Loan waiver to be met completely in second budget: HDK

Agencies
January 13, 2019

Bengaluru, Jan 13: Karnataka Chief Minister H D Kumaraswamy has announced that he will fulfill his Rs 46,000-crore loan waiver commitment made to farmers "completely" in the Congress-JDS coalition government's second budget that he is scheduled to present on February 8.

The farm loan waiver scheme would be implemented in one stroke with required allocation in the budget instead of completing the process in four stages as was planned earlier, he said, as he took on the state and national BJP leadership for their relentless attack on him on the issue.

Kumaraswamy has come in the line of fire of BJP leadership, including Prime Minister Narendra Modi, who has been mocking the scheme, saying it had only offered a "lollipop" for an insignificant number of farmers.

The JDS leader was also critical of Union Home Minister Rajnath Singh for his reported comment at the BJP National Convention meet in New Delhi on Friday that the state government had promised waiver but was issuing notice to farmers for loan recovery.

Kumaraswamy said notices were being issued by nationalised banks that come under the central government.

"This shows the mean mentality of BJP leaders. This shows how lightly they have taken the issue of solving farmers' worries."

"...February 8. I will present a new budget of 2019-20. We have announced as a cabinet decision that loan waiver will be in four stages, we will not take it to four stages," Kumaraswamy told PTI in an interview.

"We are working out on that. In the coming budget I will be clearing the complete loan waiver. I will not take four years. I want to bring it to the notice of central BJP leaders -- it is not lollipop," he said.

Kumaraswamy asserted that it would be done without violating the fiscal responsibility.

"If an elected government makes up its mind, without violating fiscal responsibility, how it can succeed in implementing its programmes and commitment...I am going to prove it," he said.

"...Without violating fiscal responsibility Act… I'm clearing it completely with allocation for it. In the next financial year, the money that will be released will clear the Rs 46,000 crore loan waiver commitment made," he added.

Seeking to implement a key poll promise of the JDS, the Kumaraswamy government had announced over Rs 46,000-crore loan waiver scheme in July. But it has been bogged down by several issues, particularly relating to nationalised banks.

While defending the time taken in implementing loan waiver, the chief minister said, the state's scheme would become a model for other states in the days to come.

"Today in front of me is Rs 46,000 crore farm loan from nationalized and cooperative banks. I have created a separate cell for this and have appointed an IAS officer to work on this for 24 hours. CMO- my office is monitoring it every day. Our officials are working effectively so that the loan waiver reaches our farmers," he said.

He said guidelines for implementation of farm loan waiver scheme by his government would become a model for any government in future that decides to waive loans.

Noting that till January 11, loan waiver has reached 1,70,000 farmers for which about Rs 900 crore money has been released, he highlighted that in the budget presented in July after coming to power, Rs 9,000 crore was already allocated for loan waiver in the first year.

"By January 31, about Rs 11-12 lakh farmers will get the loan waive benefit," he said, as he pointed out there was much longer delay by various state governments in the past, while it was just seven months since he is in power.

"UPA government had announced about Rs 70,000 crore loan waiver, you can crosscheck how long it took for the money to reach. Many states which came to power before me and announced waiver like -- Uttar Pradesh, Maharashtra, Andhra Pradesh- you can check how much money has gone till now. It's been seven months for me," he added.

Noting that discussions were on with nationalised banks, and the government was expecting to get some relaxation in the backdrop of one-time settlement plan, he said, out of Rs 9,500 crore loan waiver details of cooperative banks that the state has, some of them were bogus claims.

"With the guidelines that we have, where certain documents need to be submitted, those misusing will be eliminated," he said.

Kumaraswamy said that implementation of farm loan waiver scheme was his "biggest achievement" so far, while highlighting the difficulties in a coalition setup.

Explaining the situation he was in when he assumed office, he said he had to continue implementation of programmes of the previous Siddaramaiah government and face BJP criticism that he had not waived loan within 24 hours of coming to power as promised in the JDS manifesto.

Listing out programmes under implementation like "Badavara Bandhu", a scheme to disburse interest-free loans to street vendors and small traders, and the Israel model of farming, Kumaraswamy said, "I have other plans too for the next budget."

Comments

Suresh
 - 
Sunday, 13 Jan 2019

Forget small small issues made by oppurtunists and bjp people. Concentrate on your service. People with you HDK. You will complete your term

Sandesh Shetty
 - 
Sunday, 13 Jan 2019

HDK knew what to be done for people. All the best

Mohan
 - 
Sunday, 13 Jan 2019

HDK doing great. Feku just boasting and blabbering. 

Vinod
 - 
Sunday, 13 Jan 2019

Kamal nath did loan waiving. Then what complication with other govts for doing the same

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News Network
March 6,2020

Bengaluru, Mar 6: In the face of unprecedented economic difficulties, Chief Minister B S Yediyurappa has chosen to hike the prices of fuel and liquor to fund development in his 2020-21 Budget, which tries to offer something for everybody with the available resources.

Yediyurappa announced a 3% hike in the rate of tax on petrol and diesel. This will result in the prices of petrol going up by Rs 1.60 per litre and diesel by Rs 1.59 per litre. This is expected to fetch the government Rs 1,500 crore.

By hiking additional excise duty on Indian Made Liquor (IML) by 6%, the government hopes to mop up Rs 1,200 crore.

In essence, Yediyurappa, the finance minister, pointed fingers at the Centre for the state’s fiscal woes. He said Karnataka’s share in Central taxes has come down this fiscal by Rs 8,887 crore. Plus, Rs 3,000 crore GST compensation will also be reduced as collections from the GST cess are not on expected lines, he said in his Budget speech. 

“It has become difficult to reach the 2019-20 Budget targets due to these reasons. To manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, it has become inevitable this year to cut down the expenditure of many departments,” he said.

Under the 15th Finance Commission, Karnataka will see a reduction of Rs 11,215 crore in the state’s share of central taxes in 2020-21, Yediyurappa said. He also pointed out that expenditure on salaries, pensions and loan interest payments had risen by Rs 10,000 crore. “Serious difficulties are being faced in resource mobilisation efforts of the state. The state never faced economic difficulties of this magnitude in the previous years,” he said.

But in an attempt to please all, Yediyurappa made announcements across sectors and communities. Instead of the usual department-wise announcements, the CM chose to divide the Budget into six sectors: agriculture & allied activities; welfare & inclusive growth; stimulating economic growth; Bengaluru development; culture, heritage & natural resources and administrative reforms & public service delivery.

Farmers will get additional incentives under PM-KISAN costing Rs 2,600 crore and a waiver of interest on loans they have borrowed from cooperative banks worth Rs 466 crore.

The CM has earmarked Rs 500 crore to start work on the Kalasa-Banduri canals under the Mahadayi project. Also, Yediyurappa has given Rs 1,500 crore to commission the Yettinahole drinking water project.

This project will cater to the districts of Hassan, Chikkamagaluru, Tumakuru, Bengaluru Rural, Ramanagara, Chikkaballapur and Kolar.

For Bengaluru, the CM has made an allocation of Rs 8,772 crore. This includes Rs 500 crore for the suburban rail project, an electric bike taxi project and bus priority lanes.

Significantly, Yediyurappa has not made any allocation to mutts. However, the government will spend Rs 100 crore on the Anubhava Mantapa at Basavakalyan, Rs 66 crore for a 100 ft Kempegowda statue in Bengaluru and Rs 20 crore on a 325 ft statue of Basavanna at the Murugha Mutt in Chitradurga.

The CM has given Rs 305 crore for the development of various communities — Christians (Rs 200 crore), Upparas (Rs 10 crore), Vishwakarma (Rs 25 crore), Ambigara Chaudaiah (Rs 50 crore), Arya Vysya (Rs 10 crore) and Kumbara (Rs 10 crore).

Also, nearly 22.5 lakh government employees and their dependents will get cashless treatment facility for surgical treatment procedures at an estimated annual cost of Rs 50 crore under the Jyothi Sanjini scheme, the CM said.

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Agencies
July 8,2020

The Central Board of Secondary Education (CBSE) has rationalised by up to 30 per cent the syllabus for classes 9 to 12 for the academic year 2020-21 to reduce course load on students amid the COVID-19 crisis, Union HRD Minister Ramesh Pokhriyal 'Nishank' announced on Tuesday.

The curriculum has been rationalised while retaining the core elements, the Human Resource Development said.

Among the chapters dropped after the rationalisation exercise are lessons on democracy and diversity, demonetisation, nationalism, secularism, India's relations with its neighbours and growth of local governments in India, among others.

"Looking at the extraordinary situation prevailing in the country and the world, CBSE was advised to revise the curriculum and reduce course load for the students of classes 9 to 12.

"To aid the decision, a few weeks back I also invited suggestions from all educationists on the reduction of syllabus for students and I am glad to share that we received more than 1.5K suggestions. Thank you, everyone, for the overwhelming response," Nishank tweeted.

"Considering the importance of learning achievement, it has been decided to rationalise syllabus up to 30 per cent by retaining the core concepts," he added.

The Union minister said the changes made in the syllabi have been finalised by the respective course committees with the approval of the curriculum committee and the Governing Body of the Board.

"The heads of schools and teachers have been advised by the board to ensure that the topics that have been reduced are also explained to the students to the extent required to connect different topics. However, the reduced syllabus will not be part of the topics for internal assessment and year-end board examination.

"Alternative academic calendar and inputs from the NCERT on transacting the curriculum using different strategies shall also be part of the teaching pedagogy in the affiliated schools," a senior official of the HRD ministry said.

For classes 1 to 8, the National Council of Education Research and Training (NCERT) has already notified an alternative calendar and learning outcomes.

According to the updated curriculum, among the chapters deleted from class 10 syllabus are-- democracy and diversity, gender, religion and caste, popular struggles and movement, challenges to democracy

For class 11, the deleted portions included chapters on federalism, citizenship, nationalism, secularism, growth of local governments in India.

Similarly, class 12 students will not be required to study chapters on India's relations with its neighbours, changing nature of India's economic development, social movements in India and demonetisation, among others.

Universities and schools across the country have been closed since March 16 when the central government announced a nationwide classroom shutdown as one of the measures to contain the COVID-19 outbreak.

A nationwide lockdown was announced on March 24, which came into effect the next day. While the government has eased several restrictions, schools and colleges continue to remain closed.

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coastaldigest.com news network
March 26,2020

Mangaluru, Mar 25 : Taking into account surge of COVID-19  cases in neighbouring districts, Dakshina Kannada district administration has decided to suspend retail sales at Central Market in Mangaluru and public will not be allowed to purchase at Central Market from Thursday.

Proper arrangements have been made for the public to buy from nearby grocery shops from 6 am till 12 noon. 
However strict social distancing has to be ensured by the vendors failing which action will be taken, warned Deputy Commissioner Sindhu B Rupesh. The public are advised to follow social distancing measures.

 

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