I vow on my son, I’ll waive off farm loans: CM Kumaraswamy
Bagalkot, Dec 28: “The Coalition government was committed to waive off the farmers loans. Believe me. I have only one son and I vow on my son that I would waive off the farm loans”, said Chief Minister HD Kumaraswamy.
Speaking at a programme organized to distribute No Objection Certificates to 2,796 farmers in Bagalkot on Friday, the CM said that the Opposition leaders have been alleging that the coalition government is cheating the farmers in loan waiver issue.
But we have taken a strong decision to waive off the loans. Our government will not cheat the farmers. Let us give strength. The Coalition government would survive. Farmers are no need to be panic. I will not go without waiving off farm loans”, the CM promised.
The government has not put any conditions for loan waiver. Only Aadhar card and pahani were asked with an intention that the loan waiver amount should not be misused by the middlemen.
If the banks served notices asking repayment of loans, no need to worry. They could not do anything. The government was with you. If the problem persists, meet the Deputy Commissioner and get solution, he asked the farmers.
Even in nationalized banks, the farmers were given NOC. There was no dearth of funds for farm loan waiver. It was decided to give additional Rs 2,500 crore. The government has decided to give Rs 25,000 incentives to the farmers who have taken loans from nationalized banks. The loan waiver would happen in four stages. In the next budget, Rs 25,000 crore nationalized banks loans would be waived off.
Under loan waiver scheme, total Rs 29,190 crore loan from 12 districts in Karnataka would be waived off, while Rs 12,070 crore from 12 districts of Old Karnataka, Rs 3,981 crore of three districts of central Karnataka and 1,508 crore of coastal districts would be waived off. Farmers from North Karnataka were getting total 63 per cent benefit of the scheme, he said.
“I have met Prime Minister Narendra Modi in New Delhi yesterday and appealed him to declare Upper-Krishna Project as national scheme and join hands with us. During his tenure as the PM, Deve Gowda had sanctioned the irrigation projects. The Cabinet has decided to give drinking water facility to 18 villages of Badami constituency.
A sum of Rs 65,000 crore has to be given for acquiring land for Upper-Krishna Project. First water should be released to Andhra Pradesh after storing water in our land. This is the water sharing situation”, he expressed his disgust.
Budget presentation in February
“The next Budget would be presented in February. Priority would be given to permanent solutions to the farmers problem. We have decided to change the farming methods. But you have to cooperate with us. I have decided to spend more time for the development of the North Karnataka”.
- HD Kumaraswamy, Chief Minister
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3 officials of private banks arrested in Gujarat in Rs 2,500 crore cyber fraud; 20 held so far
Rajkot (PTI): Three officials of leading private banks were arrested for their alleged involvement in a Rs 2,500-crore cyber fraud racket in Gujarat's Rajkot district, bringing the number of those held so far in the case to 20, police said on Monday.
Those arrested were identified as Maulik Kamani, a personal manager at Yes Bank in Padadhari; Kalpesh Dangariya, a manager at Axis Bank in Jamnagar; and Anurag Baldha, a personal banker with HDFC Bank, Rajkot (Rural) Superintendent of Police Vijay Gurjar said.
Dangariya and Baldha were previously employed with Yes Bank, he added.
Kamani allegedly assisted the earlier arrested accused in opening and managing suspicious accounts. He also helped bypass banking alerts triggered by high-value transactions by submitting additional documentation to keep accounts active, the SP said.
Kamani was allegedly involved in cash withdrawals that were later routed through hawala channels (illegal money transfer system), supported by digital evidence recovered from his mobile device, he added.
Dangariya is accused of facilitating the opening of fraudulent accounts using fake or misrepresented identities, police said.
He also assisted in structuring documentation, including Agricultural Produce Market Committee (APMC)-related papers, to prevent transactions from being flagged as suspicious, they said.
On the other hand, Baldha opened new accounts after verification and certification processes as part of the racket, Gurjar informed.
All the three accused are in police custody, while others are in jail under judicial remand, SP said.
So far, police have identified 85 bank accounts linked to the racket with 535 complaints filed on the cyber crime portal.
The total transaction linked to the cyber fraud exceeds Rs 2,500 crore, police said.
The earlier fraud amount was pegged by police at Rs 1,500 crore.
