CM urges Modi for clearance of two irrigation projects
Siddaramaiah urged Prime Minister urged immediate rectification of State's short-term farm loan limits, as well as seeking financial support of Rs 10,000 crore for critical infrastructure projects
PTI
NEW DELHI, 29 NOV
Chief Minister Siddaramaiah met
with Prime Minister Narendra Modi on Friday, urging immediate rectification of
the state's short-term farm loan limits, as well as seeking financial support
of Rs 10,000 crore for critical infrastructure projects.
In a meeting held at the Parliament
complex, Siddaramaiah addressed several pressing issues in the areas of
agriculture, water resources, and urban infrastructure, accompanied by Deputy
Chief Minister DK Shiva Kumar, Energy Minister KJ George, and Urban Development
Minister Byrathi Suresh.
Siddaramaiah expressed concern over
the National Bank for Agriculture and Rural Development's (NABARD) recent
decision to reduce Karnataka's Short-Term Agricultural Credit Limit from Rs
5,600 crore to Rs 2,340 crore for the 2024-25 fiscal year. He warned that this
58 per cent decrease would significantly hinder farmers' access to essential
loans, forcing many to rely on private lenders.
The Chief Minister also requested
Rs 5,300 crore for the long-pending Upper Bhadra Project, aimed at irrigating
drought-prone farmlands in central Karnataka. Furthermore, he called for urgent
clearances for the Mekedatu Balancing Reservoir and Kalasa Bandhuri projects,
which are awaiting approval from the Jal Shakti and Environment ministries.
With Bengaluru's status as a tech
hub and significant GDP contributor, Siddaramaiah sought special assistance for
urban transportation initiatives and requested funds for infrastructure
development in 13 emerging city corporations. He also highlighted concerns
about the state's diminished tax share from the 15th Finance Commission, advocating
for compensation grants to ensure equitable treatment in future financial
allocations. -PTI
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