Kumaraswamy seeks Centre's support to farm loan waiver

Agencies
June 17, 2018

Bengaluru, Jun 17: Chief Minister H D Kumaraswamy today requested the Central government for 50 percent support to his government's farm loan waiver scheme.

"Debt of farmers is staring us in the face. My government is ready to address this problem and I request the Government of India to support us," he said.

In his address at the 4th meeting of the NITI Ayog governing council in New Delhi, a copy of which was shared with the media here, the chief minister said in Karnataka about 85 lakh farmers have outstanding debts on account of agricultural loans from banks.

He said, "Due to recurring droughts, the distress of the farmers is even more severe. I request the Government of India to provide 50 percent support for our loan waiver initiative."

Kumaraswamy is under intense pressure to announce the farm loan waiver that his party, the JD(S) had promised in the run-up to the assembly elections in Karnataka.

After initially citing coalition compulsions for the delay, the chief minister on May 30 amid the opposition and farmers' bodies stepped up pressure on him to fulfil his pre-poll promise, had said his government would arrive at a decision to implement a two-phase scheme for farm loan waiver within 15 days.

With the 15-day deadline coming to an end on June 15, Kumaraswamy reiterated that he was committed to waiving the farm loan and would announce it shortly.

"Dear farmers, let there be no confusion on the farm loan waiver. I am fully committed to the loan waiver. I want to ensure it is done scientifically benefiting a maximum number of farmers. I am working on the modalities and will announce it shortly," he had said in a tweet on Friday.

Addressing the NITI Aayog governing council meeting for the first time, Chief Minister Kumaraswamy said the new government has to fulfil several aspirations of the people of Karnataka, and "we need the full support of the Government of India for this."

"While we represent various political ideologies, when it comes to development we should work together," he said.

Stressing the need for gearing up to climate resilient agriculture, Kumaraswamy said, the climate change is a reality, especially so in the agriculture sector.

"I call upon the Government of India to harness national and international expertise to develop a comprehensive framework, strategies and practices for ushering a climate resilient agriculture revolution in the country," he added.

Noting that water is becoming a scarce resource and is going to be a limiting factor for growth, both in agriculture as well as other sectors, he also suggested dedicating a full decade for "extensive and intensive" water conservation efforts.

Highlighting that allocation to Karnataka for the period 2015-20 under SDRF (State Disaster Response Fund) is only Rs 1,375 crore, which is much less than the allocation to other states, the chief minister said the state's unmet needs are huge but has not been addressed either in the Finance Commission award or under the NDRF.

"A comprehensive discussion is needed on this issue," he added.

Kumaraswamy further said he is sure the NITI Aayog will prove its federal character given the developmental disparities in India and added the Aayog and the Union government must re-emphasise federal and participative medium-term planning with concrete goals and inclusive development programmes.

Comments

Sandesh
 - 
Sunday, 17 Jun 2018

If state CM cant do loan waiving, why you promised it in election campaigns. 

Ramprasad
 - 
Sunday, 17 Jun 2018

HDK promised loan waiving. He failed to meet that and now seeking centre support?

Suresh
 - 
Sunday, 17 Jun 2018

Feku may waive loans for Mallya and Neerav Modi. Not for farmers

Farooq
 - 
Sunday, 17 Jun 2018

Centre wont support. State cant do alone. Here the Yeddy wins

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News Network
June 11,2020

Mangaluru, Jun 11: Amid rising COVID-19 cases in the district, the officials of Pilikula Zoological Park are also following quarantine policies for animals similar to those for people arriving in the state from other places.

Zoo officials said that these rules apply only for animals that are brought from other locations.

The officials are keeping animals brought in a separate room for one to two months and their health is monitored by expert Doctors. If there are no symptoms of any diseases, the animals will be clubbed with other Zoo animals.

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News Network
January 25,2020

Bengaluru, Jan 25: The Karnataka government would hold a Global Investors' Meet (GIM 2020) in Bengaluru from November 3-5 to showcase the southern state's ecosystem for attracting investments from the world over, an official said on Friday.

"Our Chief Minister B.S. Yediyurappa held the first road show on the GIM at the 50th World Economic Forum (WEF) annual meeting, being held at Davos in Switzerland and invited global firms to participate in the 3-day event for investment opportunities," additional secretary P. Ravikumar told IANS.

At a curtain-raiser on "Invest Karnataka 2020" on Thursday, the BJP Chief Minister said the theme of the GIM would be "Innovate Now. Growth Forever" as the state had one of the best natural and human resources for investing in manufacturing, services and agriculture sectors and creating jobs.

"About 100 entrepreneurs, businessmen and heads of global firms participated in the roadshow to assess the state's industrial policies, incentives, infrastructure, tax system and its ease of doing business for investment potential," Ravikumar said.

Among the participants at the event were Swiss-India parliamentary group president Niklaus-Samuel Gugger, Uber Chief Executive Dara Khosrowshahi, General Electric (GE) executive William Cowan and heads of Gemini Corporation, Coca Cola, SAP Labs, Swiss Re and Mitsubishi Heavy Industries.

"Khosrowshahi discussed Uber's expansion plans in Bengaluru and assured the Chief Minister of investing more in the state. Cowen expressed interest in the development of healthcare, renewable energy and power distribution across the state through partnership with the state government," the official noted.

The US-based transnational firm (GE) has a large presence in Bengaluru with one its largest engineering and technology centres and two production plants.

"A Coca Cola executive told Yediyurappa that the soft beverage firm would initially invest $25 million in its plants in the state and enhance it to $200 million to benefit farmers and rural people with access to clean drinking water in their villages," Ravikumar said.

The Chief Minister also sought to know the investment or expansion plans of global firms present in the state, especially Bengaluru and assured their heads of the state support in creating hundreds of jobs and wealth.

About 100 members of the Indian delegation to the WEF, led by Union Commerce and Industries Minister Piyush Goyal, Confederation of Indian Industry (CII) director-general Chandrajit Bannerjee, Bharat Forge chairman Baba Kalyani, Kirloskar Systems Managing Director Vikram Kirloskar, also participated in the state's GIM roadshow.

State Industries Minister Jagdish Shettar, chief secretary T. M. Vijaya Bhaskar, additional chief secretary E.V. Ramana Reddy and industrial department principal secretary Gurav Gupta also attended the state event.

"Emiriti Lulu Group chairman M.A. Yusuf Ali discussed plans to invest $300 million (Rs 2,160 crore) in logistics, hospitality and health/wellness sectors across the state with Yediyurappa," said Ravikumar.

Ali, an NRI (non-resident Indian) migrated to the United Arab Emirates (UAE) from Kerala two decades ago and founded the Lulu Group at Abu Dhabi to operate a chain of hypermarkets and retail firms since 2000.

"The Chief Minister assured Ali of speedy approvals and incentives for investing in the state, with ease of doing business," the official said in an e-mail to IANS from the Swiss town.

Asserting that his proactive government would work overtime to facilitate global investments in the southern state, Yediyurappa said he was committed to create more jobs across sectors.

Dassault Systems executive Florene Verzelen told the chief minister about her company's plans to set up centres of excellence in smart manufacturing and smart cities in the southern state.

"The centres will train and equip the youth with skilled jobs in large corporations the world over," Ravikumar reiterated.

Yediyurappa apprised US aerospace behemoth Lockheed Martin executive Richard Ambrose of the ecosystem for aerospace and defence industry in the state, especially Bengaluru.

"I will soon visit Bengaluru to explore the possibilities of investing more in Karnataka and taking up research and development work," said Ambrose on the occasion.

A delegation from global automotive component maker Denso also called on the chief minister and interacted with the state delegation.

The Japanese firm has an excellence and research centre in New Delhi and a manufacturing unit at Nelamangala on the outskirts of Bengaluru.

Denso executive Hiroyuki Wakabasyi said he would visit Bengaluru soon to explore further investments in the state.

"Arcelor Mittal chairman Laxmi Mittal also met the chief minister and discussed his company's investment plans in the state," the official added.

Mittal backed out of setting up a steel plant in the state's northern region over a decade ago due to delays in acquiring land and mandatory approvals.

Drug maker Novo Nordisk chief executive Lars Fruergaard expressed readiness to work with the state government in taking up educative and awareness programmes for diabetic patients.

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News Network
January 16,2020

Bengaluru, Jan 16: Former chief minister Siddaramaiah and other leaders are likely to make the final decision on the name of the next Congress president of Karnataka soon, said party leader Dinesh Gundu Rao on Thursday.

"He (Siddaramaiah) has met all the leaders and I think soon they will make a decision. It has already been delayed, it should not have been delayed so much. I am sure high command will take a decision on this," Rao told reporters here.

Both Siddaramaiah and Gundu Rao had resigned from their posts, Leader of Congress Legislature Party and KPCC president, after the party's drubbing in the bye-elections held for 15 Assembly seats last year.

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