Karnataka to see by-elections for 3 LS seats as Yeddy, Sreeramulu, Puttaraju return to Assembly

News Network
May 23, 2018

Bengaluru, May 23: Three Parliamentary Committees will have new nomination as an after effect of Karnataka Assembly polls in which three Lok Sabha members who sucessfully contested the elections have resigned as MPs.

On the other hand, Karnataka will see by-elections to three Lok Sabha seats- Shivamogga, Ballari and Mandya, vacated by B S Yeddyurappa, B Sreeramulu and JD(S) leader C S Puttaraju respectively.

Yeddyurappa won from Shikaripura Assembly segment, while Sreeramulu won from Molkalmuru seat in recently concluded Karnataka assembly polls. Interestingly, both Yeddyurappa and Sreeramulu had quit their MLA seats of Shikaripura and Bellary rural segments respectively - which they had won in 2013 - to contest the 2014 Lok Sabha polls.

Yeddyurappa was a member of Parliamentary Standing Committee on Agriculture headed by BJP MP Hukumdev Narayan Yadav while Sreeramulu was part of the Standing Committee on Home chaired by senior Congress leader P Chidambaram. Both the committees are seized with crucial subjects and hence the BJP won't prefer to keep vacancies there.

While the Committee on Agriculture is examining among other things also the issue of farmer distress, the Committee on Home has been deliberating on the issue of security concerns related to Aadhar platform.

Puttarjau, who also resigned following his election from Melukote Assembly constituency, is a member in the Joint Committee on Salaries and Allowances of Members of Parliament, to  which he was re-nominated in October last year.  It remains to be seen whether Deve Gowda offers himself for nomination in the committee or leaves it to the Lok Sabha Speaker to nominate some leader from any other party.

Comments

WellWisher
 - 
Wednesday, 23 May 2018

what ever it may  be,   further election all to be conducted by Ballot system. No EVM no advnced system then only all we can experience progress. Else all looters will  sell out country to out siders.

 

Jai Hind !

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coastaldigest.com news network
June 1,2020

Mangaluru, June 1: The private bus services resumed services in Dakshina Kannada and Udupi districts today with 15 per cent hike in the fares. For 70 days these buses were stayed off the roads as lockdown was imposed in the region on March 22 in the wake of covid-19 outbreak.

Buses were sanitised in the morning. The bus operators have decided to operate only a few of the buses initially.

Of the about 2,000 service buses (inter-district buses and long-route buses within the district) of private operators in Dakshina Kannada and Udupi, only 25% resumed services. Only 135 out of 320 city buses in Mangaluru resumed services.

The number of passengers on board the buses were also very less in the morning. A few buses had arranged sanitisers for passengers, drivers and conductors.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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Agencies
June 10,2020

Bengaluru, Jun 10: The Karnataka Anti-Corruption Bureau on Wednesday conducted raids at 14 places linked to four government officials in the state.

On receiving received credible information about the officials amassing disproportionate assets, an illegal assets case was registered and raids are being conducted at 14 places linked to them, ACB said in a release.

It said the raids are still on and investigation is being carried out about their assets.

Raids are being conducted on properties linked to L Sathish Kumar, Additional Commissioner, Department of Commercial Tax; N Ramakrishna, Divisional Forest Officer, Srinivasapura, Kolar; Gopalshetty Mallikarjuna, Executive Engineer, District Development Cell, Raichur; Raghappa Lalappa Lamani, Krishna Bhagya Jala Nigam Ltd official in Almatti, Bagalkote, the release said.

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