Bengaluru, August 24: As announced in the Budget, the JDS-Congress coalition government on Friday decided to waive off the loans from nationalized banks up to Rs 2 lakh. The Cabinet also decided to waive off current loans up to Rs 2 lakh availed from the nationalized banks and this would cost Rs 32,000 crore burden on the state Exchequer.
The Cabinet meeting chaired by Chief Minister HD Kumaraswamy took the decision. Speaking to reporters after the Cabinet meeting, Kumaraswamy said that earlier, nationalized banks have agreed for the loans waiver, but later backtracked from their decisions. The loan waiver would be implemented in phased manners in the next four years. Including the previous government’s loan waiver amount, the state government has the burden of Rs 43,000 crore now, for which, two nodal officers would be appointed to process it, he added.
It was already decided to accumulate the financial resources from the state Exchequer. The government has reserved Rs 6,500 crore for loan waiver during this financial year. In 2019-20, the government would reserve Rs 8,656 crore, Rs 7,876 crore in 2020-21 and Rs 7,231 crore in 2021-22 for loan waiver purpose. The banks have charged 12 per cent interest, for which Rs 7,419 crore interest would be borne by the government, he said.
From loan waiver decision, the government has to pay Rs 32,000 crore to the banks and it was decided in the Cabinet meeting on how to repay it in four years, he said.
Runaparihara Act again
Former chief minister Devaraj Urs had brought in Runaparihara Act in 1976. The loans availed from private money lenders and hand loans up to Rs 1,25,000 would also be waived off. The government has decided implement this Act through Ordinance under which those who recover loans forcefully would get one year jail term. It was decided to recommend the President for the approval, he said.
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Mumbai, Jul 25 (PTI): Police have opposed the bail plea of the Bangladeshi national arrested for allegedly stabbing Bollywood actor Saif Ali Khan with a knife and injuring him at his home here in January this year, telling a Mumbai court there was "strong evidence" against the accused.
Citing a Forensic Science Laboratory report, police reiterated before the sessions court their earlier claim knife fragments that got lodged near the actor's spine during the attack as well as a part found at the crime spot have matched with the weapon recovered from the accused, Shariful Islam.
These three pieces were part of the same weapon (knife) used to attack the filmstar, the police said in a written response to the accused's plea submitted in the court on Thursday (July 24).
Khan was repeatedly stabbed with a knife by an intruder inside his 12th floor apartment in upscale Bandra on January 16 during a robbery attempt.
The 54-year-old actor underwent surgery at Lilavati Hospital to remove a piece of knife that got lodged near his spine during the attack. He was discharged from the private hospital after five days.
Shariful Islam, a Bangladeshi national, was arrested two days later for allegedly stabbing Khan.
The police, in their response, highlighted that the accused is a Bangladeshi citizen residing illegally in India.
If granted bail, there was a possibility that he may flee India and not appear before the court during the trial. The crime committed by the accused is of a "very serious nature, and strong evidence" is available against him, they argued.
In his bail plea, filed through advocate Vipul Dushing, the accused asserted he was innocent and had no prior criminal record.
Investigation into the case has practically concluded with only the filing of a chargesheet pending, the accused contended while seeking bail.
The alleged attacker has been booked under Bharatiya Nyaya Sanhita (BNS) sections related to house trespass, robbery and dacoity with attempt to cause death or grievous injury.