Yeddyurappa has no knowledge of economics: Siddaramaiah

DHNS
October 16, 2017

Mysuru, Oct 16: Chief Minister Siddaramaiah on Sunday lambasted BJP state president B S Yeddyurappa for accusing the state government of misusing funds and also defended the government’s move to divert surplus funds from Mysore Minerals Limited (MML) to cooperative banks.

Speaking to reporters at Mysore Airport in Mandakalli near here, Siddaramaiah said Yeddyurappa does not have even minimum knowledge about economics. “Who is he to speak about financial matters?” he asked.

The chief minister said that the government directed MML to deposit Rs 1,000 crore with the Apex Bank to waive farmers’ loans as the government did not allocate funds for it in the budget. “What is wrong in diverting government’s money to banks for the welfare of the farmers. Is MML a foreign company? MML funds belong to the government and it is a common procedure,” he said.

The government will return the money in the next budget. Yeddyurappa, who had served as finance minister, does not know anything about MML,” he said.

Yeddyurappa had earlier said that the government has been misusing funds and pressuring MML to deposit money with the Apex Bank.

Siddaramaiah said the financial condition of the state is stable and former prime minister Manmohan Singh, also an economist, has appreciated the state.

Comments

Hari
 - 
Monday, 16 Oct 2017

Siddu knows better. so he loots without getting leak

Unknown
 - 
Monday, 16 Oct 2017

Should stop unwanted controversial statements. Not only from cong. Bjp people also should stop. Then half of the problem will be saved automatically

Kumar
 - 
Monday, 16 Oct 2017

Yeddy has some knowledge of economics. Thats why he looting

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News Network
February 26,2020

Feb 26: The Tamil Nadu government on Tuesday claimed that it prevented Karnataka from discussing the contentious Mekedatu reservoir issue at the Cauvery Water Management Authority (CWMA) meeting held in New Delhi.

Besides the representatives of Tamil Nadu and Karnataka at the fifth meeting of CWMA, presided over by Central Water Commission Chairman R K Jain, officials of Kerala and Puducherry also participated.

CWMA member and TN PWD Secretary K Manivasan told reporters after the meeting that the state government prevented Karnataka from discussing the dam issue by pointing out the pending petitions in the Supreme Court against the project filed by the E Palaniswami government.

"We have told participants of the meeting that Mekedatu reservoir will be against the interests of Tamil Nadu and its farmers. Our consistent stand is that it should not be built at any cost. Finally the issue was not discussed in the meeting," Manivasan said.

The Mekedatu reservoir is proposed to be constructed by Karnataka across Cauvery river near Mekedatu, about 110 km from Bengaluru, in Kanakapura taluk.

It was first proposed along with Shivanasamudra hydro power project at Shimsa in 2003 with an intention to use the water for a hydro power station and supply drinking water to Bengaluru city. It was designed to store 67 tmc feet of water.

While Tamil Nadu is claiming that the construction of a balancing reservoir will disturb Cauvery water flow to the state affecting irrigation, Karnataka says the project is basically designed to take care of the drinking water needs of Bengaluru after releasing water to Tamil Nadu as per the quantum specified by the Cauvery water disputes tribunal.

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News Network
January 25,2020

Mandya, Jan 25: A woman committed suicide by jumping into Vishveshwaraiah Canal after throwing her two children into the canal near Thibbanahalli in the Taluk, police said on Saturday.

The deceased have been identified as Jyothi (33), Nisarga (7) and Pavan (4), of Hullenahalli.

According to police, the incident occurred on Friday.

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News Network
January 23,2020

Bengaluru, Jan 23: An alleged low-intensity blast on Wednesday late evening in Shanthinagar left three-time Congress MLA NA Harris and six others with burn injuries. The blast reported at around 8:30 pm during a cultural programme gripped the central parts of Bengaluru in a panic especially after the incident of police recovering a live bomb in Mangaluru airport. 

According to sources in Shanthinagar, MLA Harris was attending the birthday celebrations of MGR organized by the locals close to his residence in Shanthinagar. Following the blast, Harris and a few others who standing close to the MLA sustained burn injuries and rushed to the nearby Philomena Hospital immediately and police officials from both the Ashok Nagar and Vivek Nagar visited the spot. The police officials are yet to confirm whether it was a bomb blast or due to the bursting of loud and powerful crackers. 

Chethan Singh Rathore, DCP (Central) visited the hospital and the blast site. A team of forensic science lab experts have also been summoned to the spot to collect samples for ascertaining the nature of the blast. MLA Harris’s son Mohammed Nalapad who rushed to the hospital along with supporters told media persons that they are completely shocked by the incident. 

“He was sitting on a chair and suddenly something that was hurled at him exploded beneath the chair. He sustained injuries to his leg and brought to the hospital. He is being treated by a team of doctors and other injured supporters are also being attended to by the doctors,” Nalapad said. 

Expressing shock over the incident, he said, “My father has been an MLA for 12-years and nothing of this sort had happened before in the constituency. We have no rivals and my father never had any gunmen. We are all shocked and have complained to the jurisdictional police.” 

Meantime, Dr Shankar Prasad, Medical Director, St Philomena’s Hospital explained that Harris and others are currently being treated for minor injuries. “None of them have any open cut injuries and they are being examined further,” Dr Prasad told DH. 

According to Dr Prasad, Harris had a minor blood clot in his left leg which was possibly due to a hard object hitting him during the blast. “We have taken X-Ray and examining further. At the look of it, it seems like a very minor injury,” he added. 

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