Current Affairs Exam

CM ensured guarantee schemes are under Fiscal Responsibility Act: KRRS

Though thebudgetpresented by CMSiddaramaiahhas focused on fulfilling the guarantee schemes, it has ensured that it is under the Fiscal Responsibility Act, saidKarnatakaRajya Raitha Sangha (KRRS) president Badagalapura Nagendra.

Welcoming the decision to increase the zero-interest loan to Rs 5 lakh for the farmers, he said that the scale of finance must also be increased for the farmers to reap the benefits of the scheme.
Stating that the farmers were ready to provide rice for the AnnaBhagyascheme, Nagendra added that the government must pay the farmers as per MSP, which would be Rs 5 more than the Rs 34 fixed by the .

KRRS has no objection to authorities taking up the modernisation of Visvesvaraya Canal (VC canal) but asked theCauveryNeeravari Nigam to use latest technologies to modernise the canal without disturbing the flow of water. Farmers should not be made to suffer, Nagendra said.

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