Farmers may get sweet news?
CM may follow Andhra-Telangana model to waive off the loans
Bengaluru, May 29: Chief Minister HD Kumaraswamy, who has said that he would declare the issue of loan waiver on Wednesday, is likely to follow Andhra and Telangana model in waiving off the farmers loans.
After holding a marathon meeting with the officials of the Finance department at his home office Krishna here on Tuesday, Kumaraswamy got information on pros and cons of waiving off Rs 53,000 crore farm loans on the state exchequer. The officials said that both Andhra Pradesh and Telangana have waived off farmers loans to the tune of Rs 22,000 crore and Rs 17,000 crore respectively and they have been paying the concerned banks in installments.
After waiver off the loan amount, the government has to pay the amount to the banks in installments. As the governments have given security for financial transactions, the banks have agreed for this method. Now, the CM has discussed with the officials on following this model in the state, it is said.
Even the Chief Minister is also aware of the fact that it is impossible to pay Rs 53,000 crore at a time. Keeping this in mind, he has planned to follow Andhra and Telangana model. Sources said that the officials of the Finance department have also agreed for this proposal.
Meanwhile, the officials also have given suggestions on accumulating the additional amount to be paid in installments to the banks in order to ease the financial burden on the government. After holding the meeting with the leaders of the farmers’ organizations, the Chief Minister is likely to announce his decision, it is said.
Amidst the tug of war between JDS and Congress over getting finance portfolio, the Congress high command has given a green signal to keep the Finance Portfolio with the Chief Minister himself. When Kumaraswamy expressed his helplessness as the Chief Minister without Finance portfolio, the Congress high command changed its decision, it is said.
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Sculptor Ram Sutar, designer of Statue of Unity, passes away
New Delhi (PTI): Noted sculptor Ram Sutar, known for designing the world's tallest statue — Statue of Unity — in Gujarat, passed away late on Wednesday night at his Noida residence, his son said.
He was 100 and ailing with age-related illnesses.
"It is with profound grief that we inform you of the passing of my father Shri Ram Vanji Sutar on 17th December midnight at our residence," his son Anil Sutar said in a note shared with the press on Thursday.
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Born in a humble family in Gondur village under the Dhule district of present-day Maharashtra on February 19, 1925, Sutar is known to have been drawn to sculpting from his childhood.
A gold medallist from JJ School of Art and Architecture, Mumbai, Sutar, has to his credit a long list of achievements.
The iconic statues of Mahatma Gandhi seated in a meditating pose and of Chhatrapati Shivaji riding a horse on the Parliament premises rank among his finest creations.
The Statue of Unity honours Sardar Patel, country's first deputy prime minister and home minister.
Sutar was honoured with the Padma Shri in 1999 and the Padma Bhushan in 2016.
Recently, Sutar was conferred with the Maharashtra Bhushan Puraskar, the state's highest award.
