Karnataka to announce loan waiver for farmers' families who lost breadwinner to Covid


Bengaluru, Jul 15 (IANS): Karnataka's Bharatiya Janata Party government is all set to announce a loan waiver for the families of farmers who have lost their breadwinner to Covid. As many as 10,187 farmers across the state have died from coronavirus.

The government has completed the process of identifying the beneficiaries. The loan amount is calculated at Rs 79.47 crore taken from banks and Agricultural Cooperative Societies.

A meeting will be held with the apex bank management to ensure smooth and quicker processing of the loan waiver. A special meeting has also been called on Saturday to formulate guidelines in this connection.

"The scheme is being implemented as the family which has lost their breadwinner will be facing a financial crisis and they won't be in a position to repay loans. A decision will be taken in three-four days," S T Somashekar, minister for cooperation, said.

 

 

 

  

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Comment on this article

  • Ajay Rebello, Kallianpur

    Thu, Jul 15 2021

    What about their future. SC has ordered centre to provide compensation to all covid victims family and as usual no reply from centre instead election planning in UP.

    DisAgree Agree Reply Report Abuse

  • Charles D'Mello, Pangala

    Thu, Jul 15 2021

    It (79,47) is not even the one day income of the Government from the excise department. Let it be in the name of who consume drinks.

    DisAgree Agree [3] Reply Report Abuse


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Title: Karnataka to announce loan waiver for farmers' families who lost breadwinner to Covid



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