Karnataka waives Rs 34,000 crore farm loans
Bengaluru, July 5 : The Karnataka government on Thursday waived farm loans up to Rs 34,000 crore, giving relief to lakhs of farmers across the state.
"I propose to waive farm loans up to Rs 34,000 crore, with Rs 2 lakh per farmer family," Chief Minister H.D. Kumaraswamy said in the Assembly while presenting his maiden state budget for fiscal 2018-19.
The budget proposes to tax the people heavily by increasing the petrol fare by Rs 1.14 per litre and diesel by Rs 1.12 per litre.
"I also propose to increase excise duty on Indian made foreign liquor by 4 per cent to raise additional revenue for meeting the budget expenditure," said Kumaraswamy, who heads a coalition government of his Janata Dal-Secular and the Congress.
The Chief Minister has also proposed to increase power tariff by 20 paise per unit.
Promising to continue the flagship programmes of the previous Congress government, Kumaraswamy told the legislators that the overall size of the budget would be Rs 2,13,734 crore.
"I propose to allocate Rs 150 crore for agriculture development based on the Israeli model. We will focus on agriculture as well as the services sector," he said.
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.
Second PUC results: Life convict clears exam with distinction, DGP lauds effort
_vb_63.jpeg)
Bengaluru: A life convict lodged in Ballari Central Prison has successfully cleared the second PUC examination.
Ashok Kumar S, who appeared for the examination under prison escort, secured 481 marks out of 600, registering 80.1 percent.
Director General of Police (Prisons and Correctional Services), Alok Kumar (IPS), shared the development on his official ‘X’ handle, commending the inmate’s achievement.
In his post, he stated that it was heartening to see a life convict score over 80 percent in the examination, adding that the inmate had appeared from Ballari Central Prison under escort.
It’s heartening to see that one of our life convict prisoners Ashok has obtained 80.1% marks in PUC exam. He appeared under Prison escort from Ballari Central Prison for his exams.
— alok kumar (@alokkumar6994) April 9, 2026
Glad to see that Walls of the prison has not subdued his hopes for a better future. pic.twitter.com/Nzlcy076SR
He further noted that the achievement reflected that the “walls of the prison have not subdued his hopes for a better future.”
Alok Kumar in his post also shared the result sheet of Ashok.
The Karnataka School Examination and Assessment Board (KSEAB) declared the second PUC results for 2026 on April 9.
A total of 6,32,200 students appeared for the examination across all streams, of whom 5,46,698 passed, recording an overall pass percentage of 86.48 per cent.
