Amid political turmoil, Karnataka monsoon session to begin Friday
Bengaluru, Jul 11: The monsoon session of the Karnataka legislature will begin here Friday with the H D Kumaraswamy-led Congress-JD(S) coalition government on a sticky wicket following resignation of 16 of its MLAs.
The 11-day long session is likely to begin with both the assembly and council paying rich tributes to distinguished personalities of the state who died during the period when both Houses were in recess, including veteran actor, director and playwright Girish Karnad.
The spate of resignations pushing the coalition government to the brink of collapse is likely to cast a shadow on the proceedings, though it was expected that the opposition BJP would corner the government on a host of issues including drought management, the cabinet decision to sell 3,667 acres to JSW Steel at Ballari and the alleged IMA group ponzi scam.
With 16 of the ruling coalition MLAs resigning, the BJP has demanded Kumaraswamy's resignation, stating that his government has lost majority.
The BJP has even petitioned Governor Vajubhai Vala seeking his intervention.
With 16 resignations yet to be accepted, all eyes are now on the Speaker, who has said he will take a decision only after examining whether they are "voluntary and genuine."
The apex court earlier in the day asked the Speaker to decide "forthwith" about the resignation of 10 rebel MLAs, allowing them to meet him at 6 pm.
A Bench headed by Chief Justice Ranjan Gogoi said the decision taken by the Speaker has to be intimated on Friday when the court takes up the plea by the rebel MLAs.
The BJP may also move a no-confidence motion, pushing the government to prove its majority on the floor of the House.
Yeddyurappa, when asked about moving a no-confidence motion, had recently said his party will take a decision depending on the political situation that exists.
Meanwhile, the state Cabinet that met Thursday amid the crisis, resolved to face the situation "bravely" and "withstand" it unitedly.
Expressing confidence that the government would survive, the cabinet that met under the leadership of Kumaraswamy said it was ready to face a no-confidence motion, if moved by the opposition BJP.
Putting up a brave front, Kumaraswamy Thursday rejected demands for his resignation.
"Why should I resign? What is the necessity for me to resign now?" Kumaraswamy shot back to reporters here, amidst the speculation that he could put in his papers in the wake of the crisis.
Government's chief whip Ganesh Prakash Hukkeri has issued a whip asking all MLAs of the ruling parties to attend the session without fail everyday till it concludes and vote in favour of bills moved by the government, or face disqualification under the anti-defection law.
Passage of certain important bills including the crucial Finance bill also hangs in the balance with treasury benches not having adequate numbers in the House.
Responding to a question on the future of the finance bill during the assembly session from Friday, Minister Krishna Byre Gowda told reporters after the cabinet meeting: "Lets see what happens.
Opposition has certain privileges and rights to discuss it and seek vote and even press for division.
We will not try to override on it. We will give them (opposition) all the opportunity...we are even ready for a vote on it," he added.
Of the 16 MLAs who have resigned, 13 are from the Congress and three from the JD(S).
The coalition's strength in the House is 116 (Congress 78, JD(S) 37 and BSP one), besides the speaker.
With the support of the two independents, who resigned from the ministry on Monday, the opposition BJP has 107 MLAs in the 224-member House, where the halfway mark is 113.
If the resignations of the 16 MLAs are accepted, the ruling coalition's tally will be reduced to 100.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
India proposes preferential trade agreement with Mexico to deal with high tariffs
New Delhi (PTI): India has proposed a preferential trade agreement (PTA) with Mexico to help domestic exporters deal with the steep tariffs announced by the South American country, a top government official said on Monday.
Mexico has decided to impose steep import tariffs - ranging from about 5 per cent to as high as 50 per cent on a wide range of goods (about 1,463 tariff lines) from countries that do not have free trade agreements with Mexico, including India, China, South Korea, Thailand and Indonesia.
Commerce Secretary Rajesh Agrawal said that India has engaged with the country on the issue.
"Technical level talks are on...The only fast way forward is to try to get a preferential trade agreement (PTA) because an FTA (free trade agreement) will take a lot of time. So we are trying to see what can be a good way forward," he told reporters here.
While in an FTA two trading partners either significantly reduce or eliminate import duties on maximum number of goods traded between them, in a PTA, duties are cut or removed on a limited number of products.
Trading partners of Mexico cannot file a compliant against the decision on imposing high tariffs as they are WTO (World Trade Organisation) compatible.
The duties are within their bound rates, he said, adding that their primary target was not India.
"We have proposed a PTA because its a WTO-compatible way forward... we can do a PTA and try to get concessions that are required for Indian supply chains and similarly offer them concessions where they have export interests in India," Agrawal said.
ALSO READ: Mexico's Congress approves higher tariffs on goods from India, China and non-FTA nations
Citing support for local production and correction of trade imbalances, Mexico has approved an increase in MFN (most favoured nation) import tariffs (5-50 per cent) with effect from January 1, 2026 on 1,455 tariff lines (or product categories) within the WTO framework, targeting non-FTA partners.
Preliminary estimates suggest that this affects India's around USD 2 billion exports to Mexico particularly -- automobile, two-wheelers, auto parts, textiles, iron and steel, plastics, leather and footwear.
The measure is also aimed at curbing Chinese imports.
India-Mexico merchandise trade totalled USD 8.74 billion in 2024, with exports USD 5.73 billion, imports USD 3.01 billion, and a trade surplus of USD 2.72 billion.
The government has been continuously and comprehensively assessing Mexico's tariff revisions since the issue emerged, engaging stakeholders, safeguarding the interests of Indian exporters, and pursuing constructive dialogue to ensure a stable trade environment benefiting businesses and consumers in both countries.
ALSO READ: Search operation ends in Anjaw truck accident, 20 bodies recovered
Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai has said that Mexico's decision is a matter of concern, particularly for sectors like automobiles and auto components, machinery, electrical and electronics, organic chemicals, pharmaceuticals, textiles, and plastics.
"Such steep duties will erode our competitiveness and risk, disrupting supply chains that have taken years to develop," Sahai said, adding that this development also underlines the little urgency for India and Mexico to fast-track a comprehensive trade agreement.
Domestic auto component manufacturers will face enhanced cost pressures with Mexico hiking duties on Indian imports, according to industry body ACMA.
