With pain and anguish, I quit Cong; won't reconsider decision: Krishna

January 29, 2017

Bengaluru, Jan 29: Having decided to end his nearly five decades old association with Congress, former Karnataka Chief Minister S M Krishna today said the party is in a "state of confusion" on whether it needs mass leaders or not even as he made it clear that he would not reconsider his decision to quit as it was about his "self respect" and "pride".SMKrishna

He, however, made it clear that he was not retiring from active politics."With pain and anguish, I have decided to quit the Congress," 84-year-old Krishna said.

"A situation has now come wherein I have to leave the home in which I resided peacefully for the last 46 years," the former External Affairs Minister, who had maintained a low profile for the last two years, told reporters here.

Krishna declined to spell out the next step, saying he had not yet decided on it but said he had no plans to meet Prime Minister Narendra Modi as was being speculated in the media.

Noting that the Congress had given "everything" to him, Krishna said, "I have seen both good and bad and tasted sweetness and bitterness but my loyalty to the party has always been steadfast.

"But it now seems the Congress is in a confusion whether it needs mass leaders or not. Just managing the situation seems to be good enough," he said.

Krishna said he had been haunted by the "question as to how appropriate it was to sideline a loyal Congress worker keeping the age as a factor for it."

"Age is a question of mental attitude,", he said, adding "a politician never retires, he only fades away."

He said the Congress central leaders tried to persuade him to reconsider his decision but he made it plain to them that he stood by it.

"I reminded the leadership that I am still in existence," he said on a sarcastic note, adding, they said they took note of it.

Krishna made no secret of his unhappiness over the way he had to step down as Minister for External Affairs in 2012 just days before a major ministry revamp, indicating that he expected a 'graceful' exit.

"2012 onwards there is a way of getting rid of a political leader. The Congress should learn the art of being graceful. They could have told me that we are thinking of some drastic step. It would have been a graceful exit," he said in reply to a query about when his "disillusionment" started.

Asked about his next step, Krishna said, "I am not going to spell out what my future plan is. All that I am reiterating is that I am quitting Congress."

He said: "This is a decision which I have taken without consulting anyone except my wife. What my next step will be, I will have to ponder, contemplate, introspect and look around and take a decision."

He also said he was not retiring from politics, adding, "the word retirement is not in my dictionary."

Krishna said Congress President Sonia Gandhi had given him "special respect."
Asked about the respect shown by Rahul Gandhi, he shot back, "I will not speak about Vice-President. I will speak about President."

To a question if he felt Rahul Gandhi was inefficient and a leadership change was needed, Krishna said, "being a national party, we look to the president not to Vice-President, general secretary and some others... Given my seniority in the party, at this stage, I should look to the President, not to others."

Asked if he would reconsider his decision to quit Congress if Sonia Gandhi makes a request, he said he would not do it.

"It is a question of self-respect and pride." Krishna dismissed a question if he was an aspirant for the post of country's Vice-President and whether he would meet BJP leaders, saying, "do you think I have gone crazy."

Asked if he was not deserting the Congress at a time when it was facing severe challenges, he said, "I am not ditching the party. I am quitting the party. I have struggled for the party for 46 years."

"What will happen. What will not happen. You (media) will have to analyse it," Krishna said, when asked would not his exit from the Congress benefit BJP, which is hoping to come back to power in the 2018 Assembly polls in the state.

Comments

shaji
 - 
Thursday, 2 Feb 2017

Dear SM Krishna, we have great respect for you, however pls dont hurt us and lose our respect by joining anti national/any secular/anti poor party bjp. If you cant help congress please dont hurt the party which gave u respect by chosing you to the post of CM of karnataka. You did a good job and we all respect you. However, dont fall in the nest of some crooks who might offer you higher positions. Dont put your faith/self respect on sale. If you cant do anything, pls take retirement from politics and give chance to youngsters

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Agencies
January 19,2020

Bengaluru, Jan 19: Technology hub Hyderabad has edged out 129 other cities in the world to emerge as the world's most dynamic city, according to the seventh edition of the City Momentum Index by global real estate services firm JLL.

The city has pushed Bengaluru to second place to regain the top position after a gap of one year. Chennai is at fifth and Delhi is at sixth place.

While Hyderabad and Bengaluru are the top two cities globally for socio-economic momentum, a more active real estate market helped elevate Hyderabad to first position in the overall ranking, says the report released by the US-based Jones Lang Lasalle (JLL) on Saturday night.

Hyderabad recorded the highest office net absorption in 2019 (as a proportion of existing stock) of any city globally, while it is also among the world's best-performing cities for prime office rental growth.

While all seven major Indian cities feature in this year's Global Top 20, cities in south India in particular - Hyderabad, Bengaluru and Chennai (5th) "are ahead of their northern peers, supported by favourable demographics and business climates".

"Their expanding tech industries and start-up cultures make them a magnet for young and ambitious talent from across the country, with Bengaluru having one of the world's largest concentrations of 'engine room' population (20-40-year-olds), typically the most dynamic and productive age cohort," says the report.

Kolkata and Mumbai made it to the top 20 and stood at the 16th and 20th positions. Despite an economic slowdown, India leads the 2020 Index with seven Indian cities in the top 20.

"Commercial real estate in south Indian cities is growing at a rapid pace. Hyderabad has seen tremendous growth in 2019 in line with that of Bengaluru. The city has actively embraced technology-driven economic growth and attracted large tech giants and e-commerce players. The state government's focus on business-friendly policies and provision of high-quality infrastructure along with availability of quality talent pool and superior quality business parks has given Hyderabad a competitive edge," said Ramesh Nair, CEO and Country Head - India, JLL.

Telangana's Minister for Information Technology and Industry K T Rama Rao said he was thrilled over Hyderabad not only regaining the top slot but also over the fact that it was competing with cities like Shenzhen and Shanghai in innovation economy.

The minister said 50 percent weightage from socio-economic indicators beside the remaining 50 percent from commercial and real estate was also heartening.

KTR, as the minister is popularly known, noted that in 2014 when Telangana attained statehood, Hyderabad was not even in the list. He recalled that when Telangana was formed there were many doubts as to what would happen to Hyderabad. "It entered the top 20 in 2015 and rose to fifth place in 2016 and third position in 2017. Hyderabad topped the list in 2018 and finished second the last year. This year it is back at the top," he said.

The JLL City Momentum Index identifies a number of key growth drivers, including talent attraction, the expansion of innovation hubs and better urban planning, that cities can employ to meet the challenges faced by rapid momentum.

Several cities in the top 20 stand out as they transform their urban environments in pursuit of a low-carbon future. In India, Hyderabad is looking at technology to reduce the demand for air conditioning with cool roofs that reflect sunlight and absorb less heat, it said.

"The growth of "micro-mobility" is another positive step, illustrated by Hyderabad's introduction of smart bikes and electric cars. Smart city solutions, such as bike rentals, improved quality of life, help increase inclusion and aid in the transition to a low carbon environment."

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coastaldigest.com news network
May 31,2020

Bengaluru, May 31: As many as 299 fresh covid-19 cases reported in Karnataka today. Most of them have interstate travel history.

With this total number of covid-19 cases in Karnataka rose to 3221. 

District wise cases: Raichur 83, Yadgir 44, Bidar 33, Kalaburagi 28, Vijayapura 26, Bengaluru Urban 21, Dakshina Kannada 14, Mandya 13, Belagavi 13, Udupi 10, Davangere 6, Uttara Kannada 5, Ballari, Shivamogga, Kolar 1 each.

Two more deaths reported in the state. One of the patients is a 50 year old male from Raichuru district, who returned from Maharashtra. Another is a 75 year old man, a resident of containment zone in Bidar. With this the number of COVID 19 related deaths rose to 51.

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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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