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Belekeri Port Scam
The Belekeri port scam relates to 3.5 million tons of confiscated iron ore that was exported illegally from Belekeri port near Karwar in Karnataka. After Deputy Conservator of Forests R. Gokul seized the ore and the high court refused to permit it to be exported, a large part of it was surreptitiously exported from the port. After persistent protests and public pressure, Karnataka Chief Minister Yeddyurappa, who was balancing political considerations with control of corruption, admitted to an illegal iron-ore export racket at Belekeri Port involving 35 lakh metric tonnes of iron ore. It is said that the scam was worth an estimated 60,000 crore rupees (US$12 billion). This iron ore from the Bellary region is alleged to have been illegally mined after paying a minuscule royalty to the government. The major irregularities involve mines in Bellary, including those of Obulapuram Mining Company owned by G. Karunakara Reddy and G. Janardhana Reddy, who were ministers in the Governmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belekeri Port
Belekeri is a village in Ankola, Karnataka, India, and is known for its fish. It is approximately 6 km from Ankola. Its industrial port is used for shipping iron ore and manganese to various destinations, including China.The port came to a wide media attention due to the Belekeri port scam. History Historically, the port was used by the British. The village has ancient historical significance as it houses an inscription which is more than 500 years old. It has Jainabeera temple, which is of a great significance to the villagers. Belekeri Port The port is suitable for moderate weathers. If proper improvements are brought about, it can greatly increase its capacity. Government of Karnataka has planned to improve it under Public-Private partnership. Justice Santosh Hegde, the then Lokayukta of Karnataka, is also reported to have expressed his concerns over the illegal activities. Environmental issues The export activity caused sufferings to over 3500 people. Fisherme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deccan Herald
''Deccan Herald'' is an Indian English language daily newspaper published from the Indian state of Karnataka. It was founded by K. N. Guruswamy, a liquor businessman from Ballari and was launched on 17 June 1948. It is published by The Printers Mysore, a privately held company owned by the Nettakallappa family, heirs of Guruswamy. It has seven editions printed from Bengaluru, Hubballi, Davanagere, Hosapete, Mysuru, Mangaluru, and Kalaburagi. History and background ''Deccan Herald'' was launched on 17 June 1948. Its founder, K. N. Guruswamy, in search of a suitable location for a news publishing business, purchased a bar and restaurant called Funnel's, that was owned by an Irish couple, in March 1948. Despite having no experience in the newspaper industry, Guruswamy, along with his close aides and well wishers, decided to launch two newspapers from Bangalore since there was no such title at the time. The Deccan Herald is an Indian English-language daily newspaper published ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption In Karnataka
Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption may involve many activities which include bribery, influence peddling and the embezzlement and it may also involve practices which are legal in many countries. Political corruption occurs when an office-holder or other governmental employee acts with an official capacity for personal gain. Corruption is most common in Kleptocracy, kleptocracies, oligarchy, oligarchies, narco-states, and mafia states. Corruption and crime are endemic sociological occurrences which appear with regular frequency in virtually all countries on a global scale in varying degrees and proportions. Each individual nation allocates domestic resources for the control and regulation of corruption and the deterrence of crime. Strategies which are undertaken in order to c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jan Lokpal Bill
The Jan Lokpal Bill, also referred to as the Citizen's Ombudsman Bill, was a bill drawn up by civil society activists in India seeking the appointment of a Jan Lokpal, an independent body to investigate corruption cases and complete the investigation within a year for envisaging trial in the case getting completed within one year. The Jan Lokpal aimed to deter corruption, compensate citizen grievances, and protect whistle-blowers. The prefix ''Jan'' () signifies that these improvements include inputs provided by "ordinary citizens" through an activist-driven, non-governmental public consultation. The word ''Lokpal'' was coined in 1963 by L. M. Singhvi, a member of parliament during a debate. Origins The demand for a Jan Lokpal was inspired by the Hong Kong Independent Commission Against Corruption and taken forward by a group of activists that came to be styled by the media as Team Anna. Key features Some important features of the bill are: # To establish an anti-corruption ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rent Seeking
Rent-seeking is the act of growing one's existing wealth without creating new wealth by manipulating the social or political environment. Rent-seeking activities have negative effects on the rest of society. They result in reduced economic efficiency through misallocation of resources, reduced wealth creation, lost government revenue, heightened income inequality, and potential national decline. Attempts at capture of regulatory agencies to gain a coercive monopoly can result in advantages for rent-seekers in a market while imposing disadvantages on their uncorrupt competitors. This is one of many possible forms of rent-seeking behavior. Description The term rent, in the narrow sense of economic rent, was coined by the British 19th-century economist David Ricardo, but rent-seeking only became the subject of durable interest among economists and political scientists more than a century later after the publication of two influential papers on the topic by Gordon Tullock in 196 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption Perceptions Index
The Corruption Perceptions Index (CPI) is an index which ranks countries "by their perceived levels of public sector corruption, as determined by expert assessments and opinion surveys." The CPI generally defines corruption as an "abuse of entrusted power for private gain".CPI 2010: Long methodological brief, p. 2 The index is published annually by the non-governmental organisation Transparency International since 1995. The 2021 CPI, published in January 2022, currently ranks 180 countries "on a scale from 100 (very clean) to 0 (highly corrupt)" based on the situation between 1 May 2020 and 30 April 2021. Denmark, New Zealand, Finland, Singapore, and Sweden are perceived as the least corrupt nations in the world, ranking consistently high among international financial transparency, while the most apparently corrupt are Syria, Somalia (both scoring 13), and South Sudan (11). Methods Transparency International commissioned the University of Passau's :de:Johann Graf Lambsdorff, Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Political Scandals
The following is a ''list of proven scandals in India'' since independence, including political, financial and corporate scandals. The year, or decade, is when the scandal was first reported. 1940s * 1947 - INA treasure chest disappearance * 1948 - Jeep scandal case * 1949 - Gems Graft case 1950s * 1951 Cycle scam * 1956 BHU funds misappropriation () * 1958 Mundhra scandal () 1960s * 1960 Teja loan scandal () * 1964 Pratap Singh Kairon inquiry * 1965 Kalinga tubes scandal 1970s * 1971 Nagarwala case () * 1974 Maruti scandal * 1976 Kuo oil scandal () 1980s * 1981 Cement scam () * 1985 Fodder scam () * 1987 HDW Submarine scandal * 1987 Bofors scandal * 1989 St Kitts forgery 1990s * 1992 Indian stock market scam * Babanrao Gholap disproportionate-assets case * 1996 disproportionate assets case against Jayalalithaa * Cobbler scam * 1998 Ajmer rape case * 1998 Anubhav Plantations scam * Jalgaon housing scam * Sheregar scam * Ice cream parlour sex scandal * 1996 Sukh Ram ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salgaocar Mining
Salgaocar Football Club is an Indian professional football club based in Vasco, Goa, that competes in the Goa Professional League. They have also played in the I-League, then top flight of Indian football league system. Founded in 1956, the club is owned by the V. M. Salgaocar Group of Companies. Salgaocar has won 21 Goa League Championships, 4 Federation Cups, 3 Durand Cups, 3 Rovers Cups, 2 Indian Super Cups and the National Football League in 1998–99 and I-League in 2010–11. They became the first Goan side to win the NFL in 1998–99 under the guidance of coach Shabbir Ali. It is also the first Goan club to win the following: Goa Super Division, Federation Cup, Goa Professional League, Durand Cup and the former Indian Super Cup. Salgaocar pulled out of I-League 2016–17 citing All India Football Federation (AIFF) bias against I-League. History 1956–2009 Salgaocar Sports Club was established in 1956. It was founded by VM Salgaocar, founder President of the VM Salga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adani Group
Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises. The Group's diverse businesses include port management, electric power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing and infrastructure. Worldwide, Adani Group has over 100,000 total employees, both directly and indirectly. In April 2021, Adani Group became the third Indian conglomerate to cross US$100 billion in market capitalisation. It crossed the market capitalisation of US$200 billion in April 2022, becoming the third Indian conglomerate after Tata Group and Reliance Industries to do so. In November 2022, Adani Group market capitalization reached top $280 billion (INR 24 trillion) and market capital vision $1 trillion by 2029, surpassing Tata Group. According to The Washington Post, more than 60 percent of the Adani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NH-63
National Highway 67 (NH 67, previously National Highway 63) is a major National Highway in India. It starts at Ramnagar on NH 748, Belagavi - Panjim Road of Karnataka and ends at Krishnapatnam Port road in Andhra Pradesh. Currently four laning works going on between Badvel and Nellore. Four laning works between Jammalamadugu and Mydukur completed. NHAI called tenders for two laning between Gooty and Tadipatri. 4 Lane work is in Progress between Hubballi and Hosapete, 6 Lane work between Hosapete and Ballari and 4 lane work between Ballari and Karnataka - Andhra Pradesh Border. Route NH-67 passes through the cities of Dharwad, Hubballi, Gadag, Koppal, Hosapete, Ballari in Karnataka and Guntakal, Gooty, Jammalamadugu, Proddatur, Mydukur, Badvel, Marripadu, Nellore, Krishnapatnam Port road of Andhra Pradesh. Route length in states *Karnataka - *Andhra Pradesh – Junctions : near Mydukur : near Nellore See also * List of National Highways in India by highway n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NH-48
National Highway 48 (NH 48) is a National Highway of India that starts at Delhi and terminates at Chennai traversing through seven states of India. It has a total length of 2807 km (1744 miles). NH 48 passes through the states of Delhi, Haryana, Rajasthan, Gujarat, Maharashtra, Karnataka and Tamil Nadu. Its stretch from Delhi to Mumbai was earlier designated NH 8 and the stretch between Mumbai and Chennai was designated NH 4 before all the national highways were renumbered in the year 2010. Route The NH 48 bypasses through these important cities and towns that are given below: * Delhi * Gurugram * Rewari * Behror * Kotputli * Shahpura * Jaipur * Ajmer * Rajsamand * Udaipur * Himatnagar *Gandhinagar * Ahmedabad * Kheda * Nadiad * Anand * Vadodara * Bharuch *Ankleshwar * Surat * Navsari * Valsad *Vapi *Palghar * Vasai-Virar * Mumbai * Thane *Navi Mumbai *Lonavala * Pune * Satara *Karad * Kolhapur *Nipani *Sankeshwar * Belgaum *Kittur *Dharwad * Hubli * Haveri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NH-17
National Highway 66, commonly referred to as NH 66 (erstwhile NH-17 and a part of NH-47), is a mostly 4 lane long busy National Highway (India), National Highway that runs roughly north–south along the western coast of India, parallel to the western ghats, Western Ghats. It connects Panvel (a city south of Mumbai) to Kanyakumari, Cape Comorin (Kanyakumari), passing through the states of Maharashtra, Goa, Karnataka, Kerala and Tamil Nadu. The highway is undergoing a major overhaul in Karnataka, where the state government has accepted the NHAI's request of international standard, 60-metre-wide national highway with grade separators. The complete stretch from the Goa border (near Karwar) to the Kerala border (near Talapady) is being widened to four lanes, with space to accommodate future expansion to six lanes. There were protests from the people, who will lose lands, for a narrower stretch. But the Karnataka government has not heeded to the protests. Land acquisition and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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