H D Kumaraswamy seeks centre's help to roll out farm loan waiver

Agencies
July 19, 2018

New Delhi, Jul 19: Karnataka Chief Minister H D Kumaraswamy today called on Union Agriculture Minister Radha Mohan Singh and sought financial help for implementing the Rs. 40,000 crore farm loan waiver scheme announced by the state government.

In its state budget on July 5, Janata Dal (Secular)-Congress coalition government had announced a loan waiver of Rs. 34,000 crore, which jumped to Rs. 40,000 crore after the state last week decided to waive all crop loans of Rs. 1 lakh in cooperative banks availed till July 10, 2018.

In the meeting with Union Agriculture Minister here, Mr Kumaraswamy said that the Karnataka government has taken a "drastic" step to waive farm loans taking into account the farmers' distress during the last eight years.

"The cost (of loan waiver) would be upwards at Rs. 40,000 crore. I have requested assistance from the Government of India for the same," he said in a representation made to the Union Minister.

To ensure that cooperatives are able to function effectively, the chief minister demanded for increase in the quantum of concessional refinance which National Bank For Agriculture And Rural Development (NABARD) provides from the current 40 per cent to 75 per cent of the ground level disbursement.

"This will help us to provide timely and needy credit to small and marginal farmers," he said.

To ensure farmers get credit at lower rate, the chief minister said that the government should raise the subsidy from 2 per cent to 3 per cent on crop loans for cooperatives.

With regard to minimum support price (MSP) of crops, Mr Kumaraswamy asked the Centre to consider C2+FL formula while fixing the price instead of current A2+FL formula.

He also suggested the central government to fix MSP for horticultural crops like tomato, onion and potato.

Among other demands, the chief minister demanded the Centre to give a special financial package of Rs. 2,477.26 crore for losses incurred by arecanut and coconut growers in the state.

Coconut has been affected in 1.37 lakh hectare and arecanut in 95,352 hectare and the total loss is pegged at Rs. 9,909.6 crore in the state, he added.

"The state has prioritised farmer welfare in all its programmes and simultaneously initiated concerted efforts to achieve the goal of doubling farmers income by 2022," the chief minister informed in the meeting.

The state has been perennially affected by drought with six out of last eight years being declared as drought years and farmers have endured adverse effect of severe successive droughts, he added.

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News Network
December 17,2025

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Melkar, Dec 17: The 17th Annual Day and Graduation Ceremony of Melkar Women’s PU and Degree College, themed “Fusion-2K25,” was celebrated with dignity and enthusiasm, marking a significant milestone in the institution’s academic journey. The programme reflected the college’s steadfast commitment to academic excellence, character building, and the holistic development of students.

The event was inaugurated by Mr. Asif Mohammed, whose presence greatly enriched the occasion. The celebration was further graced by the chief guests Mr. P. B. Ahmed Mudassir and Mr. Nissar Fakeer Mohammed, along with the distinguished guests of honour Mr. B. A. Nazeer and Mr. Ibrahim Gadiyar. In their inspiring addresses, the guests encouraged the graduating students and appreciated the dedicated efforts of the management, faculty, and students.

The annual report was presented by the Principal, Mr. Abdul Majeed S, highlighting the institution’s academic progress, notable achievements, and extracurricular accomplishments during the academic year.

The presidential address was delivered by the esteemed Chairman of Melkar Women’s PU and Degree College, Dr. Haji S. M. Rasheed, who emphasized the vital role of education in empowering women and shaping responsible citizens. He also stressed the importance of discipline, dedication, and perseverance in achieving success.

Cultural programmes and academic recognitions formed an integral part of the celebration, showcasing the talents and achievements of the students. The graduation ceremony was a proud moment for the outgoing students as they were formally conferred degrees and wished success in their future endeavours.

Ms. Mashmooma Fathima served as the Master of Ceremonies. The welcome address was delivered by Ms. Fathima Nida, and the programme concluded with a vote of thanks proposed by Ms. Ayisha Suhana.

The event successfully achieved its objectives and was highly appreciated by the guests and attendees.

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News Network
December 7,2025

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Mangaluru, Dec 7: A rare bamboo shrimp has been rediscovered on mainland India more than 70 years after it was last reported, confirming for the first time the presence of Atyopsis spinipes in the country. The find was made by researchers from the Centre for Climate Change Studies at Sathyabama Institute of Science and Technology, Chennai, during surveys in Karnataka and Odisha.

The team — shrimp expert Dr S Prakash, PhD scholar K Kunjulakshmi, and Mangaluru-based researcher Maclean Antony Santos — combined field surveys, ecological assessments and DNA analysis to identify the elusive species. Their findings, published in Zootaxa, resolve decades of taxonomic confusion stemming from a 1951 report that misidentified the species as Atyopsis moluccensis without strong evidence.

The shrimp has now been confirmed at two locations: the Mulki–Pavanje estuary near Mangaluru and the Kuakhai River in Bhubaneswar. Historical specimens from the Andaman Islands, previously labelled as A. moluccensis, were also found to be misidentified and actually belong to A. spinipes.

The rediscovery began after an aquarium hobbyist in Odisha spotted a shrimp in 2022, prompting systematic surveys across Udupi, Karwar and Mangaluru. Four female specimens were collected in Mulki and one in Odisha, all genetically matching.

Researchers warn the species may exist in very small, vulnerable populations as freshwater habitats face increasing pressure from pollution, sand mining and infrastructure development. All verified specimens have been deposited with the Zoological Survey of India for future reference.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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