Farmers’ Loans: State to decide after Centre’s move

Jun 1, 2017

Mysuru: “I am not against waiver of farmers’ loans. I will wait and watch what union government will do in this direction and later decide on the issue,” said Chief Minister Siddaramaiah.

Speaking after laying the foundation stone for various developmental works including the projects to rejuvenate 150 lakes all at a cost of Rs 508 Crore in Periyapatna taluk represented by senior Congress leader K Venkatesh he said, “The farmers’ loans across the state is Rs 52,000 Crore which includes Rs 42,000 Crore loan from nationalised and commercial banks and just Rs 10,000 Crore from cooperative societies that is state government’s responsibility. Hence it is the responsibility of the central government to take steps to waive off major portion of the loans. If they contribute 50 percent we are ready to handle the rest from our end. Former chief minister Yeddyurappa, Member of Parliament Shobha Karandlaje and other BJP leaders instead of unnecessarily blaming the state government, should raise their voice in Delhi and exert more pressure on Prime Minister Narendra Modi to waive off the farmers’ loans. If the central government could ‘indirectly’ waive off farmers’ loans in Uttar Pradesh why can’t they do so in Karnataka?”

“When Manmohan Singh was the prime minister he waived off Rs 72,000 Crore farmers’s loans but incumbent Narendra Modi has not taken any initiative in this direction in the state. Though we have taken a delegation to meet Prime Minister Narendra Modi and even written a letter, he has not taken any decision. During Yeddyurappa’s tenure as the chief minister, when opposition leader Ugrappa had requested him to waive off farmers loan in state the former had reacted, ‘We are not printing money to waive off farmers’ loans’. BJP leaders especially Yeddyurappa and Shobha who just for publicity sake keep on asking the government to waive of farmers’ loans have not uttered a word in Delhi. Anyhow I will wait and watch and take an appropriate decision.”