Upset over loan waiver limit, farmer ends life in Mandya

Upset over loan waiver limit, farmer ends life in Mandya

Mandya: Hours after Chief Minister H.D. Kumaraswamy announced a farm loan waiver of Rs. 34,000 crore that will waive off loans up to Rs. 2 lakh, one farmer from Mandya committed suicide by hanging late last evening.

The farmer has been identified as 60-year-old K.C. Bhadraiah of Kacchigere near Mandya. Ironically, Bhadraiah was a great fan of Kumaraswamy and had hoped that the CM will waive off all farm loans. Bhadraiah had borrowed Rs. 5 lakh loan and had grown sugarcane in a 2-acre land. Due to successive drought, he could not make any profits.

Villagers and family members of Bhadraiah said that he had heavy expectations on Kumaraswamy and hoped that his loan of Rs. 5 lakh would be waived off. However, he was disappointed as the CM announced only Rs. 2 lakh loan waiver.

July 6, 2018

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Posts

Mysuru's favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 39 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it's readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.