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Yeddyurappa has no knowledge of economics: Siddaramaiah

DHNS
October 16, 2017

Mysuru, Oct 16: Chief Minister Siddaramaiah on Sunday lambasted BJP state president B S Yeddyurappa for accusing the state government of misusing funds and also defended the government’s move to divert surplus funds from Mysore Minerals Limited (MML) to cooperative banks.

Speaking to reporters at Mysore Airport in Mandakalli near here, Siddaramaiah said Yeddyurappa does not have even minimum knowledge about economics. “Who is he to speak about financial matters?” he asked.

The chief minister said that the government directed MML to deposit Rs 1,000 crore with the Apex Bank to waive farmers’ loans as the government did not allocate funds for it in the budget. “What is wrong in diverting government’s money to banks for the welfare of the farmers. Is MML a foreign company? MML funds belong to the government and it is a common procedure,” he said.

The government will return the money in the next budget. Yeddyurappa, who had served as finance minister, does not know anything about MML,” he said.

Yeddyurappa had earlier said that the government has been misusing funds and pressuring MML to deposit money with the Apex Bank.

Siddaramaiah said the financial condition of the state is stable and former prime minister Manmohan Singh, also an economist, has appreciated the state.

Comments

Hari
 - 
Monday, 16 Oct 2017

Siddu knows better. so he loots without getting leak

Unknown
 - 
Monday, 16 Oct 2017

Should stop unwanted controversial statements. Not only from cong. Bjp people also should stop. Then half of the problem will be saved automatically

Kumar
 - 
Monday, 16 Oct 2017

Yeddy has some knowledge of economics. Thats why he looting

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News Network
April 26,2020

Bengaluru, Apr 26: Three new cases of COVID-19 have been reported in Karnataka in the last 24 hours, taking the total number of cases in the state to 503 as per Karnataka government.

There are 302 active COVID-19 cases in Karnataka presently, while 182 patients have been discharged, 19 deaths have been reported, state government informed.

The total number of positive coronavirus cases across the country are 26,917, including 20,177 active cases of the virus. So far, 5,913 patients have either been cured or discharged while 826 deaths have been recorded in the country, as per data provided by the Union Ministry of Health and Family Welfare.

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News Network
January 16,2020

Mangaluru, Jan 16: The Akhil Bharatiya Vidyarthi Parishad is holding rallies and meetings and distributing booklets across the country in support of the Citizenship (Amendment) Act, said ABVP National Secretary Harsha Narayan here on Thursday.

Speaking to media persons, he said that the CAA, which provides citizenship to Hindus, Buddhists, Sikhs, Parsis, Jains and Christians persecuted in Pakistan, Afghanistan and Bangladesh, was among the things that the ABVP was fighting for.

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News Network
March 29,2020

Chamaranagara, Mar 29: As many as 595 Tamil Nadu-based fishermen, who were working in Mangaluru, crossed the Karnataka border and reached their state via Chamarajanagar on Saturday.

Police said following the lockdown, the fishermen had left Mangaluru in more than 20 vehicles. The fishermen crossed the Karnataka border through Punajur check-post. However, the vehicles returned after dropping them near Hasanur check-post in Tamil Nadu.

As the fishermen had no proper documents, they were stopped by Tamil Nadu Police. However, the police allowed them after screening. The Tamil Nadu government arranged vehicles to ferry them, said a police officer.

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