Guidelines on farm loan waiver will be announced in Budget: CM
Bengaluru, June 25: Chief Minister HD Kumaraswamy said that he has got the suggestions from the cooperative societies on farm loan waiver and guidelines for which will be announced in the Budget.
After holding a meeting with the officials of Agriculture, Cooperative Department and representatives of cooperative sector at the Vidhana Soudha here on Monday, the CM told media persons that the loan waiver scheme which should protect the interests of the farmers would be implemented. “How many days I will be in power is not important for me. What I will do for the welfare of the people during that time is more important for me. In order to help the farming community, he has got the suggestions from the Cooperative Sector. But at the same time, the cooperative societies should not incur losses due to the loan waiver scheme. The suggestions emerged from the meeting would help me in preparing the guidelines”, he said.
Within the limits of the coalition government, he would honestly try to fulfill the promises given to the farmers. Officials would play a major role in protecting the farmers. He noticed that some officials have been talking about the life of this coalition government. The officials have the onus to implement the government schemes. Officials need not to have any confusion on the existence of the coalition government. Farm loan waiver should benefit the farmers. It should not help the middlemen because he would not get any commission, he said.
Time extended up to March 31
The farmers would not get anything if they renew the old loan. The farmers should be ensured the loan benefits on time. Representatives of some cooperative societies have suggested to extend the last date from December 31, 2017 to March 31, 2018 to consider the loans for waiver scheme. Now, he has asked the Finance department officials to submit an actual report on the burden to the government and the cooperative societies if the time is extended. To implement the scheme, all cabinet colleagues including Deputy Chief Minister Dr G Parameshwar and MLAs have supported. Shortly, a decision would be taken to waive off the huge farm loan, he said.
To be announced in Budget
The previous government had waived off the crop loans up to Rs 50,000 due which the state Exchequer incurred a burden of Rs 8000 crore and now, it would have another Rs 10,000 crore burden. Along with this, the details of crop loans taken from nationalized banks should be collected. For the implementation of the 6th Pay Commission recommendations, the government would require Rs 17,000 crore. Moreover, the government should continue the major programmes of the previous government. Keeping all these in mind, he would announce the loan waiver scheme in the budget shortly, the CM said.
Cooperative Minister Bandeppa Kashempur, Agriculture Minister NH Shivashankar Reddy, Health Minister Shivananda Patil, Chief Minister’s finance advisor Dr S Subramanya, heads of all district central cooperative banks and senior officers were present at the meeting.
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.
Denmark's Victoria Kjaer Theilvig named 73rd Miss Universe
New Delhi: Victoria Kjaer Theilvig of Denmark has been crowned Miss Universe for the year 2024, marking her country's first win at the international beauty pageant.
The 73rd edition of the pageant, which saw participation by more than 120 contestants, was held on Saturday night at the Mexico City Arena.
Miss Nigeria Chidimma Adetshina placed second, whereas Miss Mexico Maria Fernanda Beltran came in third.
"A new era begins! Congratulations to Denmark, our 73rd Miss Universe. May your reign inspire and empower women worldwide. #73MissUniverseCompetition," read a post on the official Instagram page of Miss Universe.
Theilvig, an animal protection advocate who works in the diamond selling business, was crowned by Miss Universe 2023 Sheynnis Palacios from Nicaragua.
Rhea Singha, who represented India at the 73rd edition of the competition, was called into the list of top 30 contestants.
The event kickstarted with a performance by mariachi musicians and singer Taboo of the Black Eyed Peas on "Mexicana", a song created by Emilio Estefan for the contest.
Miss Universe 2024 was hosted by Mario Lopez, Miss Universe 2012 Olivia Culpo, presenter Zuri Hall, and Miss Universe 2018 Catriona Gray.
The gala, hosted for the third time in Mexico, also had first-time representatives in countries such as Belarus, Eritrea, Guinea, Macau, Maldives, Moldova and Uzbekistan.
View this post on Instagram
