Left walks out of Kerala Assembly

keralassembly.jpg.crop_display.jpg

The Left opposition on Wednesday walked out of the Kerala assembly protesting the state government's decision to disburse salaries and pensions to its employees through three private sector banks, while the government said it was following the previous Left government's policy.

The three new generation 'tech savvy' banks that will now disburse salary and pension benefits are ICICI, HDFC and Axis Bank.

"Through this, approximately Rs.20,000 crore in a year which would have been transacted through the government treasury would now move into new generation banks. These banks have no commitment to our state," former finance minister Thomas Isaac said while seeking leave for an adjournment motion.

"The state government would have benefited had this amount remained in the treasury," said Issac.

Issac as finance minister in 2009 had allowed public sector banks to disburse the salaries and pensions of government employees but in 2010, he revoked that order, said Finance Minister K.M. Mani.

"We assure the house that this is a facility for only disbursement of salary and pension and no other financial transaction of the state government would be handed over to the three new generation banks," assured Mani.

Leader of Opposition V.S. Achuthanandan said: "A good amount of commission will now reach some. At a later stage I will reveal who are going to benefit from this. The government should not allow these banks to flourish, instead strengthen the government treasury."

With the speaker G. Karthikeyan disallowing the adjournment motion, Achuthanandan led the entire opposition in a protest walkout.

Post new comment

<form action="/comment/reply/102565" accept-charset="UTF-8" method="post" id="comment-form"> <div><div class="form-item" id="edit-name-wrapper"> <label for="edit-name">Your name: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="60" name="name" id="edit-name" size="30" value="Reader" class="form-text required" /> </div> <div class="form-item" id="edit-mail-wrapper"> <label for="edit-mail">E-Mail Address: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="64" name="mail" id="edit-mail" size="30" value="" class="form-text required" /> <div class="description">The content of this field is kept private and will not be shown publicly.</div> </div> <div class="form-item" id="edit-comment-wrapper"> <label for="edit-comment">Comment: <span class="form-required" title="This field is required.">*</span></label> <textarea cols="60" rows="15" name="comment" id="edit-comment" class="form-textarea resizable required"></textarea> </div> <fieldset class=" collapsible collapsed"><legend>Input format</legend><div class="form-item" id="edit-format-1-wrapper"> <label class="option" for="edit-format-1"><input type="radio" id="edit-format-1" name="format" value="1" class="form-radio" /> Filtered HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Allowed HTML tags: &lt;a&gt; &lt;em&gt; &lt;strong&gt; &lt;cite&gt; &lt;code&gt; &lt;ul&gt; &lt;ol&gt; &lt;li&gt; &lt;dl&gt; &lt;dt&gt; &lt;dd&gt;</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> <div class="form-item" id="edit-format-2-wrapper"> <label class="option" for="edit-format-2"><input type="radio" id="edit-format-2" name="format" value="2" checked="checked" class="form-radio" /> Full HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> </fieldset> <input type="hidden" name="form_build_id" id="form-37d7a3bb450a6294ee4078ba051f91b8" value="form-37d7a3bb450a6294ee4078ba051f91b8" /> <input type="hidden" name="form_id" id="edit-comment-form" value="comment_form" /> <fieldset class="captcha"><legend>CAPTCHA</legend><div class="description">This question is for testing whether you are a human visitor and to prevent automated spam submissions.</div><input type="hidden" name="captcha_sid" id="edit-captcha-sid" value="80046411" /> <input type="hidden" name="captcha_response" id="edit-captcha-response" value="NLPCaptcha" /> <div class="form-item"> <div id="nlpcaptcha_ajax_api_container"><script type="text/javascript"> var NLPOptions = {key:'c4823cf77a2526b0fba265e2af75c1b5'};</script><script type="text/javascript" src="http://call.nlpcaptcha.in/js/captcha.js" ></script></div> </div> </fieldset> <span class="btn-left"><span class="btn-right"><input type="submit" name="op" id="edit-submit" value="Save" class="form-submit" /></span></span> </div></form>

No Articles Found

No Articles Found

No Articles Found

I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.