QBengaluru: Reddy Gets Bail; Rs 1,200 Crore GST Fraud Busted

1. Reddy Gets Bail, Accuses HDK of Revenge Politics

Minutes after he stepped out of Bengaluru’s central jail, former minister and mining baron G Janardhana Reddy launched a vitriolic attack on CM HD Kumaraswamy, likening him to a cobra which waited 12 years to seek revenge.

Reddy, an accused in the Rs 600-crore Ambidant Marketing scam, was released on bail three days after he was arrested on charges of laundering Rs 18 crore.

Reddy told reporters that his arrest was a result of “a 12-year political vendetta” by Kumaraswamy, who had “waited for an opportunity” to malign the former BJP minister for levelling bribery charges against him. Reddy had accused Kumaraswamy of taking a bribe of Rs 150 crore in 2006.

(Source: The Times of India)

Also Read: Karnataka mining baron Reddy denies role in Ponzi case

2. Rs 1,200-Crore GST Fraud Busted in Bengaluru

The GST investigation wing has detected tax evasion of over Rs 2,000 crore in two months.

The Goods and Services Tax (GST) authorities on Wednesday busted a major racket in the city for creating fake GST invoices worth Rs 1,200 crore in order to evade tax to the tune of Rs 200 crore. The authorities have arrested three persons in this connection and produced before the magistrate.

The authorities unearthed a module of trading in fake GST invoices for claiming input tax credit while conducting search operations at 25 locations on Monday based on a specific intelligence input and data analytics, the GST officials told reporters.

The officials have arrested three people – Suhail, Hafeezur, and Basha – for generating fake GST invoices amounting to Rs 1,200 crore. The tax evaded as a resulted of these fake invoices amounts to a whopping Rs 200 crore, the officials said.

(Source: Deccan Herald)

3. K'taka to Build 350ft Cauvery Statue in own Disneyland

An artistic impression of the Cauvery statue released by the government.

The statue fever has hit Karnataka, with the state government proposing to build a 350ft tall statue of Mother Cauvery at the Krishnaraja Sagar (KRS) reservoir in Mandya district. The statue will stand on a 125ft base from where visitors can view the dam from the viewers gallery.

The statue will be built alongside a not-so-tall statue of Nalvadi Krishnaraja Wadiyar. Both the statues will be among the key attractions at the ‘Disneyland-like’ project taken up jointly by the Tourism and the Water Resources Department in a bid to boost tourism in the state.

The statue proposal was approved by Water Resources Minister DK Shivakumar and Tourism Minister Sa Ra Mahesh during a meeting in Bengaluru on Wednesday.

(Source: Deccan Herald)

4. Kumaraswamy Convenes All-Party Meet on Mahadayi

HD Kumaraswamy. 

Chief Minister HD Kumaraswamy has convened an all-party meeting to discuss the latest developments pertaining to the Mahadayi river water row, which is now before the court again.

The meeting is scheduled to be held on 17 November at the chief minister's home office, Krishna, at 5 pm.

The state government had on Monday filed a fresh plea in the Supreme Court, challenging the validity of the Mahadayi Water Dispute Tribunal’s (MWDT) decision which limited the allocation of drinking water to 5.5 tmc to the state and allowed surplus water to flow into the sea.

(Source: Deccan Herald)

5. Cattle in State to get Digital Chip ear Implants

Cattle census is part of the five-yearly livestock census. 

Soon, cattle owners in the state will be able to track their animals electronically, using digital chips. Under the state government project, GPS-enabled digital chips, each costing Rs 6.2, will be implanted in the ears of cattle.

The state has 1.3 cattle, including 71 lakh milch cows.

“It will help tracking the animal if it has been misused for slaughter and track its health condition to ensure proper and timely medication,” animal husbandry minister Venkatrao Nadagouda said and added that such chips have already been implanted on 56 lakh animals across the state. He said the department is going digital.

Animal husbandry department official will visit farmers’ houses for the purpose.

(Source: The Times of India)

Also Read: How Many Cows Does India Have? The Govt is Yet to Start Counting

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