NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / Politics News / I'm at Congress's mercy, but loan-waivers will surely happen: Kumaraswamy
    Next Article
    I'm at Congress's mercy, but loan-waivers will surely happen: Kumaraswamy

    I'm at Congress's mercy, but loan-waivers will surely happen: Kumaraswamy

    By Gogona Saikia
    May 28, 2018
    10:42 am

    What's the story

    HD Kumaraswamy, new Karnataka CM, has said that he is not at the mercy of the 6.5cr people of the state, but of the Congress.

    "I had sought an absolute majority. The people of the state rejected me and our party," he reminded.

    However, he assured that farm loans would be waived. If he couldn't do it, he would resign within a week.

    BJP

    Kumaraswamy's BJP successor had waived loans hours after taking oath

    JD(S)' Kumaraswamy was sworn in as CM after a week of political drama on May 23, in alliance with Congress.

    Since then, he has been under pressure from BJP to waive farmers' loans, as he had promised during campaigning.

    BS Yeddyurappa, who preceded him as CM for two days, had set an example, BJP said; hours after coming to power, he had announced waivers.

    Promises

    Kumaraswamy wanted 24hrs for waivers, now asks for a week

    Incidentally, Kumaraswamy had promised he would declare waivers within 24 hours if he won.

    But a day after swearing-in, he said his coalition government would do it only after "compil(ing) the manifesto of two parties and improving the economy."

    However, he has insisted he won't backtrack. "(Waivers) can happen only after cabinet expansion. I will do it in a week or quit as CM."

    Protest

    BJP calls for statewide shutdown if loans not waived

    Reiterating his commitment towards farmers' welfare, Kumaraswamy said, "I am one step ahead of you to work for the farmers."

    He requested farmers not to take any extreme step and wait for a week as he waives not just cooperative society loans, but also of nationalized banks.

    BJP had called for a statewide shutdown today if loans worth Rs. 53,000cr weren't waived by now.

    Reality

    Can Karnataka farmers expect the waivers soon?

    Kumaraswamy isn't exactly known for sticking to his words. Earlier, he had declared JD(S) won't ally with the BJP or Congress. "Both are enemies," he had said.

    He claimed Congress wanted to finish JD(S), and to protect it, he aligned with the BJP twelve years ago. Now, his choice to go with the Congress is perplexing to Kannadigas.

    Information

    New CM to meet PM Modi in Delhi today

    Meanwhile, Kumaraswamy has dismissed speculation about a Congress-JD(S) tussle. He added it is natural for Congress to demand the finance portfolio as some in the party believed they could perform better. The new CM is scheduled to meet PM Narendra Modi in Delhi this evening.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    Karnataka
    Narendra Modi
    Farmers
    BS Yediyurappa

    Latest

    IPL 2025 set to resume on May 17: Presenting details Indian Premier League (IPL)
    'No firing or aggressive action': India after talks with Pakistan   Indian Army
    'Every terrorist now knows price of removing sindoor': PM Modi Narendra Modi
    Amazon-backed supermarket chain More Retail eyeing ₹2,000cr IPO in 2026 Initial Public Offering (IPO)

    Karnataka

    Karnataka poll result: NCP surprised, wants paper ballots over EVMs Lok Sabha
    Kumaraswamy: BJP offering Rs. 100cr to poach JD(S) MLAs Janata Dal (Secular)
    Karnataka Governor (finally) invites BJP's BS Yeddyurappa to form government Karnataka Election
    After high-octane late-night incidents, Yeddyurappa takes oath as Karnataka CM Supreme Court Of India

    Narendra Modi

    Rahul Gandhi thinks situation in Karnataka is similar to Pakistan Pakistan News
    Another BSF jawan killed in Pak firing along IB Pakistan News
    PM Modi to launch India's longest road tunnel in J&K Jammu And Kashmir
    Consider CAATSA before buying Russian arms: US to allies India

    Farmers

    Centre won't pay for farm loan waivers announced by states Maharashtra
    Loan waivers: state's solution would become an entire nation's problem India
    How economically prudent are farm loan waivers? India
    Punjab announces loan waivers for farmers worth Rs. 24,000cr Punjab

    BS Yediyurappa

    Forensics: Yeddyurappa's voice confirmed in "pay-off" clip Karnataka
    DySP Ganapathy death case: Karnataka minister KJ George booked Karnataka
    Karnataka: Can the Lingayat movement be compared with Patidar agitation? Karnataka
    Mahadayi dispute: Two bandhs in 10 days to hit Karnataka Karnataka
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025