Karnataka budget 2018: Kumaraswamy waives farm loans, but shocks with petrol, diesel, liquor, power levies hike
Kumaraswamy, while presenting the budget for fiscal 2018-19, said, "I propose to waive farm loans totalling Rs 34,000 crore, with Rs 2 lakh per farmer family," .In some straight talk, Kumaraswamy, said he was increasing levies to generate more revenue so as to reduce the burden of Rs 34,000 crore resulting from farm loan waiver.

Karnataka Chief Minister HD Kumaraswamy presents the state budget for 2018-19 at Vidhana Soudha in Bengaluru. Image source: IANS.