BREAKING NEWS: Yeddyurappa Holds First Cabinet Meet As Karnataka CM


Bengaluru: BS Yeddyurappa has instructed the Revenue Secretary to explore possibilities of rolling out the Rs 1 lakh farm loan waiver shortly after taking over as the Chief Minister of Karnataka on Thursday. Yeddyurappa instructed the revenue secretary in a Cabinet Meeting chaired by him after he was sworn in as Karnataka CM by Governor Vajubhai Vala. He has asked the revenue secretary to get back to him within 24 hours so that the farm loan waiver can be announced as soon as possible. Farm loan waiver was one of the first promises made by the Bharatiya Janata Party in its manifesto for the Karnataka Assembly Elections 2018.

The BJP, in its manifesto had said that Rs 1.5 lakh crore will be spent on irrigation projects and farm loans of up to Rs 1 lakh borrowed from nationalised and cooperative banks will be waived if it is voted to power. Catch all the updates from the politics of Karnataka here.

In his first press conference after taking charge as Karnataka CM, BS Yeddyurappa hit out at the Congress and the Janata Dal-Secular (JDS), saying they have insulted the verdict of the people. “Karnataka’s mandate is for the BJP. The Congress-JDS coalition is illegal,” Yeddyurappa said while addressing the media.

Yeddyurappa took oath as the 23rd Chief Minister of Karnataka on Thursday, two days after high drama, which continues to unfold, in the state. Reports say that alleged Congress workers try to stop his car this morning when he was on his way to the Raj Bhavan to take oath. Soon after taking oath, Yeddyurappa headed to the Karnataka Assembly (Vidhana Soudha) to hold his first Cabinet meet.

While Yeddyurappa chaired the meet inside the Assembly, Congress and JDS MLAs protested outside, under the Mahatma Gandhi statue. JDS chief HD Devegowda, senior Congress leaders Ghulam Nabi Azad, Mallikarjun Kharge were among those present at the protest.

The results of the Karnataka Elections were declared on May 15. The BJP emerged as the single largest party, winning 104 out of the 222 seats that went to polls. The Congress won 78, the JDS won 38 while Independents won 1. What followed was two days of high drama as the Congress and the JDS came together to form a coalition government, but were denied from doing so by Governor Vajubhai Vala, who invited the BJP to prove majority on the floor of the House within 15 days.