1. Home
  2. If voted to power, will waive Rs 51K-cr crop loans: Kumaraswamy

If voted to power, will waive Rs 51K-cr crop loans: Kumaraswamy

DHNS
January 11, 2018

Bengaluru, Jan 11: JD(S) state president H D Kumaraswamy on Wednesday said that if his party is voted to power in the upcoming elections, his government would waive

Rs 51,000 crore crop loans obtained by farmers of the state.

Addressing a youth rally in Devanahalli in Bengaluru Rural district, he said both the BJP and the Congress lacked concern for farmers. Though more than 3,000 farmers had committed suicide in the last four-and-a-half years, the government was busy splurging on promoting its achievements through Chief Minister Siddaramaiah's 'Navakarnataka Nirmana' programme.

He said if the JD(S) comes to power, his government would provide a monthly financial benefit of Rs 6,000 to pregnant women for six months and a pension of Rs 5,000 for the elderly and widows.

JD(S) youth wing president and Sorab MLA Madhu Bangarappa said if Kumaraswamy is voted to power, more than one crore youth would get jobs.

He said the BJP had betrayed north Karnataka farmers over Mahadayi issue, and that the party would be given a fitting reply in the elections.

Stating that several disgruntled Congress and BJP leaders would join the JD(S) in the coming days, Bangarappa expressed confidence that the party would win 113 seats.

Comments

Parson
 - 
Friday, 12 Jan 2018

Whose money you are using to Waive off the Loan??? Tax Payers money. How much money did u make when u were CM? Will you Waive off from your pocket ? You make big promises & after u sit on the Seat of CM, you people forget who is your father? Cheap tactics will not work. Only God Knows who will become CM. We need to Bann the EVM machines to get perfect party in Power. 

shahid
 - 
Thursday, 11 Jan 2018

Jisne apni hi alliance party ki peet per chura bhoka ho uss ki baaton par kaise bharosa kar sakte hai

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 8,2020

Bengaluru, May 8: Karnataka Chief Minister BS Yediyurappa has announced a special package for those involved in leather works, especially those who work on the roadside, informed the state's Deputy Chief Minister Govind M Karjol on Friday. 

The special package has been announced for cobblers and leather workers, who work on the roadside. 

The government has provided relief to 11,722 families at a rate of Rs 5,000 per family. These beneficiaries will be directly credited to their bank account through Dr. Babu Jagjivan Ram Leather Industries Development Corporation.

This special package will help livelihoods for skilled workers, said the Deputy Chief Minister. He congratulated the Chief Minister on the declaration of this special package on behalf of the Department of Social Welfare.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 3,2020

Kasaragod, Jan 3: A serving officer of the Central Intelligence Bureau (CIB) was found dead inside his car in Bekal town near here early on Friday.

Police sources said the officer, Rijo Francis (35) has been under treatment after he had an heart attack last year.

Police suspect that the death could be due to heart failure.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.