Karnataka govt decides to waive off farm loan at one go

News Network
June 12, 2019

Bengaluru, Jun 12: Clearing a confusion over the disbursement of the farm loan availed by the farmers, from commercial banks, the Karnataka government had decided to clear it at one go.

Chief Minister H D Kumaraswamy on Wednesday announced the decision to waive off the farm loan availed from the commercial banks in one instalment, as against the original plan to do it in four years of time.

With this decision of the state government, the farmers who had availed loans from the Commercial banks, including that of restructured loans (Rs 2812 Crore), Overdue loan (Rs 3057 Crore) and incentive for regular loans) Rs 720 Crore) will be waived off at one go.

The State government so far has released Rs 3930 Crore toward as many as 7.49 lakh crop loan accounts.

The State government has already released Rs 4830 crore for about 11.20 lakh accounts.
It may be recalled that the farm Loan waiver scheme, was the flagship programme of the JDS-Congress coalition government, however had received a huge flak for not implementing it properly.

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News Network
May 9,2020

Bengaluru, May 9: The bar owners in Karnataka, while welcoming the state government's decision to allow takeaway sales of liquor, said that the move is not going to benefit them much.

Venkatesh Babu, a Bengaluru-based bar owner said, "We welcome this move, our bar was closed for two months due to coronavirus crisis. We have been facing losses since then."

"The state government has told us to sell our stocks at maximum retail price (MRP). It is difficult for us to manage as the rent is high and we also have to pay salaries," he added.

The owner of Pingara Bar and Restaurant, Shivamogga said, "The government has said that is for parcel only and that too at MRP. There is no benefit to our business. We are only clearing the existing stock. They have given us time till May 17 and are not even giving us fresh stock. We are only allowed to sell what we have already."

Karnataka government in its Friday order allowed restaurants, pubs and bars to sell liquor at retail prices from May 9 till May 17, the day the third phase of lockdown is slated to end.

Earlier, the government had allowed the opening of liquor shops in order to mobilise revenue.

However, bars, pubs, restaurants were ordered to remain closed amid the COVID-19 lockdown.

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News Network
June 23,2020

Bengaluru, Jun 23: In an attempt to avoid exploitation of patients affected with coronavirus, the Karnataka government on Tuesday announced fixing charges that could be collected from patients by the private hospitals for treatment in the State.

There are now two sets of rates for patients--those who are referred by public health facilities and those who approach private hospitals directly.

According to the notification issued by State Chief Secretary TM Vijay Bhaskar on Tuesday, 50 per cent of the total beds in private hospitals having facilities to treat Covid-19 patients shall be reserved for the treatment of patients referred by public health authorities.

This will include the high-dependency unit and ICU (intensive care unit) beds both with and without ventilators. The hospitals may utilise the remaining Covid beds for admitting Covid-19 patients privately.

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News Network
February 9,2020

Bengaluru, Feb 9: Six persons, including three Nigerian nationals, have been arrested for their involvement in a fake kidney racket, through which they duped over 300 people, police said on Sunday.

The case was cracked by a Special Investigating Team (SIT) headed by Banasawadi, Assistant Commissioner of Police, Raviprasad. These people had duped scores of people, by misusing the name of a well known hospital located in Bengaluru.

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