

"You kept MLAs in captivity. The situation of those MLAs was so pitiable that they could not speak to their families on phone," he said in his speech after moving the motion of confidence to face the trial of strength.

Taunting Congress and JD(S), a glum looking Yeddyurappa said "today the family members may be a bit happy as they are seeing them (MLAs)."

Yeddyurappa admitted he had expected opposition MLAs to cross vote. To realize the public mandate and with development in mind, he said he asked members for the vote of conscience.

"It is true that I had spoken to a few of them (in the opposition)," Yeddyurppa said.

Stating that BJP believes in the democratic system, he said he had expected MLAs 'on the other side' would understand that in today's political situation, things would change if his government came to power, when the Narendra Modi government is at the Centre. "Some people had agreed to cooperate," he said.

He however added, "who am I to question in politics? Expectation is different, there may be differences."

Governor Vajubhai Vala had given a 15-day window to Yeddyurappa, but it was truncated by the Supreme Court, which ordered that the floor test be held within a day itself.

Yeddyurappa said the Congress did not get people's mandate, nor did the JD(S).

He said those who traded charges and counter charges, after being defeated in the hustings, were indulging in 'opportunistic politics' against the people's mandate and had come to an understanding.

The governor had invited the BJP as it had emerged as the single largest party, Yeddyurappa said.

"I feel today it is like agni pareekshe (trial by fire). It is not the first time. All my life it has been agni pareekshe," he said, tracing the journey of the BJP when it had only two members and the present state it had reached.

"If people of the state had thought for a second and had given us 113 seats, the picture of this state would have changed, and the picture of development would have changed. But God's will was different" he said on a philosphical note.

Assuring people that 'till his last breath' he will travel across Karnataka, BSY said he would explain the developments and ensure that the party wins all 28 seats of the state in the Lok Sabha elections next year and "give it as a gift to Prime Minister Narendra Modi."

To Kumaraswamy, he said "I have come through struggle. Someone said if you don't give me power I will end my life ... I won't say that. Whether I get power or not, I will give my life for the people."

Yeddyurappa said he is indebted to people who have shown him love. "Due to our Congress's friends conspiracy, the public mandate and democratic system has been subverted," he said.

"In the wake of this, I'm not pressing this motion of confidence, and I will resign. I will go to people against this politics of anti democracy and seek justice. I will directly go to the governor and submit my resignation as chief minister," he said.

Comments

Wellwisher
 - 
Sunday, 20 May 2018

Sir if you and your party gaints are with full confidence then remove the EVM system support to implement BALLOT voting system. 

 

If the 2019 election by EVM then now it self declare BJP ha' winning party and stop fooling.

abdul
 - 
Sunday, 20 May 2018

BJP can win even in PAKISTAN with EVM machine dont wory .. Chaddi - urappa 

Mohammed
 - 
Sunday, 20 May 2018

YES, BY TAMPERING EVM FOR SURE

Mr Frank
 - 
Sunday, 20 May 2018

IT IS SURE YOU WILL GET ALL 28 SEAT ONLY BY HELP OF EVM MACHINE.NINNA MONEG........

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News Network
January 22,2020

New Delhi, Jan 22: Delhi Chief Minister Arvind Kejriwal has assets worth Rs 3.4 crore, an increase of Rs 1.3 crore from 2015, according to his election affidavit.

Kejriwal's total assets were worth Rs 2.1 crore in 2015.

The cash and fixed deposits of Kejriwal's wife Sunita Kejriwal increased from Rs 15 lakh in 2015 to Rs 57 lakh in 2020.

A party functionary said Rs 32 lakh worth cash and fixed deposits have been received by Sunita Kejriwal as voluntary retirement benefits while the rest are savings.

The cash and fixed deposits of the chief minister increased from Rs 2.26 lakh in 2015 to Rs 9.65 lakh in 2020.

There was no change in the value of immovable assets of his wife while Kejriwal's immovable assets' worth increased from Rs 92 lakh to Rs 177 lakh.

The party functionaries said increase in Kejriwal's immovable assets' worth is due to the increased valuation of the same asset as in 2015.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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News Network
June 16,2020

Kalaburagi, Jun 16: Stones were pelted by villagers at an ambulance and a vehicle of health department at Tanda village here, which was fetching 15 people who had tested positive for COVID-19 to a hospital for treatment.

"A medical team along with some police personnel had gone to the Tanda village to bring 15 people who had tested positive for COVID-19 to a hospital for treatment on Monday," Lada Martin Marbaniang, Superintendent of Police (SP) Kalaburagi said.

"The medical team had an argument with villagers, which turned violent and those people started pelting stones at the ambulance and a vehicle of the health department," the SP said.

"On getting information, we rushed more security forces to the village. I visited the spot and spoke to a few leaders. Subsequently, we were able to convince them and all of them were brought to the hospital. A case has been registered against violent offenders," he added.

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