Karnataka assembly passes debt relief invoice

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BENGALURU: The Karnataka Legislative Assembly on Wednesday passed the debt remedy bill, geared toward easing the monetary burden on landless laborers, people from weaker sections and small farmers who had been unnoticed of the ₹45000 crore farm mortgage waiver announced by using the H.D.Kumaraswamy led coalition government last yr. The Karnataka Debt Relief Bill, 2018 comes almost six months after the country took the ordinance direction to get the proposal accepted via the president. “We had taken the ordinance direction because the residence changed into not in consultation then. We have ratified this bill this time around,” Bandeppa Khasempur, minister for Co-operation stated. The bill is a part of the Janata Dal (Secular) birthday celebration’s pre-election promise to relieve the piling up debt burden of the state’s farmer, who has been not able to recover from consecutive drought and lawmakers cannot offer a longtime sustainable answer for the deepening agrarian distress. The Congress, which is one 1/2 of the coalition in Karnataka, has been seeking to champion the cause of farmer agitations in recent months, that has emerged as one among the largest ballot platforms for the Lok Sabha elections, scheduled to be held later this yr. The celebration had stormed to strength in Rajasthan, Chhattisgarh and Madhya Pradesh with the promise of a farm mortgage waiver, decreasing the number of states presently below BJP rule.

 

The Congress-JD(S) are hoping to coins in on its farm mortgage waiver and debt comfort invoice to currencies in on votes of the agricultural network in the coming parliamentary polls. The debt remedy bill underlines that ‘no civil court docket shall entertain any fit or other complaints towards the debtor or his surety for the recovery of any quantity of such debt.’ “Every debtor or his surety undergoing detention in civil jail in execution of any decree passed against then through a Civil Court in one of this debt shall be released,” provides another clause of the bill. The invoice also says that no legal practitioner shall be allowed to seem in any proceeding beneath this Act earlier than the debt remedy officer.

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