States in 'dire straits' due to Centre's failure in managing economy: HD Kumaraswamy

News Network
August 29, 2020
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Kumaraswamy

New Delhi, Aug 29: Lashing out at Prime Minister Narendra Modi-led government, former Karnataka Chief Minister HD Kumaraswamy said that states are in "dire straits" due to the failure of the Centre whose "management of the country's economy is flawed and marked by lack of vision".

"The states are in dire straits due to the failure of the Centre whose management of the country's economy is flawed and marked by lack of vision. Instead of asking the states to borrow from the RBI, the Centre itself should borrow from it and compensate the states for the losses," he tweeted.

In a series of tweets, he attacked the Centre over several issues including GST shortfall and also targetted Finance Minister Nirmala Sitharaman over her 'an act of God' remark.

"The irresponsible attitude of the Centre in shirking its commitment towards GST shortfall of the states is condemnable. It has dealt a blow to the federal structure of the country by describing the crisis arising out of COVID-19 pandemic as an unforeseen 'act of God'," Kumaraswamy tweeted.

His response comes a day after Sitharaman referred to COVID-19 pandemic as an "act of God" and said there could be contraction of the economy.

"This year we are facing an extraordinary situation. We are facing an act of God where we may even see a contraction of the economy," she had said.

Alleging that the Centre has literally ruined the economy of states, the Janata Dal (S) leader asked them to resort to borrowings to make up for GST shortfall and also repay them.

"Long ago, architect of the Indian constitution, Dr BR Ambedkar, had expressed concern that the danger of bringing about legislations that establish control over the states' economy through luring cannot be ruled out in the future. Now, the country is staring at such a danger," he said.

He claimed that states that are in a bad economic condition due to COVID-19 and floods are "cursing" the Centre.

"The Centre has placed two options before states. They can opt for borrowing either the GST shortfall amount of Rs 97,000 crores or borrow the entire revenue gap of Rs 2.35 lakh crore that has arisen due to GST shortfall as well as COVID-19 situation," Kumaraswamy said in another tweet.

"Shocked over such a development, the states are bewildered. What can they do if the Centre causes injustice to them citing COVID-19? The states that are in a bad economic condition due to COVID-19 and floods are cursing the Centre," he added.

On Thursday, Finance Miniter Nirmala Sitharaman chaired the 41st Goods and Services Tax (GST) Council meeting.

The Centre has given two options for compensating states on the Goods and Services Tax (GST) to bridge revenue shortfall as the economy faces a prospect of contraction in current fiscal year due to COVID-19 crisis.

The first option provides a special window to states in consultation with the Reserve Bank of India (RBI) to provide Rs 97,000 crore at a reasonable rate of interest. This money can then be repaid after five years from the collection of cess.

The second option is that the entire GST compensation gap of Rs 2.35 lakh of this year can be met by states in consultation with the RBI.

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News Network
January 14,2025

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Incoming American President-elect Donald Trump says the raging wildfires in Los Angeles have caused more destruction than a nuclear impact, warning that the real number of fatalities in the affected areas is likely to far surpass the current death toll.

In an interview with American cable news Newsmax on Monday, he solemnly forecast a sharp rise in the death toll from the devastating Los Angeles wildfires as local authorities deploy cadaver-sniffing dogs to comb through the rubble.

“I believe it’s greater damage than if they got hit by a nuclear weapon. I’ve never seen anything like it. Vast miles and miles of houses just burned to a crisp. There’s nothing standing,” Trump told the outlet.

The colossal wildfires, which started last week, were fueled by hurricane-force winds carrying dry desert air. Since then, at least 24 people have lost their lives, according to the Los Angeles County Medical Examiner.

However, Trump emphasized that the two dozen confirmed deaths are likely to be overshadowed by the actual toll.

“They’re going to find many bodies, you know. Only the dogs will find them, right? You know, German Shepherds will. They can pick out the ashes immediately. It’s amazing. But we’re gonna find many bodies and many more, many more dead,” the incoming president added, as he was blown away by images of the sheer level of destruction caused by the devouring fires.

The wildfires have already burned over 40,000 acres and obliterated more than 12,000 structures, wiping out entire neighborhoods.

“We’re gonna do things with Los Angeles. You know, I’m already putting my developer cap on because it looks literally– I just saw some very guarded pictures of it. And it’s far worse than you even see on television, if that’s believable,” Trump further said.

As expected, the incoming president already blamed the Democrat leadership for the wildfires, particularly slamming California Governor Gavin Newsom for mismanagement of the “apocalyptic” wildfires.

“Governor Gavin Newscum refused to sign the water restoration declaration put before him that would have allowed millions of gallons of water, from excess rain and snow melt from the North, to flow daily into many parts of California, including the areas that are currently burning in a virtually apocalyptic way,” Trump said on January 8.

As of Monday, over 92,000 people in Los Angeles County were under evacuation orders, a decrease from the previous peak of more than 150,000, while an additional 89,000 were facing evacuation warnings.

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News Network
January 16,2025

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Mumbai: In a shocking incident that has shaken Mumbai, actor Saif Ali Khan was stabbed six times in his residence in Bandra, one of the city’s most affluent areas. Sources in the police revealed that the attacker is suspected to have ties to one of the house helps, who reportedly facilitated the intruder's entry into the actor’s home. The house help is currently under police questioning.

The 54-year-old actor, who sustained one stab wound dangerously close to his spine, underwent surgery at Lilavati Hospital and is now reportedly out of danger.

Mumbai Police, under scrutiny after the audacious attack, stated, "An unidentified person intruded in the residence of actor Saif Ali Khan. The actor and the intruder had a scuffle. The actor is injured and is being treated. Investigation is going on."

CCTV footage at the actor’s residence did not show any unauthorized entry in the two hours leading up to the incident, leading investigators to believe that the attacker had gained access earlier and was waiting for the right moment to strike. Efforts are underway to identify the culprit from available CCTV footage.

Opposition Slams Government on Law and Order

The attack has sparked widespread criticism of Maharashtra’s law and order situation, with the Opposition targeting Chief Minister Devendra Fadnavis and his government. Shiv Sena (UBT) MP Priyanka Chaturvedi questioned Mumbai’s safety standards, particularly in Bandra, an area known for its high concentration of celebrities.

“What a shame that Mumbai sees another high-profile attack. The incident involving Saif Ali Khan raises serious questions about the safety provided by Mumbai Police and the Home Minister,” said Ms. Chaturvedi. She also referenced the murder of veteran politician Baba Siddique and the firing outside actor Salman Khan's home, calling it a series of deliberate attacks aimed at undermining Mumbai’s security.

“Baba Siddique’s family is still waiting for justice. Salman Khan lives in a bulletproof house. Now Saif Ali Khan is attacked—all in Bandra. If celebrities aren’t safe, who in Mumbai is? Wishing Saif Ali Khan a speedy recovery,” she added.

Celebrities Demand Action

Actor Pooja Bhatt also expressed her outrage over the incident, calling for increased police presence in Bandra. Taking to social media platform X, the 52-year-old actor demanded immediate action from authorities, tagging Maharashtra Chief Minister Devendra Fadnavis, his deputies Eknath Shinde and Ajit Pawar, and minister Ashish Shelar.

“Can this lawlessness please be curbed @MumbaiPolice @CPMumbaiPolice? We need more police presence in Bandra. The city, especially the queen of the suburbs, has never felt so unsafe before,” Bhatt tweeted. She further emphasized, “We have laws, but what about order?”

The incident has not only highlighted glaring security lapses in Mumbai but has also intensified the ongoing debate about the safety of both celebrities and ordinary citizens in India’s financial capital. Investigations are ongoing as the police work to apprehend the attacker and restore confidence in the city's safety.

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News Network
January 9,2025

Udupi: In a shocking case of cyber fraud, a 38-year-old woman from Karkala in Udupi district, has reportedly lost Rs 24 lakh to a digital arrest scam. The victim, Preema Sheril D'Souza, fell prey to a fraudulent scheme orchestrated through fake calls and threats.

According to the complaint filed, the incident unfolded on Tuesday when Preema received a call at 12:30 pm from an individual claiming to represent the Delhi Telecom Department. The caller alleged that another SIM card had been purchased using her Aadhaar number and was being used for illegal activities in Uttar Pradesh, leading to multiple cases being registered against her.

To add credibility to the scam, the caller arranged a video call where a person dressed as a police officer introduced himself as a CBI official. This individual instructed her to cooperate with the "investigation" and warned her not to disclose the matter to anyone. The scammer also issued threats, claiming that harm would come to her husband and child if she failed to comply.

Under duress, Preema was coerced into sharing her bank account details and transferring a staggering Rs 24 lakh to accounts specified by the fraudsters. She transferred Rs 14 lakh to an account in Federal Bank and Rs 10 lakh to an account in Yes Bank via RTGS from her Fixed Deposit account. The threats of an arrest warrant further pressured her into complying with the scammers' demands.

Upon realizing the fraud, she reported the incident to the authorities. A case has since been registered at the Karkala Rural Police Station, and investigations are underway.

This incident serves as a critical reminder to stay vigilant against such scams. Individuals are advised to verify the identity of callers and refrain from sharing sensitive information or transferring money without proper authentication. If you encounter similar fraudulent activities, report them immediately to the police or cybercrime cell.

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