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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
Home/News/Upset over loan waiver limit, farmer end…
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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 Author
Published July 6, 2018 · 1 min read
upset over loan waiver limit,

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.

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