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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
January 10,2020

Davanagere, Jan 9: Residents of SVR colony of Channagiri Taluq here on Thursday built a temple in the memory of a male monkey, who died here 'unexpectedly'.

A group of monkeys entered the SVR colony around three months back. The monkeys have never disturbed anybody in the area and they used to play with children living in the colony.

Locals said that the monkeys are very obedient to them.

Unfortunately, one of the monkeys died suddenly on Wednesday, causing distress among people who were very fond of him.

Showing their love for the deceased monkey, locals performed his final rite according to Hindu tradition.

Later, the residents approached the president of the village Panchayat to allot funds to build a temple in the monkey's memory.

The construction of the temple has already begun in the area at the same place where the monkey's funeral was conducted.

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News Network
July 11,2020

Mumbai, Jul 11: Bollywood veteran Amitabh Bachchan announced on Twitter late on Saturday that he tested positive for the novel coronavirus infection.

Taking to Twitter to announce the news, he said, "I have tested CoVID positive... " He added that family and staff had also undergone tests while Bachchan has been shifted to a hospital. 

Bachchan ended his tweet saying, "All that have been in close proximity to me in the last 10 days are requested to please get themselves tested !"

Bachchan, who was last seen in Gulabo Sitabo that released on OTT platforms, will be seen in Ranbir Kapoor-starrer Bhrahmastra.

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News Network
April 29,2020

Bengaluru, Apr 29: Union Minister Ravi Shankar Prasad on Tuesday clarified that Department of Telecommunications has extended the relaxed terms and conditions for VPN till July 31.

"Wish to clarify that it is not extension of WFH. In response to IT Industry's request to facilitate WFH for OSPs, Department of Telecommunications, India had relaxed terms and conditions for VPN till April 30 After discussions with IT Ministers this relaxation in terms and conditions is extended till July 31," Prasad Tweeted quoting Deputy Chief Minister of Karnataka Dr Ashwath Narayan.

Earlier, the Karnataka government issued a press statement saying that the central government has given permission to IT professionals to work from home till July 31 in the view of COVID-19 pandemic.

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