Koppal,April.25: Former BJP MP Shivaram gowda , a strong aspirant for assembly seat has resigned from BJP and joined Congress. He accused that the party has ignored him and failed to give him a position befitting his stature.
He had participapted in the road show of Paranna Munavalli , BJP candidate for Gangavathi and had accompanied him during filing of nomination. In a sudden twist, he resigned from BJP and joined congress. He said he was strong aspirant for assembly ticket. He alleged that there is a suffocating atmosphere in BJP , the party has not recognized the selfless service of committed workers like him. He had even informed Yediyurappa and Amit Shah. But they chose to ignore him. Hence He met Siddharamiah and decided to join Congress.
He said he along with K. Virupakshappa, the state chief of Rayanna Brigade are joining Congress under the leadership of Dr. G. Parmeshwar and Dinesh Gundu Rao, KPCC president and working president respectively. He said that in the coming days he will strive to inform people about the pro people welfare measures of CM Siddharamayya and Congress. He also declared that he will work for the electoral victory of Congress candidates and observed that there no friends or foes in politics.. He also predicted that several stalwarts from BJP from Raichur and Koppal are likely to join Congress shortly.
On the occasion, along with CM , former MP, Virupakshappa K., legislators Shivaraj Tangadagi, Hampanagowda Badarli, N.S. Boseraj,, Raichur DCC President Vasanth Kumar , Nekkanto Suri Babu and former Zp president Doddabasavaraja were present.
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Mumbai (PTI): Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties.
Prospects of agriculture sector remain bright on the back of healthy reservoir levels and robust crop production in 2025-26, RBI Governor Sanjay Malhotra said while unveiling the outcome of the first bi-monthly Monetary Policy Committee meeting for the current financial year.
Manufacturing activity is showing signs of revival with business expectations remaining robust, while services sector activity continues to be resilient, he said.
Investment activity has gained traction and it is expected to improve further on the back of sustained higher capacity utilisation, government's continued thrust on infrastructure spending, healthy balance sheets of banks and corporates, along with the easing of financial conditions, he said.
"Merchandise exports will be weighed down by global uncertainties, while services exports are expected to remain resilient. Headwinds from global trade disruptions continue to pose downward risks," he said.
Taking all these factors into consideration, he said, real GDP growth for 2025-26 is now projected at 6.5 per cent, with Q1 at 6.5 per cent; Q2 at 6.7 per cent; Q3 at 6.6 per cent; and Q4 at 6.3 per cent.
"While the risks are evenly balanced around these baseline projections, uncertainties remain high in the wake of the recent spike in global volatility. It may be noted that the growth projection for the current year has been marked down by 20 basis points relative to our earlier assessment of 6.7 per cent in the February policy," he said.
This downward revision essentially reflects the impact of global trade and policy uncertainties, he said.