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`Decision on farm loans stands' I will honour my promise to farmers, says Kumaraswamy

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WONDERFUL: Chief Minister H.D. Kumaraswamy looking at the flower arrangement after the inauguration of the International Flower Auction Centre in Bangalore on Thursday.Union Commerce Minister Kamal Nath is with him. Photo: V. Sreenivasa Murt hy
WONDERFUL: Chief Minister H.D. Kumaraswamy looking at the flower arrangement after the inauguration of the International Flower Auction Centre in Bangalore on Thursday.Union Commerce Minister Kamal Nath is with him. Photo: V. Sreenivasa Murt hy

Special Correspondent

No going back on decision on loan waiver: Chief Minister

BANGALORE: There is no question of going back on the Government's promise of waiving farm loans, Chief Minister H.D. Kumaraswamy said on Thursday.

"Some people have expressed doubts on whether it will be possible to waive the farmers' loans after I made the promise. I will do it," the Chief Minister said at the inauguration of the International Flower Auction Centre here.

The Opposition had expressed doubts whether it would be possible for the Government to mobilise huge resources to waive farmers' loans.

"We will not stop at just this. We are in the process of unveiling several pro-farmer programmes to improve their economic as well as living conditions," Mr. Kumaraswamy said.

He assured farmers that more funds would be earmarked in the Budget for agricultural schemes, including some related to export of farm produce.

"The farm sector too can contribute significantly to the growth of Gross Domestic Product (GDP) of the country," he remarked and sought the cooperation of farm experts and farmers' leaders in making this happen.

He appealed to farmers and agro-entrepreneurs to join hands with the Government in creating awareness among farmers about innovative practices and new cropping patterns to be adopted to withstand the global competition. Thanking the Chief Minister for his stand on loan waiver, Horticulture Minister Shashikanth Akkappa Naik urged him to take measures to ensure that farmers did not fall into a debt trap again after the loan waiver.

He also urged the Union Government to discourage the import of synthetic vanilla by increasing import duty. The Minister pointed out that vanilla growers, especially those in Karnataka, were in dire straits as the prices of the crop had crashed in the wake of the Union Government allowing import of synthetic vanilla.

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