PM Modi’s claim of Karnataka government waiving loans of only 800 farmers is absolutely false

While addressing a public rally in Ghazipur, Uttar Pradesh, where Prime Minister Narendra Modi had stopped by to release a commemorative postage stamp of Maharaj Suheldev, before heading to Varanasi, on December 29, he hit out at the Congress-JDS coalition government in Karnataka and said that their farm loan waiver has so far helped only 800 farmers in contrast to their promise of waiving loans of lakhs of farmers.

Karnataka mein laakhon kisaano ka karz maafi ka vaada kiya tha lekin sirf 800 kisaano ka karz maaf hua. Ye kaisa khel hai, kaisa dhoka hai? (The debt of lakhs of farmers in Karnataka was promised to be waived but only 800 farmers have benefited till date. What kind of a game is this, what deceit?)” PM Modi had said.

However, PM Modi’s claim is absolutely false as it is based on outdated numbers.

His claim takes origin from a December 13, Times of India report which stated that 800 farmers were provided with loan waiver after the Karnataka government distributed the sum of Rs 44,000 cr for the loan waiver scheme.

While presenting their first budget, Karnataka CM HD Kumaraswamy had announced a conditional waiver and had set aside Rs. 34,000 crore for the same. Later, the government decided to waive all crop loans of Rs 1 lakh in cooperative banks availed till July 1, 2018, taking the total figure up to Rs. 44,000 crore.

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However, since then, various news reports have been published showing a rise in this figure and proving that the Karnataka government is enabling more and more farmers avail the benefit of loan waiver.

An article by NDTV on December 19, 2018 stated that as many as 27,000 farmers in the state have received their cooperative bank loan waiver certificates at a total cost of almost 150 crores.

Following this, a report by The Hindu on December 28 reported that about 70,000 farmers in the state have benefited from the loan waiver scheme, the amount of which totalled to Rs. 348 crore.

Despite having numerous reports stating otherwise, PM Modi chose to quote the TOI report, which was older than the other articles quoted in this article.

Thus, his claim that that so far only 800 farmers have benefited from the loan waiver scheme of the Karnataka government is false and outdated.

Credit: Alt News

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