Karnataka CM announces â¹34,000 cr farm loan waiver
Presenting his government's first budget, Karnataka Chief Minister HD Kumaraswamy on Thursday announced a farm loan waiver of â¹34,000 crore. He said that loans of up to â¹2 lakh for each farmer will be waived. Farmers who repaid the loan within time will be credited the repaid loan amount or â¹25,000 whichever is less.