Karnataka State Sugarcane Farmers Association has bemoaned that there was no announcement of loan waiver in the State Budget presented by Chief Minister Siddaramaiah on Friday.
Mr. Kurubur Shanthakumar, president of the association said it was one of the major demands of the farmers and they are dismayed by the government’s silence on loan waiver.
However, he welcomed other measures announced in the budget such as opening of a new sugar factory on the premises of the Mandya Sugar Mills, constitution of Agriculture Development Authority besides taking up the issue with the Centre on enacting a law to make Minimum Support Price compulsory and legally enforceable.