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Congress, JD(S) pretend to fight each other but are in tacit alliance: PM Modi

Agencies
May 5, 2018

Tumakuru, May 5: Prime Minister Narendra Modi said on Saturday that the Congress and Janata Dal (Secular) pretend to fight each other but are actually in "tacit alliance".

Addressing his first of the four rallies of the day here, Prime Minister Modi said the H.D. Deve Gowda-led party is working towards saving the Congress in Karnataka.

"People of Karnataka need to know the tacit alliance between Congress and JD(S)...they pretend to fight as opponents in Karnataka, but, in Bengaluru, the JD(S) supported a Congress mayor, who is sitting in the office. What is the deal between these two parties," the Prime Minister said here.

Further intensifying his attack on the ruling party in the state, the prime minister said for years the Congress kept on reiterating "Gareeb, Gareeb, Gareeb" but nothing came out of their 'rhetoric'.

He said the Congress has only made empty promises to the farmers, however, in reality, their "negligence towards the agriculture sector is very well known".

"I wish they were serious about the welfare of the farmers," he added.

Questioning the Rahul Gandhi-led party, Prime Minister said the former never did anything to solve the problem of water in Tumakuru.

"Why are the people of Tumakuru not getting water from the Hemavati River? The Congress government lacks concern for the farmers," Prime Minister said.

Prime Minister Modi said his government has worked on irrigation projects on which no work had happened for 30 years.

He said the Centre is also mulling on ways to increase coconut exports, which was never thought about by the Congress.

"Resources have been allocated for Tumakuru's development under Smart Cities project. These resources are aimed at transforming Tumakuru but the state government prefers to loot money rather than work for people's welfare," Prime Minister Modi.

Prime Minister Modi added that he has initiated a full-fledged battle against corruption and black money and will not tolerate any corrupt practices.

Comments

Hari
 - 
Saturday, 5 May 2018

We know you are a king lier. Yeddy and HDK made secret pact to defeat cong. Beef janata party knows they alone  cant defeat cong. JDS became verdict maker too

Ganesh
 - 
Saturday, 5 May 2018

Actually both jds and bjp making us fool by opposing each other in front of media

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News Network
April 27,2020

Thiruvananthapuram, Apr 27: Kerala Chief Minister Pinarayi Vijayan on Sunday said the issue of return of Non-Resident Keralites (NRKs) to the state has been taken up with the Centre and the state government is awaiting a favourable response.

Vijayan said this in a meeting with Non-Resident Keralites over steps taken by the state government for those wishing to return to the state from foreign countries.

The Chief Minister announced that the Department of Non-Resident Keralites Affairs has opened online registration for such NRKs.

"Those returning should undergo screening at airports. All those returning should undergo mandatory home quarantine for 14 days.

Arrangements of isolation wards will be provided for those unable to go home," said Vijayan.

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News Network
June 16,2020

Bengaluru, Jun 16: A woman employee at the Vikasa Soudha, next to Vidhana Soudha, the State Secretariat, was tested positive for COVID-19 on Tuesday.

Hence the authorities sealed the Food Department offices, which was in the ground floor of the building.

Employees of Vidhana Soudha and Vikasa Soudha were shocked after learning that one of their colleagues tested positive for the dreaded killer coronavirus.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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