Dubai-based doctor who studied in Mangaluru gifted me the watch, says CM

[email protected] (CD Network)
February 26, 2016

Bengaluru, Feb 26: Chief Minister Siddaramaiah, who has decided to announce his luxury watch as a state asset, revealed that it was it was a “gift” from his Dubai-based doctor and friend Girish Chandra Varma.

siddaramaiahThe Chief Minister, who came under severe attack from the Opposition JD(S) and the BJP on the “expensive and imported” watch, said: “Dr. Varma gifted me the watch last July when he visited India. I have been a close friend of Dr. Varma since 1983.” Mr. Siddaramaiah said he would pay the gift tax for the watch and provide information to the Lokayukta before July-end during declaration of assets and liabilities.

“I received the gift in July (2015) and I will provide information to the Income Tax Department before March 15. I will not wear the watch, instead I will donate it to the government to preserve it,” the Chief Minister said.

Mr. Siddaramaiah said Dr. Varma studied MBBS in Davangere and completed his postgraduation in Mangaluru. He later practised in France and the U.S. He now resides in Dubai. When the doctor visited India in July 2015, he removed the watch from his wrist and gifted it to Mr. Siddaramaiah. The doctor will provide all details of the watch, including bill receipt and payment of taxes, when he visits India this July.

“The doctor meets me whenever he comes to India and Bengaluru,” the Chief Minister said. “Dr. Varma is a cardiac surgeon. He has been my friend for more than 30 years. He gave me the gift as a gesture of affection and friendship. According to Dr. Varma, the value of the watch is 75,000 dirham,” Mr. Siddaramaiah said, adding that JD(S) leader H.D. Kumaraswamy has been making the watch “a big issue without any basis”.

During the run-up to the elections to rural local bodies, Mr. Kumaraswamy had alleged that Mr. Siddaramaiah, who boasts of socialist credentials and pro-poor policies, was wearing a watch worth Rs. 50 to Rs. 60 lakh, and sunglasses valued at Rs. 2 lakh. In its petition to the Enforcement Directorate, the BJP had urged the ED to conduct an inquiry into the Rs. 70 lakh Swiss wrist watch.

Asked whether he would file a defamation case against the JD(S) leader, the Chief Minister said he would not indulge in such “low-level politics”.

Comments

Uday
 - 
Friday, 26 Feb 2016

Congratulations to Siddaramaiah for making the BJP's job easier. Hope he continues to lend his helping hand with his watch:)

Sumathi
 - 
Friday, 26 Feb 2016

It seems Siddaramaiah had said he wud sell his watch to anyone who paid him even Rs 5 lakh for it. Ready to beg, steal or borrow.

Suresh Vamanjoor
 - 
Friday, 26 Feb 2016

37 Chennai &38 Bangalore ranking is pretty bad. Siddaramaiah can utilise money from d auction of his watch to clean a mini area

Sidda
 - 
Friday, 26 Feb 2016

After Modi’s luxury suit, Karnataka CM Siddaramaiah’s Rs 70 lakh watch to be auctioned`

Ravi
 - 
Friday, 26 Feb 2016

Siddaramaiah Govt must stop fooling people & work for the State. If not time will run out even on his 70 lakhs watch

priyanka
 - 
Friday, 26 Feb 2016

Modi's few thousand worth suit becomes worth 10 lacs with nonstop coverage. But Siddaramaiah's 70 lacs watch doesn't get any coverage

reshma
 - 
Friday, 26 Feb 2016

It's a second hand watch gifted to me. I'll pay gift tax, won't wear it &will make a state asset

Vaman Rai
 - 
Friday, 26 Feb 2016

Will pay tax on Rs 70 lakh watch which was gifted to me but will not wear it, says Karnataka Chief Minister Siddaramaiah

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News Network
May 29,2020

Bengaluru, May 29: Seven out of ten (72 per cent) workers in Karnataka reported having lost their employment during the COVID-19-induced lockdown, according to findings of a survey by Azim Premji University, in collaboration with ten civil society organisations.

The university said in a statement it conducted "a detailed" phone survey of 5,000 workers across 12 states in the country, to gauge the impact of the COVID-19 lockdown on employment, livelihoods, and access to government relief schemes.

The survey covered self-employed, casual, and regular wage and salaried workers and it released the findings for Karnataka on Thursday.

Seventy-six per cent of urban workers and 66 per cent of rural workers lost their employment, the survey findings said.

For non-agricultural self-employed workers and wage workers, who were still employed, average weekly earnings fell by two-third.

More than four in ten salaried workers (44 per cent) saw either a reduction in their salary or received no salary during the lockdown.

Six out of ten households reported that they did not have enough money to buy even a weeks worth of essential items, according to the survey.

Eight out ten households reported a reduction in food intake, while less than three in ten vulnerable households (27 per cent) in urban Karnataka received any form of cash transfer from the government, it said.

In summary, the disruption in the Karnatakas economy and labour markets is enormous. Livelihoods have been devastated at unprecedented levels during the lockdown.

The recovery from this could be slow and very painful, the statement said.

As a response to the findings of this survey, the team which has conducted the survey suggested a universalisation of the PDS to expand its reach and implementation of expanded rations for at least the next six months.

It suggested cash transfers equal to at least Rs.7000 per month for two months, and proactive steps like expansion of MGNREGA, introduction of urban employment guarantee, and investment in universal basic services, among others.

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News Network
January 22,2020

Udupi, Jan 22: Udupi district authorities was on high alert following the bomb detected at Mangalore International Airport (MIA).

Udupi railway police said that security had been strengthened in all the railway stations, including Padubudri, Senapur, Barkur, Kundapur and Indrali in the district.

The police in mufti and uniform were on constant beats in the railway stations. Besides, dog squads and bomb detection squads have been deputed in the railways stations, they said.

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News Network
April 27,2020

Bengaluru, Apr 27: Janata Dal-Secular leader and former Karnataka chief minister HD Kumaraswamy on Monday said that the government should work towards lowering the cost of living as the spending power of the consumer has weakened, and it should impose COVID cess on the ultra-rich.

"The economy won't bounce back within a very short period. It is important to lower the cost of living as the spending power of the consumer has depleted. The government must cut the petrol/diesel prices. The loss of revenue may be offset partially by imposing COVID cess on the ultra-rich," Kumaraswamy tweeted.

"According to RBI and international economic assessment agencies, the GDP growth rate of the country is expected to fall to a historic low. Such a dire situation calls for citizen-centric measures like full or partial waivers of EMIs, rents, school fees, and other levies," he added.

Kumaraswamy further said that the government must announce schemes to save the livelihoods of people, especially those in the unorganised sector.

"It is high time the government announced schemes to save livelihoods of people, especially those in the unorganised sector. The government must provide immediate relief to farmers, construction workers, cab and auto drivers, garment workers, etc," the former Karnataka CM tweeted.

The Confederation of Indian Industry (CII) had said on April 23 that India's economic growth is likely to hover between zero and 1.5 per cent in the current financial year as the extended COVID-19 lockdown slows down activity across most sectors.

India is under a nation-wide lockdown which was imposed on March 25 and later extended on April 14 to May 3 to stem the spread of coronavirus.

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