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Agriculture
Karnataka CM heads all‑party delegation to New Delhi seeking farm loan waiver amid drought
✍️ The Economic Times
🗓 05 Sep 2026, 04:33 AM
👁 86
Karnataka Chief Minister Basavaraj Bommai will lead a multi‑party delegation to meet Prime Minister Narendra Modi in New Delhi, pressing for a nationwide farm loan waiver as the state grapples with severe drought.
Karnataka Chief Minister Basavaraj Bommai announced that he will head an all‑party delegation to New Delhi to discuss a comprehensive farm loan waiver with Prime Minister Narendra Modi. The move comes as the state endures a prolonged drought that has left many farmers unable to repay agricultural loans.
The delegation, comprising representatives from major regional parties, aims to present a unified demand for central government relief, citing crop failures and mounting distress among the farming community. Officials said the meeting will focus on a blanket waiver of existing farm loans to prevent a further rise in farmer suicides and agrarian distress.
Karnataka has already reported a sharp decline in monsoon rainfall, leading to water scarcity in key agricultural districts. State authorities have been urging the centre for financial assistance, and this high‑level outreach underscores the urgency of the situation.
If successful, the waiver could set a precedent for other drought‑hit states seeking similar relief, reinforcing the central government's role in stabilising the agricultural sector during climate‑induced crises.
The delegation, comprising representatives from major regional parties, aims to present a unified demand for central government relief, citing crop failures and mounting distress among the farming community. Officials said the meeting will focus on a blanket waiver of existing farm loans to prevent a further rise in farmer suicides and agrarian distress.
Karnataka has already reported a sharp decline in monsoon rainfall, leading to water scarcity in key agricultural districts. State authorities have been urging the centre for financial assistance, and this high‑level outreach underscores the urgency of the situation.
If successful, the waiver could set a precedent for other drought‑hit states seeking similar relief, reinforcing the central government's role in stabilising the agricultural sector during climate‑induced crises.