Karnataka CM Clueless On Waiving Off Rs 53,000 Crore Farm Loans, ‘Assurance’ Is All Kumaraswamy Has To Offer

Even as the leader of opposition B S Yeddyurappa is mounting pressure on the state government to do what he announced in his short stint of three days as the Chief Minister (CM), waiving off farm loans, the new CM so far only has an assurance to offer for the state’s distressed farmers.

CM H D Kumaraswamy had sought 15 days time after being sworn in to waive off farm loans but has only reiterated his assurance as he tweeted that his government is working on the modalities.

But the real issue seems to be the modalities within the coalition government that need to be handled. The CM’s party Janata Dal Secular had promised to waive off loans, which amount to a massive Rs 53,000 crore, within 24 hours of coming to power. But that promise has clearly not been kept and the opposition is leaving no stone unturned to remind him of the same.

As reported by OneIndia, the CM had said he would retire from politics if he fails to keep his promise as he asked the state to not “fall prey to BJP’s tactics”. The BJP had earlier called for a state-wide bandh on 28 May in protest over the failure to announce the loan waiver. Following which, the CM met farmers and the opposition leader and promised to act within 15 days.