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JD(S) to contest all 224 seats; no alliance with Cong, SDPI: Deve Gowda

coastaldigest.com news network
January 22, 2018

Mangaluru, Jan 22: Janata Dal (Secular) National President H D Deve Gowda has said that his party would will field candidates in all the 224 constituencies of Karnataka in the upcoming Assembly polls in May 2018.

Speaking to media persons here on Monday, the former prime minister said that the JD(S) is open to have an alliance with the Left parties during the polls.

"If CPI and CPM approach us for a pre-poll agreement, we are willing to leave a few seats uncontested for them. The list of our candidates will be published during the third week of February. We will not enter into a truck with any party, if the poll results in a hung Assembly," he said.

Asked whether his party post-elections would support the Congress in case of a hung Assembly, he said: “I have already burnt my fingers by supporting the Congress (earlier).” He clarified that JD(S) would not have any alliance with the Social Democratic Party of India (SDPI) too.

The 84-year-old leader said that the party would make all efforts to win at least one seat in all districts to ensure that it has representation in the Assembly from all the districts. 

The candidates would be finalised by the end of February. The party would seek votes on the basis of its “own principles and policies” and not by taking on the Congress and the BJP.

Mr Gowda said that the party would hold a rally for peace in Mangaluru in the second week of February. “We had to postpone the rally due to prohibitory orders in the city. The rally intends to emphasize on peace and also to strengthen the JD(S) in coastal Karnataka,” he said. 

He said religious leaders from different faiths are expected to participate in the rally to be held from Mahatma Gandhi circle to Nehru Maidan. 

Comments

Azeez
 - 
Wednesday, 24 Jan 2018

  1. Completely lie,one of the liar media, the deccan herald has a clear, true report. what is this new portal costal digest, I have heard about costal chicken never heard about costal digest.
  2. I hope my comments will not digest you

Rosi Roshan
 - 
Tuesday, 23 Jan 2018

Fantastic said by our great, greatest sleeping toest man in the moon, clearely silent in (Sanskrit says Manuam sammath Lakshnam, means when who silet looks says he agreed, completely understand he, Deva Gowda already agreed Comunal Crimanal RSS I am supporting, master Miliniour Farook blindely looking and shake handing, "Every Dogs has its own day"anna not support good ruler support criminals, the money in you hand will spend with in no days but the world or nation stays as it is! 

Jai hoo Hindustan

Jai hoo Bharath Matha.

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coastaldigest.com news network
July 2,2020

Mangaluru, Jul 2: A BJP MLA in Dakshina Kannada has tested positive for covid-19.

Dr Bharat Shetty, who represents Mangaluru North Assembly constituency, took to Twitter to confirm the news.

“I have been tested covid-19 positive. With all your blessings, I'm recovering and will be under treatment for few days,” he tweeted. 

He also requested the people to maintain social distancing, wear masks while going out and wash hands frequently.

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coastaldigest.com news network
July 8,2020

Mangaluru, Jul 8: A corporator and a staff in Mangaluru City Corporation (MCC) have tested positive for the coronavirus. 

The woman corporator, who was under home quarantine for past few days ago, received her covid test report today. 

A staff of health department who works in MCC also tested positive for the covid-19. 

The woman corporator had recently attended a primary health centre meeting. A person who had attended the meeting was later tested positive. Hence the corporator was placed under home quarantine.

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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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