Karnataka budget 2023: Siddaramaiah announces pro-farmer measures after withdrawing BJP’s APMC Act amendment

News Network
July 7, 2023

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Bengaluru, July 7: Chief Minister Siddaramaiah, who presented his 14th Budget today said that new Congress government in Karnataka expects the Agricultural Produce Market Committees to work in the best interest of the farmers and ensure a fair price for their produce. 

“Our government in its earlier tenure took several measures to strengthen the APMCs and introduced online market system, the first-of-its-kind in the country," CM Siddaramaiah said.

"However, by amending the APMC Act, the previous BJP government weakened the healthy marketing network and created uncertainty in lives of lakhs of farmers who depended on APMCs for their livelihoods. Before the amendment to the APMC Act, the total income of 167 APMCs of the State in 2018-19 was between Rs. 570 crore to Rs. 600 crore, which has drastic D crore to Rs. 193 crores in 2022-23 after the ACT was amended. Besides, there are many instances before us of private companies deceiving and exploiting farmers in the open market. Our government has decided to withdraw the anti-farmer ACt to in order to protect the interest of farmers," CM Siddaramaiah said.

New announcements 

>> Short term interest free loan up to Rs. 3 lakh will now be increased to Rs.5 lakh. Similarly, medium and long term loan at 3% interest up to Rs.10 lakh will now be increased to Rs.15 lakh. Through this revised scheme, approximately, Rs. 25,000 crore worth loans will be disbursed to more than 35 lakh farmers.

>> Government will provide interest subsidy up to 7% on bank loans up to Rs. 20 lakh to farmers for construction of godowns to store produce of farmers and their neighbors.

>> Loan up to Rs. 7 lakh at the rate of 4% Interest will be provided to purchase four wheeled vehicles (pick up van) for transporing-agricultural produce and equipment for farmers for agricultural activities in hilly tracts of Shivamogga, Chikkamagaluru, Hassan, Dakshina Kannada, Kodagu, Uttara Kannada and Udupi Districts.

>> Mini cold storages will be established in collaboration with KAPPEC in 50 selected vegetable markets of the State to prevent distress sale of perishable commodities like fruits, flowers and vegetables and help farmers secure a fair price for the produce.

>> For the economic self-reliance of fisherwomen and to assist them in the expansion of business, interest-free loans provided by banks will be increased from Rs. 50,000 to Rs. 3 lakh.

>> The government will offer subsidized diesel provided to fishermen's boats will be increased from 1.5 lakh kilo litres to 2 lakh kilo litres. This will amount to financial assistance of Rs.250 crore in 2023-24.

>> For the benefit of Silkworm farmers of Chikkaballapura and the Kolar, the government approves 75 crore to set up of a high-tech silk cocoon marketin Sidlaghatta.

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News Network
November 21,2024

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After the US prosecutors charged Gautam Adani with bribery and fraud, Congress reiterated its call for a Joint Parliamentary Committee (JPC) probe into the transactions of the Adani group, and hit out at Prime Minister Narendra Modi, alleging an "internal nexus" between him and "his favourite businessman."

Senior Congress leader Jairam Ramesh said the indictment of Gautam Adani and others by the US Securities and Exchange Commission validates his party’s call for a Joint Parliamentary Committee investigation.

The Congress has been pushing for the probe since January 2023, raising concerns over alleged irregularities involving Adani and his business dealings, said Ramesh.

Ramesh referred to the party’s “Hum Adani ke Hain” series, where 100 questions were raised about the alleged scams and the links between Prime Minister Narendra Modi and Gautam Adani.
He noted that the questions remain unanswered, reiterating the need for accountability in the matter.

The US prosecutors have charged Adani with deceiving investors by concealing information about his firm's solar energy project in India, which allegedly involved bribery.

Adani has been charged with securities fraud and conspiracy, according to an indictment unsealed on Wednesday. The case focusses on an agreement between Adani Green Energy Ltd. and another organisation to supply 12 gigawatts of solar power to the Indian government.

'BETRAYAL OF INDIAN INVESTORS'

Congress leader Pawan Khera described the allegations against Gautam Adani and his conglomerate as a “betrayal of Indian investors.”

Taking to X, Khera outlined the US charges, including claims that Adani’s group bribed Indian government officials between 2020 and 2024 to secure contracts. Citing media reports, he also pointed out that Gautam Adani personally met a government official to advance the scheme.

Khera referred to a March 2024 incident where the Adani Group allegedly misled the Bombay Stock Exchange and the National Stock Exchange, calling it a “grave violation of investor trust.”

He further highlighted a March 2023 FBI raid on the premises of Sagar Adani, Gautam Adani’s nephew, where electronic devices were seized as part of the investigation.

'SEBI NOT ABLE TO PROVE ANY CHARGES AGAINST ADANI'

Shiv Sena (UBT) leader Priyanka Chaturvedi criticised central probe agencies following US charges against Gautam Adani and others in an alleged bribery case linked to solar energy contracts.

Chaturvedi raised concerns about corporate governance and regulatory oversight in the country. “They talk about corporate governance, responsibility, and accountability. The industrialists should be asked to follow the rules and regulations, but even the agencies were defending him. The SEBI has not yet been able to prove charges against him,” she said, pointing to what she viewed as failures in ensuring accountability.

'BROUGHT DISREPUTE TO INDIA'

On US charges against Gautam Adani, AAP leader Sanjay Singh called for a probe against the industrialist. He said that the probe should be conducted by an investigation agency under the Supreme Court.

"Adani Group has brought disrepute to India. This is a very serious matter. The PM of India should come forward and answer this. All the pending matters against Adani should be probed by an investigation agency under Supreme Court monitoring, and all the corruption done by him, within and outside the country, should come out before the country and action should be taken against him," he said.

BJP DFENDS

BJP IT cell chief Amit Malviya responded sharply to the Opposition’s criticism regarding allegations involving Adani Green Energy and US-based Azure Power. He pointed out that the charges in the indictment are only allegations and emphasised, “The defendants are presumed innocent unless and until proven guilty.”

Malviya argued that the crux of the case concerns agreements to supply 12 GW of power to the Solar Energy Corporation of India (SECI), contingent on SECI securing power purchase agreements with state electricity distribution companies (SDCs).

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News Network
November 16,2024

Mangaluru: The Kavoor police in Mangaluru, Karnataka, have arrested three individuals from Kerala in connection with two separate cybercrime cases, including one involving extortion under the guise of a "digital arrest."

City Commissioner of Police Anupam Agrawal reported that one of the arrested individuals, Nisar, a resident of Ernakulam district, posed as a CBI officer. He allegedly threatened the complainant with arrest and extorted Rs 68 lakh. A case has been filed under sections 66 (C) and 66 (D) of the IT Act, and sections 308 (2) and 381 (4) of BNS.

In another case, the Kavoor police arrested two men, Sahil K P of Thiruvannur, Kozhikode, and Muhammad Nashath of Mappila Koyilandy, Kerala, in connection with a share trade fraud. The accused are alleged to have deceived the complainant by promising substantial profits from an investment in the stock market. Trusting the fraudsters, the complainant invested Rs 90 lakh, which was subsequently lost. A case has been registered under sections 66 (C) and 66 (D) of the IT Act, and sections 318 (4) and 3 (5) of BNS.

The accused were arrested in Koyilandi and presented before the court. The operation was carried out under the guidance of City Police Commissioner Anupam Agrawal, led by Mangaluru North Sub-Division ACP Srikanth K, Kavoor Inspector Raghavendra Byndoor, Kavoor PSI Mallikarjuna Biradara, and staff members Ramanna Shetty, Bhuvaneshwari, Rajappa Kashibai, Praveen N, and Malatesh. 

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News Network
November 27,2024

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Gaza health authorities say Israel’s military has "erased” over 1,400 Palestinian families in the besieged territory over the past year.

The Health Ministry said in a statement on Tuesday that the Israeli regime "completely erased about 1,410 families, numbering 5,444 people, from the civil registry during the same period.”

It said that there were 3,463 families with only one survivor, while 2,287 families had more than one survivor.

In northern Gaza, Israel’s warplanes have continued dropping bombs over Palestinian families, Palestinian news agency Wafa reported.

It said one airstrike hit a family home in Jabalia, causing numerous casualties on Tuesday.

According to Gaza's civil defense agency, at least seven people were killed and several others wounded in the attack.

Another person was killed in a strike on a house in nearby Beit Lahia, a town in northern Gaza, which has been declared “a disaster area" by the municipality due to "the Israeli war of extermination and siege, and it has no food, water, hospitals, doctors, services, or communications."

The health ministry said, “Israeli forces killed 14 people and injured 108 others in three massacres of families in the last 24 hours.”

“Many people are still trapped under the rubble and on the roads as rescuers are unable to reach them.”

International organizations and leaders believe that Israel’s genocidal war, now in its second year, is a deliberate attempt to destroy the population of Gaza.

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