CM H D Kumaraswamy finally waives Rs 9,448 crore farm loans!

Bengaluru: A month after Chief Minister H.D. Kumaraswamy announced waiver of farm loans of a whopping Rs 45,000 crores, the cabinet took the first step at writing off loans borrowed from the cooperation sector, a move which would benefit about 22 lakh farmers, on Thursday.  Today's decision would be applicable to loans borrowed till July 10 this year and amount to Rs 9,448 crores.   

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