New Delhi, July 12: Former Karnataka CM and BJP state chief BS Yeddyurappa on Thursday threatened to go on protest from July 16, if HD Kumaraswamy-led coalition government fails to clarify its stand on the farm loan waiver. In the July 5 state budget, Karnataka chief minister had announced a Rs 34,000 crore farm loan waiver scheme.
On Thursday, before winding up the debate on the budget, Kumaraswamy informed, “I’m giving one more good news to our farmers; we have decided to waive existing crop loans up to Rs 1 lakh borrowed from the cooperative sector. I have earmarked Rs 10,700 crore for this.” Opposition Leader BS Yeddyurappa assured BJP’s support if the government plans to increase the expenditure on irrigation projects. Besides, he raised questions on the budget, specifically regarding the farm loan waiver.
Yeddyurappa was curious to know how banks will grant a no-due certificate to farmers since the government was repaying them in installments. He said, “According to my knowledge it is impossible.” However, Kumaraswamy responded by saying, “It is possible; I have had meetings with banks. I’m not playing a game here… don’t have doubts about it.”
Since the reply by Kumaraswamy was not convincing, the BJP members walked out of the State Assembly. Yeddyurappa alleged, “There is no clarity on loan waiver, nothing is being said on weavers loan waiver. They have betrayed the people and farmers. ‘Sthree Shakti’ groups’ loan has not been waived.” The BJP members also accused the coalition government of “betraying” people for making false promises ahead of polls.