Mangaluru: Leftists take out rally against communal' Modi govt

[email protected] (CD Network)
May 25, 2016

Mangaluru, May 25: Registering their protest against the “communal and anti-people policies” of Narendra Modi led union government, the workers of Left parties staged a rally in Mangaluru.

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The rally was jointly organised by the Dakshina Kannada district committees of Communist Party of India (Marxist) and Communist Party of India as a precursor to mammoth protest rally planned by the Left parties in Bengaluru on June 6.

Speaking on the occasion, CPI district secretary V Kukyan said the BJP led NDA government which already two years at the centre have belied all promises made to their respective electorate.

He said that the government's policies had left the poor and the deserving sections of society in a rather piquant situation.

“Team Modi is catering to the interests of the capitalists ignoring the interests of both farmers and the labour class, he said adding the state government too has failed in providing even basic minimum amenities to the people that expected it,” he said.

The BJP that promised to bring back black money stashed in tax havens abroad prior to the elections has failed miserably in this regard. Corporate borrowers owe Indian banks nearly Rs 3-lakh crore, he said adding nationalized banks have already declared this as non-performing assets. The union government also failed to stop liquor baron Vijay Mallya from fleeing the country and being brought to justice here, he noted.

CPM district secretary Vasanth Achary said it is the corporates who are reaping the benefits of Indian independence and not poor people.

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Comments

Insaan
 - 
Wednesday, 25 May 2016

Ok. Ok. Cha pardh illade pole.

A. Mangalore
 - 
Wednesday, 25 May 2016

Good move. Though the main opposition party Congress is doing very very less effort to counter communalism of Modi Government.
Atleast Khanayya Kumar voice heard more than entire Congress party.

aharkul
 - 
Wednesday, 25 May 2016

good move CPI (M). Keep it up.....

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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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coastaldigest.com news network
May 23,2020

Udupi, May 23: Issuing a stern warning to people against venturing out unncessarily 7:00 pm on May 23 and 7:00 am on May 25, Udupi deputy commissioner G Jagadeesh said that those who violate the lockdown norms will face punishment. 

“Lockdown should be observed strictly across Udupi district. If anyone is found roaming around, we will not speak, but our batons will”, he said in a press meet here today. 

He suggested the people to buy all necessary things for 36 hours of total lockdown before 7 p.m. today. 

Chief Minister has already clarified that a complete lockdown would be observed in the State on every Sunday. Only the medical shops, newspaper delivery, milk parlours will be permitted to function. Vehicular movement has also been restricted during this period, he said.

If marriages have been scheduled already on Sunday, they will be considered as a special case. However, prior permission is must for scheduled weddings, he said.

Udupi SP N Vishnuvardhan and ZP CEO Preethi Geholot CEO ZP were also present.

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News Network
May 6,2020

Bengaluru, May 6: Karnataka has reported 20 new cases of coronavirus taking total number of cases in the state to 693.

The state health department said in a bulletin on Wednesday that 20 new cases have been confirmed for COVID-19 in the state. "The total number of cases in the state is 693," it said.

The count includes 354 patients who have been discharged and 29 patients who succumbed to the disease.

Out of the remaining cases, 303 patients are in isolation at designated hospitals while six patients are in ICU. The bulletin has also reported one death due to non-COVID cause.

The number of COVID-19 cases in the country reached 49,391, according to the Ministry of Health and Family Welfare on Wednesday morning.

This includes 33,514 active cases and 1,694 deaths due to infection so far.

A total of 14,182 persons have been cured and discharged so far, according to the Health Ministry. One patient has migrated.

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