Bengaluru, June 19: Karnataka Chief Minister H.D. Kumaraswamy on Tuesday said the Janata Dal-Secular (JD-S)-Congress coalition government is committed to waiving farm loans.

"I am soon going to call a meeting with the nationalised banks to figure out the modalities to waive loans of farmers in a scientific way. Our government is highly committed to waiving farm loans," Kumaraswamy said at his maiden press conference here after assuming office on May 23.

The Chief Minister, who met Prime Minister Narendra Modi during a two-day visit to New Delhi starting Sunday, said he has requested the Central government to bear 50 per cent of cost of the farm loans the state government plans to waive.

"As we are ready to waive loans to free farmers from debt, I request the Central government to provide 50 per cent financial support to our initiative," the JD-S leader had said at the fourth meeting of the governing council of Niti Aayog.

He also wrote to the Prime Minister on Monday to allocate 25 per cent of Rs 2 lakh-crore special bonds the Central government plans to raise to bail-out state-run banks to waive farm loans across the country.

Admitting that his JD-S did not receive people's mandate, the Chief Minister said his government will work for the all round development of the state and its citizens.

"The state government will work towards presenting a scheme which allows all the farmers to get loans without any difficulty."

The JD-S leader promised in the party's election manifesto that it would waive farm loans within 24 hours of assuming office if it was voted to power with a majority.

"Since we were not voted to power with a majority, we need to discuss with the other leaders in the coalition government," he said.

The Chief Minister who was late by 90 minutes for the press conference at Press Club in the city centre said he was busy with public visiting him at his home in the southern suburb.

 

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Mumbai (PTI): Royal Challengers Bengaluru skipper Rajat Patidar, Phil Salt and Virat Kohli blasted half-centuries as the defending champions beat Mumbai Indians by 18 runs in an Indian Premier League match here on Sunday.

Salt (78 off 36 balls) and Kohli (50 off 38 balls) stitched together a 120-run stand for the opening wicket before Patidar scored a rapid 53 off just 20 balls as RCB posted 240 for 4.

In response, Mumbai Indians were restricted to 222 for 5, with RCB spinner Suyash Sharma (2/47) putting the skids on the home side with a double strike in the eighth over, from which they could not recover.

Sherfane Rutherford top-scored for MI with an unbeaten 71 off 31 balls.

While opener Rohit Sharma appeared to be struggling with a hamstring issue and had to retire hurt on 19, his partner Ryan Rickelton made 37, while Suryakumar Yadav (33) and Hardik Pandya (40) were the other contributors for MI.

Brief scores:

Royal Challengers Bengaluru 240 for 4 in 20 overs (Phil Salt 78, Virat Kohli 50, Rajat Patidar 53, Tim David 35 not out).

Mumbai Indians: 222 for 5 in 20 overs (Sherfane Rutherford 71 not out, Ryan Rickelton 37, Hardik Pandya 40; Suyash Sharma 2/47).