Apex Bank election slated for September 10
Elections for the Karnataka State Cooperative Apex Bank are scheduled for September 10 following internal power struggles within the Congress party. Chief Minister D.K. Shivakumar is reportedly pushing for candidates outside of his own family to avoid nepotism concerns.
Why it matters
The internal power dynamics between state leaders impact the leadership of key cooperative institutions in Karnataka.
The elections to the Karnataka State Cooperative Apex Bank, which was trapped in a political whirlwind in the power-sharing struggle between former Chief Minister Siddaramaiah and Chief Minister D.K. Shivakumar, have finally been slated for September 10.
The notification for the election of president and vice-president of the Apex Bank was issued here on Thursday.
While Madhugiri Congress legislator and former Minister K.N. Rajanna and MLC S. Ravi were seen as frontrunners for the post, party sources said that Chief Minister D.K. Shivakumar was not in favour of family members being in the race. “Mr. Ravi is related to the Chief Minister, and Mr. Rajanna has greater chances. Unless the Opposition BJP-Janata Dal (Secular) decides to field a candidate, it could be a unanimous election,” they added.
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