Non plan expenditure should have been curtailed in Union budget'

[email protected] (CD Network)
March 17, 2012

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Mangalore, March 17: Containing non-plan expenditure should have been one of the top priorities of Finance Minister Pranab Mukherjee in the Union budget, said Anantha Krishna, Chairman, Karnataka Bank.

He was speaking at an interactive programme 'Budget Talk' organized by The Hindu – Business Line in Mangalore on Saturday.

Mr. Krishna was of the opinion that the union government can find ways of curtailing expenditure. “They can do it by avoiding by-elections. Do we require a by-election every six months? Other than a genuine reason such as death of a member of the House, it should be seen that by-elections are not held. Also, is there a need for the number of escorts that MLAs and other people in authority have? Containing non-plan expenditure should have been considered by the Finance Minister”, he said.

He also said that successive governments have conveniently chosen to ignore than levying service tax is only according to the residuary clause of the constitution. “I really hope someone goes to the court and takes up this matter”, he said. He also said that tax free bonds are a 'misnomer' in our country.

On the Education Loan Guarantee Fund, he said that earlier it was difficult for the banks to track the borrowers and would hesitate in lending money to students as most of them would not repay it. But now, with this Fund, banks will be more eager to provide educational loans, Mr. Krishna said.

Responding to a question on the increase of fare in railway budget, Mr. Krishna said that it was not wrong to increase prices this year as such as no increase in rates had been made for the last 9 years.

Walter D'Souza, Chairman of the Federation of Indian Export Organisations, and Murali Mohan, Chairman of the Mangalore branch of Institute of Chartered Accountants of India also presented their analysis of the Union budget.

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News Network
June 5,2020

Bengaluru, Jun 5: A COVID-19 patient, who was admitted to Victoria hospital, has recovered from the disease after he was administered convalescent plasma therapy.

He is the second patient in the state who has recovered from COVID-19 after the therapy.

"I am happy to inform the second plasma therapy patient has recovered and shifted out of ICU. This middle-aged patient was admitted in Victoria hospital ICU with severe COVID-19 illness and was also diabetic with poor sugar control," Dr Vishal Rao, HCG Hospital Bengaluru said.

"The patient received convalescent plasma on May 27, since then there was steady improvement in patient's condition and was taken off high flow nasal oxygen on June 2, 2020, and is at present on a minimal oxygen, shifted toward yesterday. With the rapid recovery we hope to discharge the patient soon," he said.

Speaking further, Rao said: "This is a significant improvement and reassuring. We hope to see him recover completely and will closely monitor the condition going forward to send the patient from ward to home."

In Karnataka, 4,320 coronavirus cases have been reported including 1,610 cured/discharged/migrated and 57 deaths, according to the Ministry of Health and Family Welfare. 

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News Network
January 5,2020

Mangaluru, Jan 5: Against the backdrop of Mangalore violence of December 19, Additional Director General of Police of Karnataka Amar Kumar Pandey visited the city and held a meeting with senior police officers.

According to senior police officials here on Sunday, Dakshina Kannada and Udupi District Muslim Central Committee had planned to hold a protest against CAA at Nehru Maidan while the SKSSF had called for anti-CAA protest at State Bank area.

Though both the protests had been called off, there was an apprehension of a repeat incident of December 19 violence and hence the ADGP visited the city at the behest of state government and monitored the situation here for the entire day on Saturday.

The ADGP was unhappy that despite initial inputs and the imposition of Section 144 in the city, the situation on that day escalated to a level where police had to resort to firing only in this city.

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News Network
March 5,2020

Bengaluru, Mar 5: Amulya Leona, the 19-year-old woman who captured a nation’s attention by shouting full-throated slogans, allegedly in support of Pakistan, at a rally in Bengaluru, has reportedly held her composure under grilling by the Special Investigating Team (SIT).

The woman was arrested after her speech to an audience of protesters against the Citizenship Amendment Act on February 19, and was slapped with sedition charges.

Sources in the police said Amulya Leona seemed to be absolutely normal during interrogation by senior cops, unlike most other persons in such circumstances.

Not once throughout the grilling nor in judicial custody did she break down.

Amulya is said to have defended herself on charges that she shouted pro-Pakistan slogans. She made it clear that by speaking out at the rally at Freedom House, she did not mean to support the enemy country and that she was not against India.

Lower-rung officers said Amulya Leona seemed to be considerably influenced by the late firebrand activist Gowri Lankesh, who was shot dead in 2017.

In fact, the policewomen to whose charge she was entrusted right after she was arrested are said to have heaved a sigh of relief when she handed over to custody of prison staff.

An urban legend going around in lower-rung police circles is that Amulya Leona attended the funeral of Gowri Lankesh and fainted near where the late activist was buried. “It’s impossible for a 19-year-old to show such grit. We have seen hardcore criminals breaking down in custody. Forget about breaking down, Amulya Leona is becoming stronger,” they explain.

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