Chief Minister Siddaramaiah announced that the government will waive off interest on medium and long crop loans disbursed by cooperative banks to farmers, despite the ruling Congress making no such promises in its manifesto before the assembly polls in May. The BJP members urged the chief minister to waive the entire loan amounts, while the CM criticized the Opposition BJP for not releasing any rupee towards farm loans.
Rising gold prices allow existing gold loan borrowers to seek a top-up. Alternatively, some NBFCs reduce the interest rate applicable on the loan, thereby reducing the monthly or quarterly instalment.
Join the farmers’ convention on Dec 23 in Belagavi to demand a loan waiver. Organized by Karnataka State Sugarcane Growers’ Association, this convention aims to address the financial crisis faced by farmers due to crop loans. Don't miss this opportunity to support the cause!
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