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‘Disappearance’ of farm mortgage waiver cash: K’taka CM blames cooperative banks


At the beginning of June, over 13,000 farmers in Kalaburgi and Yadgir awakened to the reality that their cash obtained from the loan waiver scheme changed into the lower back to the government. Over three weeks after the incident came to light, Chief Minister HD Kumaraswamy, who visited Gurmitkal in Yadgir, said that the district co-operative banks and Apex banks had made a mistake the state government had no longer taken away the farmers’ cash.


Speaking to the human beings of Yadgir all through his village live marketing campaign, CM Kumaraswamy stated, “The DCC (district cooperative imperative banks) have made mistakes. The DCC banks had to pay returned loans to Apex Banks, and they have used the mortgage waiver cash to go back it. This was not a blunder on behalf of the government. We will make sure your money is back,” Kumaraswamy said.

The Chief Minister said that the government had launched Rs 320 crore to DCC banks to waive loans and that seventy-two 000 farmers’ loans worth Rs 199 crore have been waived. “The ultimate cash became returned because the DCC banks owed Apex Banks cash. They were not meant to apply the mortgage waiver cash. However, I even have directed officers involved to release extra Rs 100 crore so that farmers get their money on time,” Kumaraswamy brought.

Before May 23 (Lok Sabha results), the national authorities had introduced that loans in business banks worth Rs 4,830 crore have been waived for 7.49 lakh farmers till April 2019; and loans in cooperative banks really worth Rs 3,488 crore have been waived for 8.1 lakh farmers. The CMO had mainly said that Kalaburgi district had the maximum variety of beneficiaries from the co-operative financial institution area (seventy-two,654), accompanied using Haveri (sixty-two,915) and Raichur (forty-nine,280). In industrial banks, Belagavi district had recorded the best variety of farmers whose loans were waived (87,276), followed via Tumkur (82798) and Mandya (seventy-eight,167).

When the difficulty got here to mild, Chief Minister HD Kumaraswamy had stated that the discrepancy turned into referred to inside the financial institution bills of 13,988 farmers within the country and had promised to probe the matter. An assembly changed into held with representatives of various banks on June 14. However, Kumaraswamy had blamed the nationalized banks at the time and now not the DCC banks. “Since this morning (Tuesday), the news is being circulated that the national authorities had deposited the cash in advance of the elections most effective to win votes. What will you (the media) advantage from this? The discrepancies have taken place in nationalized banks. You (the media) praise Modi each day. Why now not question him about this?” Kumaraswamy stated.

In an extreme lapse of safety at the Kempegowda International Airport (KIA) in Bengaluru, seven people reached the boarding gate while not having gone through the necessary frisking. The incident happened on Monday night at around 9 pm. Staff contributors of Indigo airways took awareness of 4 ladies passengers at a boarding gate whose boarding passes had no longer been stamped via safety personnel. The women who had been bound for Pune have been later taken to the domestic protection conserving location and underwent security to look at earlier than they have been allowed to board the flight.

Shortly after this incident, a 2d group such as guys and one girl boarded a flight to Nagpur. It becomes best once they had boarded that the workforce individuals of the airline observed their passes had not been stamped. The Additional Director General (airport area) has reportedly asked for intensive research into the incident and has written to the KIA personnel soliciting a response.

Dated June 18, the letter has sought the right explanation about the incident.

According to reviews, the safety sales space became no longer operated when the passengers entered the safety test premises. As a result, these passengers went via with no frisking or checking taking vicinity. The Central Industrial Security Force (CSIF) stated that the seven passengers crossed thru an unmanned frisking area and went thru it collecting their luggage. One set of passengers who have been headed to Pune changed into made to go back and undergo protection check after an airline personnel member observed there had been no stamps on the boarding passes. The other institution controlled the flight and reached their vacation spot in Nagpur before the incident became flagged. CISF headquarters in Delhi will inspect the problem and determine the next route of motion.

Deborah Williams
Snowboarder, foodie, ukulelist, vintage furniture lover and identity designer. Making at the intersection of minimalism and mathematics to create strong, lasting and remarkable design. I work with Fortune 500 companies and startups. Award-winning beer geek. Twitter fan. Social media scholar. Incurable travel advocate. Alcohol expert.