Loan Waiver Of Rs 25,000 For Farmers With Loans Below Rs 2 Lakh

The Congress-JD(S) coalition government in Karnataka announced its maiden budget on July 5, where CM Kumaraswamy waived off farmers' loans taken from cooperative and nationalised banks. The Congress-JD(S) coalition, in its maiden budget, announced a cap of Rs 2 lakh for the loan waiver. The families of government officials, official cooperative sectors, farmers who have paid income tax for the past three years and ineligible recipients of farm loans will not benefit from this waiver.
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