Pramod Madhwaraj is 10th richest state minister in India

[email protected] (CD Network)
August 9, 2016

Udupi, Aug 9: Pramod Madhwaraj, the minister for fisheries, sports and youth affairs, Karnataka is the 10th richest state minister in India, according to a report by Association for Democratic Reforms (ADR).

Pramod-Madhwaraj

Mr Madhwaraj, who represents Udupi constituency in Karnataka Legislative Assembly, had entered the state cabinet through a recent cabinet reshuffle.

Son of former MLA Late Malpe Madhwaraj and former minister Manorama Madhwaraj, the Mogaveera community stalwart is the proprietor of Raj fish meal and oil company, Malpe, which is the largest manufacturer of fish meal and fish oil in India.

Mr Madhwaraj is the chairman of Canara Jewel Tex Pvt. Ltd, which runs a large mall of gold and sarees in Udupi district, called The Wedding Palace'. He is the managing partner of Coronet fish products, an exporter of canned fish. He is also the chairman of Malpe Manipal Builders.

Four from Karnataka

Interestingly, four of the country's 10 richest state ministers are from Karnataka, and 97% of this south Indian state's ministers are crorepatis. Energy minister D K Shivakumar is the second richest state minister in the country with assets worth Rs 251crore.
Labour minister Santosh Lad comes in third with assets worth Rs 186 crore. Planning minister M R Seetharam ranks sixth with assets worth Rs 136 crore and Mr Madhwaraj is in 10th place with Rs 105 crore.

Those with high assets have their liabilities too and again, Shivakumar tops this list with liabilities of Rs 105 crore, Seetharam comes in third with Rs 53 crore, Madhwaraj is fourth with Rs 44 crore and water resources minister M B Patil ranked 10th with Rs 19 crore. Patil's assets are worth Rs 40 crore.

Andhra Pradesh minister Ponguru Narayana who is the richest minister with assets worth Rs 441crore and liabilities of Rs 44 crore.

The 'poorest' minister in the country is Samajwadi Party's Tej Narayana from Faizabad constituency in Ayodhya, who has declared assets of just Rs 66,612.

ADR in a statement said it sourced the details from the affidavits filed by ministers at the time of submitting nomination papers to the Election Commission. Declarations of a total of 609 ministers out of 620 have been analysed from 29 state assemblies and two Union Territories by ADR.

Also Read: 

Udupi MLA Pramod Madhwaraj buys Rolls Royce Ghost for Rs 5.8 crore!

34% state ministers in India criminals, 97% ministers in Karnataka crorepatis

Comments

Rikaz
 - 
Wednesday, 10 Aug 2016

These richest should start some kind big industries and provide employment opportunity to all unemployed around that area.

Youth
 - 
Wednesday, 10 Aug 2016

dear all,

I dont know anything about other ministers, But Mr. Pramaod he is a well known person. he thinks about the poor people. you guys might not knowing, how much he donate the money to all kind of activities and for the people. At last he is not even interested in corrupted money. God has given him alloott.. Please think twice to comment if you dont know anything.

HONEST
 - 
Tuesday, 9 Aug 2016

Hope his richness helps the POOR of our society...

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 18,2025

Sullia, Jan 18: In a shocking incident, a man shot his wife dead during a fit of rage over a minor argument and later took his own life by consuming poison. The heartbreaking event unfolded late Friday night in Kodimajalu in Sullia taluk of Dakshina Kannada.

The accused, identified as Ramachandra Gowda alias Chandra (53), used his licensed firearm to commit the crime. His wife, Vinoda (43), tragically lost her life in the incident.

On the fateful night, Ramachandra reportedly started an argument with his family after dinner over a trivial matter. The heated exchange escalated, and in a fit of uncontrollable anger, he allegedly aimed his firearm at his elder son, Prashanth. Vinoda intervened to prevent the attack, attempting to wrest the gun from Ramachandra.

However, enraged by her intervention, Ramachandra turned the gun on Vinoda and shot her, leaving her dead on the spot. Overwhelmed by the gravity of his actions, he consumed acid, commonly used for rubber processing, to end his own life.

Based on Prashanth’s statement, a case has been registered at the Sullia police station. The tragic sequence of events has left the village in shock and mourning, raising concerns about the unchecked escalation of domestic disputes.

This devastating incident underscores the importance of addressing domestic tensions before they spiral into irreversible tragedies.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 17,2025

jaishankar.jpg

Bengaluru: External Affairs Minister S Jaishankar asserted on Friday that the opening of "long-in-waiting" US consulate in Bengaluru was the "very important milestone" in the bilateral ties and urged the American authorities to ensure that the mission starts visa operations at the earliest.

"This will be my number one talking point with Secretary (of State Nominee Marco) Rubio when I go and see him. The sooner we get it done, the better it is," said Jaishankar.

The External Minister was in Bengaluru today to attend the "site dedication ceremony" of the fifth United States consulate in India, which will start operating in Bengaluru soon.

Delivering his speech, Eric Garcetti, US Ambassador to India, said the consulate in Bengaluru will not be offering visa services for the time being.

In his speech, Jaishankar pointed to statistics to nudge the US to get around to issuing visas from Bengaluru as early as possible.

"I was checking figures, and was very glad to see that last year, the RPO (Regional Passport Office) Bengaluru issued 8,83,000 passports. That's just for one year. Do the math, and you will see how important it is to ensure that travel is smooth," added Jaishankar.

He also added that there are three flights every week from here to San Francisco. "Hopefully, if Boeing and Airbus deliver, there'd be more. I think that's a legitimate expectation," said Jaishankar.

Jaishankar said a US consulate in Bengaluru has been "long-in-waiting".

"One, which I believe, Bengaluru legitimately deserved and expected," he added.

"I think Bengaluru has such an important place that it was for me an imperative that there is a permanent resident presence of American diplomats here," said Jaishankar.

He also said every time he had visited the city in the last five years, there was always somebody who would ask him, 'so, when is that consulate coming?'.

"It was from, really, I would say, the cross section of the society. It was from businessmen; it was from the tech world; it was from academics. It was even from people you would meet in a restaurant," added Jaishankar.

According to him, Prime Minister Narendra Modi in June 2023 had brought up the issue of opening a consulate in Bengaluru when he visited the US.

He also said India had promised to open a consulate in Los Angeles if the United States "get the Bengaluru consulate done". He said now, with the opening of the consulate, collaborations in defence and education would reach new heights.

"I think the formal opening of this consulate is one more sign that we are overcoming the hesitations of history. It is now within our grasp, within the realm of possibility, that we realise more fully the potential of India-US relations. And I think it is important that Bengaluru too realises its potential in the relationship," said Jaishankar.

In his address, US Ambassador Garcetti, who would be relinquishing his responsibility in India soon, said he was glad that getting a consulate up and running in Bengaluru would be his last task in India.

"You know, our relationship in India is not new. Our second consulate in the world was here in India. After the independence of a new America in 1776, we opened a consulate in Lyon, France, and then the second was in Kolkata, showing, back then, the importance of India to a new American nation," said Garcetti.

India, said Garcetti, is now the second largest mission of America anywhere in the world.

"It produces the second most visas, the most students we're breaking records every single year '“record employees, record visas, record students, record military exercises, record engagement from the seabed to space," added Garcetti.

Deputy Chief Minister D K Shivakumar, who was also present during the "site dedication ceremony" said the opening of the consulate in Bengaluru is a testament to the growing importance of Karnataka in the global stage.

"Nowadays, the world is looking at India through Bengaluru. We know there are a lot of hiccups there, as Bengaluru is not a well-planned city. But still the city has proved itself to be the safest city in the entire country for the global firms to have their headquarters," said Shivakumar.

Other dignitaries present for the ceremony include MP Tejasvi Surya, Karnataka's Minister for Large & Medium Industries and Infrastructure Development M B Patil, Minister for IT & BT Priyank Kharge.

Several entrepreneurs from the city, including Kiran Mazumdar-Shaw, executive chairperson and founder of Biocon Limited and Biocon Biologics Limited, had also attended the 'site dedication ceremony'.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.