You will see my govt’s vision in 3 months: Kumaraswamy

DHNS
June 20, 2018

Bengaluru, Jun 20: People will see the Congress-JD(S) coalition government’s work in full swing in another three months time, Chief Minister H D Kumaraswamy said on Tuesday.

“We’ll prove ourselves with action and implementation, not just with speeches,” Kumaraswamy told reporters during an interaction here. “In three months, you’ll be able to see the government’s long-term vision at work.”

Kumaraswamy said not a single minister in the government was wasting any time by staying in Bengaluru. “They’re out there reviewing their departments. Our government will not be complacent or forgetful,” he said, adding that he wanted to restart his popular Grama Vastavya initiative.

That the Congress was yet to fill up six Cabinet positions out of its quota of 22 would not come in the way of the government’s functioning, the chief minister said. “We’re 25 ministers now. The government is working effectively. There was a time when only three ministers ran the show,” he said, referring to former chief minister R Gundu Rao’s time.

Kumaraswamy reiterated his commitment toward waiving farmers’ loans. “I know a loan waiver isn’t the remedy. The waiver will not stop farmers from committing suicide, but it must be done. What I want to do is revamp the way farmers do agriculture. Similarly, I want to bring about reforms in the education, health and housing sectors,” he said.The government will, in a couple of days, hold a meeting with heads of nationalised banks to discuss the loan waiver.

He said he planned to present his budget in the first or second week of July. “I will convene a Cabinet meeting to discuss the budget session.” 

On what transpired in his meeting with Congress president Rahul Gandhi, Kumaraswamy said: “I did not complain against any Congress leader when I met him. I took his advice on many things. That’s all.”

Kumaraswamy revealed that his own staff were resisting his demand for a cut in his motorcade and security detail. “Also, I’ve decided to fly in a commercial flight as much as possible. Flying in a private plane will cost Rs 38 lakh, whereas commercial is just Rs 1 lakh. I can use the Rs 37 lakh to develop a village,” he said.

Comments

Yogesh
 - 
Wednesday, 20 Jun 2018

Within 3 months people can see as you resigned CM post

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News Network
May 21,2020

Bengaluru, May 21: Karnataka reported 116 fresh cases of coronavirus on Thursday, taking the state tally to 1578. 

So far, 570 people have been cured and discharged while 41 have succumbed to the virus, informed the state health department.

Out of the 116 cases, 71 have a history of inter-state travel history to Maharashtra.

Out of the 116 cases, 27 are from Udupi alone, 15 cases are reported from Mandya and 13 are from Hassan. Bengaluru Urban saw seven new cases.

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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News Network
April 29,2020

Bengaluru, Apr 29: The Karnataka police department has decided not to deploy its personnel aged above 55 as frontliners in Covid-19 related duty.

According to order issued here on Wednesday by Director General of Police Praveen Sood, it was a precautionary measure as the elderly was more susceptible to the risk of infection.

Apart from this, the order also states that any police personnel suffering from diabetes, hypertension, asthma, kidney, liver-related problems and cardiovascular disease must also be kept away from Coronavirus duty. The policemen can be deployed for station duty.

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