Up to Rs 2 lakh loans in nationalized banks to be waived off
Cabinet decision
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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Muniratna should be expelled from BJP: Dinesh Gundurao
Bengaluru: Karnataka's Health Minister Dinesh Gundurao has demanded the expulsion of BJP MLA Muniratna from the party, urging the BJP to demonstrate its commitment to justice and fairness to the people of Karnataka.
Taking to micro blogging platform, X on Tuesday, Gundurao remarked, “BJP MLA Muniratna’s casteist comments against the Vokkaliga community have been confirmed by the FSL report submitted to the SIT. He not only demeaned the Vokkaliga community but also made derogatory remarks about the women of the community.”
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He further alleged, “It has been established that Muniratna is not only a casteist but also a misogynist. Despite this, the BJP continues to support him, proving yet again its anti-women stance. The BJP’s backing of Muniratna exposes its hypocrisy in claiming ‘Hindus are one.’”
Gundurao also criticized Prime Minister Narendra Modi's slogan, "Beti Bachao, Beti Padhao," calling it "ridiculous" in light of the BJP’s alleged support for individuals accused of mistreating women. He urged the BJP to take action and protect the dignity of women and vulnerable communities in the state.
ಒಕ್ಕಲಿಗ ಸಮುದಾಯದ ವಿರುದ್ಧ ಬಿಜೆಪಿ ಶಾಸಕ @MunirathnaMLA ಜಾತಿ ನಿಂದನೆ ಮಾಡಿರುವುದು ಈಗ ಎಸ್ ಐ ಟಿ ಗೆ ದೊರಕಿರುವ ಎಫ್ಎಸ್ಎಲ್ ವರದಿಯಲ್ಲಿ ಸಾಬೀತಾಗಿದೆ. ಮುನಿರತ್ನ ಒಕ್ಕಲಿಗ ಸಮುದಾಯದ ಕುರಿತು ಕೀಳಾಗಿ ಮಾತನಾಡಿರುವುದಷ್ಟೇ ಅಲ್ಲ, ಆ ಸಮುದಾಯದ ಹೆಣ್ಣುಮಕ್ಕಳ ಬಗ್ಗೆಯೂ ನಾಲಿಗೆ ಹರಿಬಿಟ್ಟಿದ್ದಾರೆ.
— Dinesh Gundu Rao/ದಿನೇಶ್ ಗುಂಡೂರಾವ್ (@dineshgrao) November 26, 2024
ಬಿಜೆಪಿ ಶಾಸಕ ಮುನಿರತ್ನ ಜಾತಿ… pic.twitter.com/th5gIEvFEn
