Working on modalities, will announce farm loan waiver soon: HD Kumaraswamy

Working on modalities, will announce farm loan waiver soon: HD Kumaraswamy

Bengaluru: Committed towards waiving farm loans, Karnataka Chief Minister H D Kumaraswamy today said that his government is working on the modalities of farm loan waivers.

Taking to Twitter, the Chief Minister said he wants to ensure that the loan waiver is developed from a scientifically-procured process so that it may benefit the maximum number of farmers.

Chief Minister H D Kumaraswamy said he is working on the modalities and will announce it shortly.

Days after swearing-in as the Chief Minister of Karnataka, H D Kumaraswamy met representatives of farmers groups in Bengaluru and discussed the problems faced by them.

Only 10% farmer benefit from loan waiver: NITI Aayog

“This government is not in the sleeping mode. We are at the work of Karnataka citizens,” Kumaraswamy said after the meeting of farmer leaders, top officials and the BJP to draw up the contours of the loan waiver.

During the meeting, Kumaraswamy also promised to honour his commitment towards the farming community on farm loans within 15 days of coming to power.

Waiving farmers’ loan was one of the main focuses of Janata Dal (Secular) leader H D Kumaraswamy’s campaign during the May 12 Karnataka Assembly elections.