New Delhi, Nov 21: In a strong defence of the Karnataka government's move to cancel ration cards, Chief Minister Siddaramaiah on Thursday clarified that only government employees and income tax payers are being weeded out from the Below Poverty Line (BPL) list, not eligible poor beneficiaries.

Talking to reporters, Siddaramaiah asserted that the cancellation is in line with the National Food Security Act, which explicitly bars government employees and income tax payers from receiving BPL ration cards.

He accused the Bharatiya Janata Party (BJP) of raising a politically motivated issue despite originally opposing the food security legislation.

"The rights of eligible ration card holders will be fully protected," the chief minister emphasised, dismissing opposition claims that the move was linked to fund constraints for implementing poll promises.

ALSO READ: Karnataka to reissue BPL cards for eligible families: Deputy CM DK Shivakumar

The controversy stems from the Karnataka government's recent survey identifying 22.63 lakh BPL card-holders as ineligible. This move has triggered a political slugfest between the ruling Congress and the BJP.

Union Food Minister Pralhad Joshi claimed the central government had directed the state to clean the beneficiary lists. He alleged that the card cancellation was a strategy to avoid implementing the state's Gruha Lakshmi Yojana scheme.

Siddaramaiah hit back, reminding that the food security law was introduced during the Manmohan Singh government in 2013 to protect poor citizens' interests. He criticised the BJP for previously reducing food grain allocation from seven kg to five kg per beneficiary during B S Yediyurappa's tenure.

The chief minister categorically stated that there would be no compromise on the five poll guarantees and that sufficient funds were available for their implementation.

Siddaramaiah was in the national capital for the launch of Karnataka Cooperative Milk Producers' Federation Ltd's Nandini brands in Delhi. He also met Union Finance Minister Nirmala Sitharaman on the issue of farm loan.

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New Delhi, Nov 22: Flipkart's co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech company said on Friday.

PhonePe also announced the appointment of Manish Sabharwal as an Independent Director and Chair of its Audit Committee.

In this role, Sabharwal will be instrumental in upholding the integrity and effectiveness of PhonePe's financial reporting, internal controls, and risk management practices, he company said in a release.

"PhonePe also announced that Flipkart's co-founder, Binny Bansal has stepped down from its Board of Directors. Binny acquired PhonePe in 2016 and has been on its Board since then," the release said.

Commenting on the board rejig, Sameer Nigam, CEO and Founder of PhonePe said, "I would like to express my heartfelt gratitude to Binny Bansal for being one of PhonePe's earliest and staunchest supporters. His active engagement, strategic guidance, and personal mentorship have profoundly enriched our discussions. Binny will be missed!"

Nigam further said that Sabharwal's depth of understanding of India's macro economy, coupled with his leadership in shaping India's policies for education, employment, and employability will be invaluable as PhonePe continues to work ahead towards shared vision of a Viksit Bharat by 2047.

Sabharwal is Vice-Chairman of Teamlease Services, India's largest staffing and human capital firm.

Bansal played an instrumental role in Flipkart's acquisition of PhonePe way back in 2016 and had been on its board since then (the payments firm separated from Flipkart in 2022).