Karnataka: Farmers allege foul play after banks take back loan waiver money, Kumaraswamy calls meeting of bankers - News Summed Up

Karnataka: Farmers allege foul play after banks take back loan waiver money, Kumaraswamy calls meeting of bankers


Hitting out at the state government, farmers' have alleged that the poll promise was only to lure voters as money was debited after results of Lok Sabha elections. However, speaking on this development, Chief Minister HD Kumaraswamy said that all this was lies and speculation being fanned by the opposition. Karnataka Chief Minister tweeted, "In some media clarify the news about credit waiver — This confusion has caused the nationalized banks in Yadgir district to make the classification of farmers' loans. This issue came to light during the audit of the state government after each loan waiver." Meanwhile, Commissioner of Survey, Settlement and Land Records, Munish Moudgil who is overseeing the implementation of farm-loan waiver scheme said this happened only in centralised banks through which 12 lakh farmers had applied for farm loan waiver.


Source: dna June 13, 2019 05:37 UTC



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