UNION BUDGET LACKS VISION: CM
Bengaluru: Terming the Union Budget 2018-19 anti-people and anti-growth, Karnataka Chief Minister Siddaramaiah - who has presented a record 14 state budgets since 1995, on Thursday said it had no vision or direction.
"The central Budget presented by Union Finance Minister Arun Jaitley lacks vision and direction. Its proposals are disappointing, as they have nothing for the farmers, the poor and the common man," said Siddaramaiah in a statement here.
Charging the central government of making empty promises to woo the electorate ahead of the next parliamentary elections in 2019, the Chief Minister said the Budget failed to address the agrarian crisis in the country, especially in the southern state, which faced drought over the last three years.
"There is no relief for farmers in distress due to crop loss or declining prices for their produce in the market. The Budget has no waiver on short-term crop loans raised by farmers from state-run banks," lamented Siddaramaiah.
On the National Health Protection Scheme, the Chief Minister said “The health insurance scheme has been announced without allocating enough funds to help the poor and the deprived bear the cost of treatment in state-run or private hospitals,".
The scheme proposes to cover over 10 crore poor and vulnerable families or about 50 crore beneficiaries without providing coverage up to Rs 5 lakh per family per year for secondary and tertiary care hospitalisation.
"When a similar healthcare scheme, announced in the last year (2017-18) budget, is yet to be implemented, the Ayushman Bharat programme will suffer a similar fate this year," asserted Siddaramaiah.
The Chief Minister, who also holds the finance portfolio, said the Budget had no proposals for addressing the mounting unemployment problem in the country.
"The BJP-led NDA government headed by Prime Minister Narendra Modi had promised to create two crore jobs every year, but no word about it in the Budget.
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Two held for EV sales fraud in Karnataka
Bengaluru (PTI): Two men involved in the sale of electric vehicles in the city have been arrested for allegedly defrauding several people by offering two-wheelers at subsidised rates, claiming the benefit was under a central government scheme, police said on Saturday.
The accused have been identified as Hanumantha Bilkar and Rakesh, they said.
Police said an investigation was initiated after receiving two complaints against at the Peenya and Bagalagunte police stations last month.
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According to police, the accused convinced people to buy electric two-wheelers by claiming that they were available at subsidised rates under a central government scheme.
"However, no such scheme exists. The accused allegedly arranged loans in the names of the buyers and had the loan amounts credited to their companies, as per the complaints," a senior police officer said.
Police said the accused got loans sanctioned for nearly double the price of the vehicles and told buyers they only needed to pay the last three to four EMIs, while the 'companies' would pay the remaining instalments.
Initially, the 'companies' paid the EMIs but later stopped doing so, after which banks and finance firms began demanding payments from the buyers, they said.
The officer said the accused sourced parts of electric two-wheelers from Delhi, assembled them in Bengaluru and sold the vehicles through their showrooms.
He added that loans were taken in the names of several people and the investigation is ongoing.
"While vehicles were delivered to many buyers, the companies allegedly stopped paying the EMIs as promised. An investigation is underway to ascertain how many more people were cheated through this fake scheme," he added.
