CM Kumaraswamy seeks Rahul's intervention as Congress, JDS differ on presenting new budget

Agencies
June 17, 2018

Bengaluru, Jun 17: In yet another sign of birth pangs in their coalition, Congress and JD(S) in Karnataka on Saturday differed on the tabling of a new full fledged budget for 2018-19.

While the Congress said there was no need for a fresh budget and insisted that a supplementary budget would do, JD(S) asserted that a fresh one was needed to demonstrate the direction of the new government.

Strongly pushing for a new budget, Chief Minister HD Kumaraswamy said he would meet Congress president Rahul Gandhi to sort out the issue soon.

Former chief minister and Chairman of the Congress-JD(S) coordination committee Siddaramaiah expressed his strong reservations over presenting a new full fledged budget, saying there was no need for such an exercise.

Siddaramaiah, who is also the Congress Legislature Party leader, said he had already tabled the budget as CM a few months ago.

"Budget has already been tabled. It is a full-fledged budget only. That's why we had taken vote on accounts for fourmonths. It will be there till July end. All the ongoing programmes and new programmes announced in the budget will continue," said Siddaramaiah.

He advised Kumaraswamy that if he wants to carry out certain projects and launch some schemes, he can bring out a supplementary budget.

Reacting to Siddaramaiah's 'suggestion', Kumaraswamy told reporters in Delhi that the new government has to demonstrate its objectives to the people.

"Whenever a new government comes to power, it needs to demonstrate what its goals are. We cannot limit ourselves to presenting supplementary budget because there are many challenges before the government."

He also said the Congress as well as the JD(S) made several promises incorporating new programmes.

"A supplementary budget would not suffice to incorporate them all," he said.

Kumaraswamy reminded Siddaramaiah about his statement in the past that if a new government takes over after the election, a new budget may be presented.

"Today Janata Dal(S) and Congress have formed a coalition government. Usually when a new government comes to power, its duty is to present the best budget and send our message to people through it," the chief minister said.

In this connection, he said, he would meet Rahul Gandhi in a day or two and sort out the matter.

Replying to a question, Kumaraswamy said, "I am not uncomfortable with my coalition government but I have become uncomfortable for my media friends."

He conceded that delay in the expansion of cabinet gave room for speculative media reports doubting the longevity of the government.

"Let us assume that there is a threat to the government as you are speculating but at least nobody can touch (this government) till the parliament elections. This is what I had said (yesterday)," he said.

"After the Congress decided to retain this governmentfor five years, it is their wish to run this coalitiongovernment not just for five years but for 10 to 15 years, just as Congress and Nationalist Congress Party (NCP) ran the coalition government in Maharashtra," he added.

Kumaraswamy appealed to the media to allow him to work and said the common minimum programme would be ready in 10 days.

Comments

Ramprasad
 - 
Sunday, 17 Jun 2018

Better to appoint sonia as advisor

Danish
 - 
Sunday, 17 Jun 2018

Guru seeking help from kid..!

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News Network
March 15,2020

Bengaluru, Mar 15: All 21 Madhya Pradesh MLAs from Jyotiraditya Scindia's camp, who were lodged here at Prestige Golfshire Club, have been shifted to Ramada hotel in Yelahanka ahead of Monday's floor test in the state assembly.

In view of their arrival, the concerned authorities have strengthened security outside the hotel.

Following the exit of Scindia from Congress, these MLAs claimed to have resigned from the state Legislative Assembly.

On March 11, Congress sent two of its leaders -- Sajjan Singh Verma and Govind Singh -- to Bengaluru in order to pacify some of these rebel MLAs.

Most of the rebel MLAs are perceived close to Scindia and were apparently unhappy at Scindia being "ignored" in the party.
Meanwhile, Madhya Pradesh Congress MLAs, who arrived in Bhopal from Jaipur today morning ahead of the floor test in the Assembly on Monday, have been shifted to Courtyard by Marriott Hotel.

These MLAs were accompanied by senior Congress leader Harish Rawat, who exuded confidence of Kamal-Nath led government winning floor test in the Assembly.

Both Congress and BJP have issued whips to all its MLAs for the legislative assembly session in Madhya Pradesh, which is scheduled to be held from March 16 to April 13.

On Saturday, Madhya Pradesh Governor Lalji Tandon had directed that a floor test will be held in the assembly on Monday.

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News Network
May 5,2020

Bengaluru, May 5: Karnataka Chief Minister BS Yediyurappa on Tuesday said that the coronavirus situation in the state is "under control" as compared to several other states in the country.

He also hinted that soon the construction and industrial activities would be allowed in the state except in the red zones.

"Coronavirus situation in the state is under control as compared to other states. Due to this, travel of migrant workers was prohibited. Now, trade, construction and industrial activities need to restart, except in the red zones," he told reporters.

According to the Karnataka Health Department, the state has so far recorded 659 COVID-19 cases, including 324 discharged and 28 deaths.

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News Network
July 26,2020

Bengaluru, Jul 26: A year-long probe by Coffee Day Enterprises Ltd (CDEL) has found that its late founder V G Siddhartha routed Rs 2,693 crore out of the company to Mysore Amalgamated Coffee Estates Ltd (MACEL), another privately-owned entity of him.

The MACEL owes Rs 3,535 crore to subsidiaries of Coffee Day Enterprises as of July 31, 2019 of which only Rs 842 crore was accounted.

"Therefore, a sum of Rs 2,693 crore is the incremental outstanding that needs to be addressed," said the report of an investigation headed by Ashok Kumar Malhotra, a retired DIG of Central Bureau of Investigation (CBI) and assisted by law firm Agastya Agastya Legal.

Siddhartha was found dead in early August 2019, and many suspected that he had committed suicide.

Steps are being taken by subsidiaries of CDEL for recovery of dues from MACEL, the company said.

"The board authorised the Chairman to appoint an ex-judge of the Supreme Court or the High Court, or any other person of eminence, to suggest and oversee actions for recovery of the dues from MACEL and to help on any other associated matters," it said in regulatory filings at stock exchanges late on Friday.

The probe further gives clean chits to the Income Tax Department and the private equity firms who Siddhartha in his parting letter had alleged of harassment.

"We have not been provided with any documentary evidence to draw an inference that there may have been any advertent or inadvertent harassment from the Income Tax Department," said the probe report.

The probe also highlighted severe liquidity crunch at CDEL in the build-up to Siddhartha's death.

A committee supported by senior professionals was formed to protect the interest of all stakeholders. CDEL said the debt levels which were about Rs 7,200 crore on March 31, 2019 have been brought down significantly by Rs 4,000 crore. The present debt of the group is around Rs 3,200 crore.

"The disinvestment process in the group continues and we are confident to have effective solution to all stakeholders," it said.

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