Karnataka Chief Minister Siddaramaiah on Wednesday announced that the state government would waive farmers' loans up to Rs 50,000. "We are now under pressure to prevail over the Centre to announce a waiver for farmers who have taken loan from nationalised banks", said a senior BJP functionary.
In another tweet, the chief minister said that loans worth Rs 8,165 crore would thus be written off, benefiting 22,27,506 farmers in the state.
"While loan waivers may give temporary relief to farmers and boost rural consumption, funding of the same would likely worsen the fiscal deficit and leverage levels of the state governments, unless additional resources are mobilised or other expenditure is controlled", credit rating agency ICRA said. The loan waiver announcement from Karnataka Chief Minister comes a day after Union finance minister Arun Jaitley categorically stated that there were no plans of farm loan waiver. Under the scheme, loans up to Rs 50,000 will be waived off by the state government.
The state government has chose to give a flat debt relief worth Rs 2 lakh to marginal irrespective of their loan amount. States like Punjab and Uttar Pradesh have acted fast but the state government is only trying to buy time.
"So far the State government has been responsive to farmers' plight through various measures taken in the agriculture sector".
BJP Parliamentary Board to meet to finalise prez nominee Venkaiah Naidu on Sunday met Union Food Minister Ram Vilas Paswan and held discussions over the Presidential election. Each nomination paper has to be signed by at 50 proposers and an equal number of seconders who can also be MLAs.
Five protesting farmers were shot dead this month in the central state of Madhya Pradesh, which along with Maharashtra is ruled by Modi's Bharatiya Janata Party (BJP).
Accusing BJP of abandoning and forgetting the farmers, Congress Vice President Rahul Gandhi during his recent visit to the state had advised the state government to assist them.
Chief Minister Siddaramaiah said: "Farmers are in distress".
The total farm loans in Karnataka stands at over Rs1.16 trillion. He wrote on Twitter: "On behalf of our farmers, I request @PMOIndia to consider the acute drought & waive farmer loans from commercial banks". One of the condition was that farmers with four wheelers will not be eligible for the advance loan, This norm has been revised and to say that farmers own who any vehicle up to Rs 10 lakh will be eligible for this instalment.
In 2014, the party garnered 52 percent of the vote and 63 state Assembly seats. "Now this story will be told on a national stage". If the court decides to review the Wisconsin ruling on its merits, the justices will probably divide into at least two camps.
The new measures are presented in the form of an amendment to the draft law on the application of sanctions against Iran. Sanders insisted his concern was that the new sanctions against Iran would imperil the P5+1 nuclear deal with Iran.
The EIA expects US output to grow by 460,000 bpd in 2017, while OPEC forecasts USA production to increase by 800,000 bpd in 2017. Crude futures continued to fall Wednesday after an industry group said USA oil and gasoline stockpiles rose again last week.
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Harman's college coach, Chris Haack, watched the final few holes from Charleston, S.C., before heading off to a wedding party. Who will separate himself from the rest and take his place in history? "I've got a good plan for this course ", he said.
Japan's America's Cup dream ended as SoftBank Team Japan went down 5-3 to Sweden's Artemis Racing in their semifinal on Friday. A spokesman said the shore team worked through the night and that the boat will be ready for Thursday's three scheduled races.
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The violence began when police raided the homes and offices of members of the Gorkha Janmukti Morcha (GJM), a separatist movement. There were reports of death of an assistant commandant of the India Reserve Battalion but the death has not been confirmed yet.
Also of note, just 32 percent of those polled thought the Russian Federation investigation wasn't serious and should be set aside. Rasmussen poll results released about five months into Obama's first term - on June 16, 2009 - had his approval rating at 56%.
The driver and sole occupant of the Tesla died in the crash; the commercial truck driver was not injured. The NTSB probes only a handful of highway accidents each year in search of broad safety lessons.
That will help drive renewable penetration by 2040 to 74% in Germany, 38% in the US , 55% in China and 49% in India. Cheap renewable energy forms would decrease the use of coal in Europe by 87 percent and in the U.S.A by 45 percent.
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We understand he is lucky to be alive , and we owe it to these unbelievable individuals and Matt's fighting spirit and grit. Matt Mika , director of government relations for Tyson Foods , is one of several injured by an IL gunman.