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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coastaldigest.com news network
July 1,2020

Mangaluru, Jul 1: Sudarshan Moodbidri, president of Dakshina Kannada district unit of Bharatiya Janata Party escaped unhurt after the car in which he was travelling met with an accident today on the outskirts of the city. 

The car’s front portion was completely damaged in the accident. It is not yet known who was driving the car. Sources said that Sudarshan did not suffer any injury. 

The mishap occurred when the driver lost control while trying to avoid hitting a pedestrian at Mijar near Moodbidri. The car collided with an oncoming vehicle before it veered off the road and entered the roadside sludge.

Sleuths from Moodbidri station police visited the spot as part of investigation.

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News Network
June 19,2020

Bengaluru, Jun 18: Former Karnataka Chief Minister and Congress leader Siddaramaiah has accused the BJP-led government of not passing the benefit of the low price of crude to the common man and urged Prime Minister Narendra Modi to take steps to bring down prices of petroleum products.

Hitting out at the BJP-led government, he termed it as "opportunistic" and said the price of petroleum products were being increased when people were facing difficulties due to COVID-19.

"It is very disheartening to witness and unprecedented opportunistic government which is trying to extract every pound and flesh from the common man, that too when the whole country is suffering from the COVID-19 pandemic. This is in the backdrop of the continuous price hike in the last 10 days," said the letter was written on Wednesday.

The Congress leader said that the policy decisions taken by the government "with respect to managing fuel sources are inconsistent with the prudent measures generally adopted".

"When the price of crude oil was remarkably low in March, April and May 2020, your government was very reluctant to pass on the benefits to the people by reducing the fuel prices proportionately, but, instead, your government continued to capitalise by increasing the excise duty," he said.

He said the government had also "failed" in the last six years to increase the oil storage capacity which could have been used for the country's advantage when the international crude oil price fell really low.

He said the government should roll back the excise duty and help in the reduction of fuel prices.

"The reduced burden will help the common man to have additional money in hand that will be spent on essential goods and services which will ultimately help them tide over these difficult times," he said.

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News Network
April 29,2020

Bengaluru, Apr 29: Janata Dal-Secular leader and former Karnataka chief minister HD Kumaraswamy on Tuesday accused the central government of writing off loans of those who are facing charges of fraud.

In a series of tweets, Kumaraswamy slammed the central government.

"Really? At a time when the whole world is worried about unprecedented economic emergency, writing off Rs 68,000 crore loans of willful big fish defaulters became the best antidote to the economic crisis? And how is 50k cr package to mutual funds going to help the common man?" he tweeted.

In another tweet, Kumaraswamy said that "Billionaire scamsters like Vijay Mallya, Mehul Choksy, Sanjay Junjunwala seem to be very dear to this government".

"Na khaunga, na khane dunga" is yet another jumla unraveled. Billionaire scamsters like Vijay Malya, Mehul Choksy, Sanjay Junjunwala seem to be very dear to this government. The poor are dying by the roadside, farmers are desperate, the middle class is faced with economic doom.

The government has done little to help. But it writes off loans of those who are facing charges of fraud! What patriotism! What nationalism!" he tweeted.

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