FM to review financial position of K'taka: Governor

Bangalore, Jan 4 (UNI) Union Finance Minister P Chidambaram will review the financial position of Karnataka in the last nine months, Governor Rameshwar Thakur said today.

Addressing newspersons, after chairing the executive meeting, he said Mr Chidambamram, during his recent visit to the city, had promised to hold a review meeting and take stock of the financial position some time this month.

Expressing satisfaction over the performance of the Government under President's rule, Mr Thakur assured the people of the State ''no works in Karnataka would suffer due to lack of funds.'' He said the Government would prepare a detailed report on the flood relief works undertaken and the amount spent so far and quantum of money required and submit the report to the Centre.

Mr Thakur said Union Home Minister Shivaraj Patil, who held a meeting of the officials of the State Home Department recently, had reviewed both flood and drought relief works, law and order situation and also preparedness for holding elections to the State Assembly.

Declining to reply on when the Legislative Assembly polls would be held, Mr Thakur said the main focus of the Government under President's rule was to conduct ''free and fair elections.'' To give fillip to the State administrative machinery a meeting of all Deputy Commissioners would be convened this month, he said.

The Executive meeting also decided to release Rs six crore for establishment of Institute of Dairy Sciences and Technology, proposed to set up in Gulbarga.

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