Bengaluru, Sep 25,2024: A Karnataka special court on Wednesday directed the Lokayukta to conduct an inquiry into allegations of irregularities in the Mysuru Urban Development Authority (MUDA) allotments to people linked to Chief Minister Siddaramaiah’s family.
The Lokayukta has been instructed to submit its findings within three months.
This ruling follows the Karnataka High Court’s dismissal of Siddaramaiah’s plea against the governor’s August 16 order which sanctioned an investigation under Section 17A of the Prevention of Corruption (PC) Act, 1988.
The governor’s approval was prompted by complaints from activists S P Pradeep Kumar, T J Abraham, and Snehamayi Krishna, who accused the chief minister of benefiting from the illegal allotment of valuable MUDA plots.
The case revolves around the alleged illegal allocation of 14 replacement plots worth Rs 56 crore, given in exchange for 3 acres and 16 gunte of land from survey number 464 at Kesare village in Mysuru. The complaint alleges that Siddaramaiah used his influence to manipulate MUDA officials into approving this transaction, resulting in substantial financial benefits.
The activists approached the governor in mid-2023, seeking permission to investigate and prosecute the Chief Minister. Following their request, the governor authorised the investigation on August 17.
However, Siddaramaiah challenged this decision in the Karnataka High Court on August 19, seeking a stay on the governor’s order. His counsel argued for an injunction, while the opposing counsel objected.
The High Court’s response affirms the Governor’s permission for a preliminary investigation, indicating that the case merits further scrutiny. As the inquiry proceeds, the political and legal implications of this ruling are expected to resonate throughout Karnataka’s political arena.
Kinshasa, Sep 3,2024: At least 129 prisoners were killed and 59 others injured in an escape attempt at Makala Central Prison early Monday in the capital of the Democratic Republic of the Congo (DRC), the DRC government announced early Tuesday.
The provisional death toll reached 129, including 24 by gunfire after a “warning,” and the others by “shoving or suffocation,” said Deputy Prime Minister and Minister of Interior and Security Jacquemain Shabani, specifying that at least 59 injured inmates were taken care of by the government, as well as some women who had been reportedly raped.
He said the administrative building, the registry, the infirmary, and food depots were set on fire during the accident.
Gunshots were heard for several hours at Makala Central Prison in the early hours of Monday, witnesses told Xinhua.
In July, Justice Minister Constant Mutamba decided that 1,284 inmates at the Makala Central Prison would be granted conditional release to ease overcrowding.
New Delhi, July 23,2024: The Modi 3.0 government’s first Budget on Tuesday announced a Rs 2 lakh crore package to create more jobs while making the tax regime attractive for foreign companies and providing marginal income tax relief to the salaried class.
The Budget presented by Finance Minister Nirmala Sitharaman in Parliament maintained higher Capex to support growth and loosened purse strings for projects in Andhra Pradesh and Bihar to appease crucial National Democratic Alliance (NDA) allies Telugu Desam Party (TDP) and Janata Dal (United).
“I am happy to announce the Prime Minister’s package of 5 schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over a 5-year period with a central outlay of Rs 2 lakh crore,” Sitharaman said while presenting the seventh successive Budget.
The Minister said that one crore youth will be skilled by top companies in five years. A 12-month internship program with a monthly allowance of Rs 5,000 was also announced.
The stock market response to the Budget was lukewarm with the BSE Sensex shedding 73 points.
Hailing the Budget, Prime Minister Narendra Modi said that it ensures inclusive growth, benefiting every segment of society and paving the way for a developed India.
Leader of Opposition (LoP) Rahul Gandhi, who has been aggressive in cornering the government over a host of issues, termed the Budget as ‘Kursi Bachao’ Budget – indirectly referring to the government’s compulsion to keep the allies happy.
Earlier, Sitharaman announced a special financial package of Rs 15,000 crore for Andhra Pradesh and said that concerted efforts would be made to fulfill the commitments under the Andhra Pradesh Reorganisation Act. The Finance Minister said that the special financial package will be arranged in the current financial year to develop the capital of Andhra Pradesh.
In the case of Bihar, Sitharaman announced that the Centre will support development of an industrial node at Gaya on Amritsar-Kolkata Industrial Corridor. Road connectivity projects worth Rs 26,000 crore would also be taken up in the state. The road projects include Patna-Purnea Expressway, Buxar-Bhagalpur Expressway and additional two-lane bridge over the Ganga at Buxar.
Despite unveiling several populist schemes, Sitharaman stuck to fiscal prudence and pegged the fiscal deficit at 4.9% of the GDP for FY25 from the earlier estimate of 5.1% projected in the interim Budget this year. She emphasized that the fiscal consolidation path announced by her in 2021 has served the economy very well, and the government will aim to reach a deficit below 4.5% next year.
Tax buoyancy and record dividend transfer by Reserve Bank of India (RBI) have contributed to the government’s lower fiscal deficit target.
Ahead of three state elections, the Budget has made an all-out attempt to woo voters, especially the youth and salaried middle class. In the new tax regime, it has enhanced standard deduction to Rs 75,000 from Rs 50,000, resulting in a saving Rs 17,500. As a result, no income tax will be payable for income up to Rs 3 lakh annually.
The Budget also provided impetus to manufacturing by proposing 12 “Plug and Play” industrial parks, reducing compliance burden for MSMEs and setting up e-commerce export hubs. It also exempted nearly two dozen critical minerals from custom duties.
Looking to take forward the success in local manufacturing of electronics, the Budget 2024-25 has also proposed to cut basic custom duty (BCD) on mobile phones, mobile PCBA (printed circuit board assembly) and mobile chargers to 15% from 20%.
In order to enhance domestic value addition in gold and precious metal jewellery in the country, the Finance Minister proposed to reduce customs duties on gold and silver to 6% and that on platinum to 6.4%. The lower custom duty would mean prices of these items going down.
At the same time, Sitharaman also provided relief to cancer patients exempting three more cancer drugs from customs duties.
For boosting foreign capital inflows, the Budget also proposed to reduce the corporate tax rate on foreign companies from 40 to 35 per cent. Seeking to bolster the Indian start-up ecosystem, Sitharaman announced to abolish angel tax for all classes of investors.
Top industry body CII hailed the Union Budget saying it provides continuity to India’s successful holistic economic strategy to drive growth with inclusion.
“The Union Budget 2024-25 takes forward the government’s successful economic strategy of the previous two terms, led by investments and reforms and focused on inclusion and empowerment. The announcement on collaboration with States to take forward the next gen reforms with the twin objectives of employment generation and growth, is a welcome step,” CII director general Chandrajit Banerjee said.
Infrastructure boost remained the cornerstone of the Budget as in the previous year with the Finance Minister provisioning Rs 11.11 lakh crore for capital expenditure (capex) during FY25. Housing for the poor under PM Awas scheme and expansion of rural road network were some of the key highlights of the Budget.
Another key focus area of the Budget was energy security with the Minister promising to bring out a policy document on appropriate energy transition pathways that balances the imperatives of employment, growth and environmental sustainability. Solar energy also got a special boost in the Budget.
Thiruvananthapuram, July 8 (UNI) NASSCOM-associated FAYA:80, a knowledge community based at Technopark, will host a seminar on Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR) on July 10.
The seminar is planned as part of FAYA:80’s 117th edition of the open-for-all tech seminar. It will explore the AVGC-XR sector in India, which is projected to become a USD 26 billion industry by 2030.
Mr. Nikhil Chandran, CEO of TILTLABS; Ms. Neha Mehta, Chief Operating Officer, AnimationXpress.com, a leading News Hub for the Indian AVGC applications ecosystem, and its Director, Mr. Mishaal Wanvari, will lead the sessions.
The seminar, to be held at FAYA “Floor of Madness,” Thejaswini Building, Technopark, here at 5 p.m., will delve deep into AVGC-XR from Kerala as well as the opportunities and trends in the sector across the country.
The programme offers a platform where tech enthusiasts can discuss the rise of AVGC-XR and understand how the industry is projected to grow in the coming years.
For registration, visit: https://makemypass.com/faya-port-80-beyond-reality-avgc-xr-in-action-kerala.