Implement loan waive in transparent way: CM Kumaraswamy

Agencies
July 30, 2018

Bengaluru, July 30: Karnataka Chief Minister HD Kumaraswamy on Monday asked officials to implement agricultural loan waive scheme in a transparent manner.

Addressing a meeting with the District Deputy Commissioners and Chief Executive Officers, Kumaraswamy said that the state government has decided to waive off the agricultural loans to the tune of Rs 49,000 crore. A government order on the guidelines would be issued soon.

On July 5, Kumaraswamy announced a partial loan waiver of Rs 34,000 crore which would benefit farmers whose loans are less than Rs 2 Lakh.

The Kumaraswamy-led Janata Dal (Secular) had resolved to waive farm loans borrowed both from cooperative and nationalised banks within 24 hours of formation of government.

The state has decided against waiving off higher value crop loan.

Comments

Suresh
 - 
Monday, 30 Jul 2018

All are saying the same. If they caught head handed, then may confess or defend

Nagaraj
 - 
Monday, 30 Jul 2018

We have hope in you hon. CM

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News Network
June 15,2020

Mangaluru, Jun 15: A 69-year-old man was murdered by his two sons at Muggaguthu in Karaya village under the limits of Uppinangady police station in Dakshina Kannada district. 

According to Police, accused Monappa Poojary (34) and Naveen (28) assaulted Dharnappa Poojary with sickle and wooden logs on Sunday night, leading to his on-the-spot death.

A family discord led to the murder, police said, adding that a case has been registered at Uppinangady police station and investigation was in progress.

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News Network
January 25,2020

Bengaluru, Jan 25: To address the grievances of the Industrialists, over the issue of acquisition of land, the state government have plans to dilute the Land Reforms Act, Chief Minister B S Yediyurappa, said here on Saturday.

Speaking to the media here, on his visit to the World Economic Forum, Davos, recently he said that 'the visit was fruitful and ends with satisfactory note by procuring promises from several Industrial houses to investment in Karnataka'.

Stating that during his five-day stay at Davos, he had met several Industries heads on the sidelines of the summit, and had an interactive meeting with them, Chief Minister said that 'the event had helped us to present our state Karnataka, to convince them about the prevailing industry-friendly environment'.

He said that he had met several heads of global companies, including Arcelor Mittal, Kirloskar, MAHINDRA, Bharat Forge, 2000 Watt, general electrical, Dassault, Dalmia, Lulu Group, Volvo, Nova Nosdik and Domeco.

'The interaction with the corporate heads was encouraging and more investment is expected to flow into Karnataka, in the fields of Mining, Power, Agriculture, Pharma, Education, and Industries.'

Informing that the main grouse expressed by the Industrialists about the bottlenecks being faced in the Land Reforms Act to procure land, he said that 'To make ease of conversion of Agricultural land we have plans to bring amendment and it would be both win-win situation to both Farmers as well as Industries.'

'We have promised them to remove all hurdles, which comes in the way of acquiring land to set up industries, and we have promised to rectify all the administrative problems within a month or two and legal problems in the next couple of months by amending existing laws.'

'We have also plans to present a new Industrial policy in the coming budget and roll out a comprehensive and investor-friendly law', he further said.

Replying to questions, Chief Minister said that 'all those investment proposals which got clearance at the High-Level Clearance Committee would automatically considered as ‘deemed permission’ and start the process of acquisition of land'.

'TheWorldEconomic Forum Summit had also served us as a platform to invite Industrialists to take part in the Karnataka Global Investors Meet scheduled to be held in November this year', he added.

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News Network
February 15,2020

Bengaluru, Feb 15: The Karnataka Legislative Assembly has decided to set aside two days - March 2 and 3 - for a special discussion over the controversial Citizenship (Amendment) Act continues across the country.

Assembly Speaker Vishweshwara Hegde Kageri told media persons here today that the Assembly would act as a platform for legislators to speak about the relevance of the Constitution and its contributions for the last seven decades. He had already held a round of discussions with senior legislators and all have expressed their willingness to participate in the debate. More details of the discussion would be worked out in the next few days after a meeting of the Business Advisory Committee of the House on February 18.

Asked whether it would be possible to have discussions rising above partisan politics in the present scenario, Mr. Kageri said “I have appealed to members to discuss the Constitution beyond the political prism.” Each member would be asked to speak on a specific topic of the Constitution.

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