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Karnataka: Will CM Sadananda Gowda be replaced by Yeddyurappa loyalist Shettar?

July 1, 2012
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New Delhi, July 1: The BJP's Parliamentary unit will on Sunday decide whether to replace Karnataka Chief Minister Sadananda Gowda with BS Yeddyurappa loyalist Jagadish Shettar.

The decision comes after nine ministers in the Gowda government, including Shettar himself, resigned on Friday demanding change of leadership.

While Gowda refused to accept the resignations, the BJP high command said it would hold talks with party leaders and the rebel ministers and then take a decision.

While BJP General Secretary Dharmendra Pradhan met the ministers on Saturday, sources said it was likely that the party would try to convince Yeddyurappa to wait until the Presidential election was over. They added that it was likely that the party high command would consider making Shettar the deputy CM for the time being, as a compromise formula.

Yeddyurappa has for some time been demanding that Gowda be replaced by Shettar. The former CM was removed from his post following allegations of his involvement in the illegal mining scam.

Supporters of Gowda, however, have said that they will not let him resign. Anand Asnotikar, the state Fisheries Minister, said, "We are supporting Chief Minister Sadananda Gowda. If any decision is taken to remove him, Jaakirholi and I will resign."

He asked, "Why should the CM resign? Is he corrupt? Has he been involved in any scam? If he has to step down, the central leadership will have to give a convincing reason. All these claims that the BJP can win only under Yeddyurappa are false. Under Sadananda Gowda, the BJP won five out of six MLC seats. He is a leader who supports every community and not just any one community."

Meanwhile, the Yeddyurappa camp is in no mood to back down. CM Udassi said, "We have made our decision clear that Jagadish Shettar should be made the CM and that's why we have resigned. When there was allegations against the former excise minister Renukacharaya, Sadananda Gowda immediately ordered a probe. But when there were allegations against Law Minister Suresh Kumar, why didn't he order a probe? It's clear that the CM doesn't trust us and we don't trust him."


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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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Agencies
May 31,2020

New Delhi, May 31: Congress leader Kapil Sibal on Sunday questioned the Prime Minister on how much money has been given to labourers from the PM-CARES Fund.

"I would like to ask Prime Minister Modi, 'Can you tell us how much money did you give to labourers from your PM-CARES Fund?' I request him to answer this question. Many people died during this period, some died while walking, some died in the train, some died of hunger," Sibal said while addressing a virtual press conference.

The senior Congress leader further asked how much ex gratia did the Prime Minister give to the labourers who died in the corona crisis while negotiating the lockdown.

"I refer you to Section 12 of the Disaster Management Act. It says that ex gratia assistance on account of the loss of life and also assistance for the restoration of livelihood should be provided by the government. Did the government give ex gratia assistance to people who died in the crisis? The act also mentions special provisions for widows and orphans. The government should clarify how much assistance they gave to such people," he said.

Sibal said that the government should keep aside its agenda for the last six years and concentrate on making pro-poor policies.

"In the coming days, our economy is going to go into the negative territory as also confirmed by RBI. There are 45 crore labourers in our country. What will be their state? We have to look at our future. That is why we want to request the government that the agenda that they have run over the last six years should be kept aside and that government should care about the poor and draft policies for them," the Congress leader said.

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News Network
April 4,2020

Srinagar, Apr 4: Two militants were reportedly killed in an encounter with security forces in Kulgam district of Jammu and Kashmir on Saturday, police said.

The security forces launched a cordon and search operation based on intelligence inputs about the presence of militants in Hardmand Guri village in Kulgam, a police spokesperson said.

"This operation based on a credible police input was launched this morning. Two terrorists have been reportedly killed so far," the spokesperson said, adding that the exchange of fire was going on.

Earlier, the police tweeted on its official handle that three militants had been trapped in the cordon. "Same group of #terrorists trapped who killed 3 civilians recently," the police said.

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