{"id":21885,"date":"2022-02-07T20:39:38","date_gmt":"2022-02-07T15:09:38","guid":{"rendered":"https:\/\/tradebrains.in\/features\/ka-bommai-meeting\/"},"modified":"2022-02-08T10:51:10","modified_gmt":"2022-02-08T05:21:10","slug":"ka-bommai-meeting","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ka-bommai-meeting\/","title":{"rendered":"K\u2019taka CM meets central ministers; demands interest-free loan, waiver of conditions to discoms"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4202742845\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Feb 7 (PTI) Karnataka Chief Minister Basavaraj Bommai on Monday demanded interest-free loan, more funds for building COVID-19 health infrastructure and waiver of conditions for discoms to avail bank loans in the southern state.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2068290875\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> Bommai, who is in Delhi on a two-day visit, put forward the demands at a meeting with four central ministers. He called on Finance Minister Nirmala Sitharaman, Health Minister Mansukh Mandaviya, Railway Minister Ashwini Vaishnaw and Power Minister R K Singh.<\/p>\n<p> In his meeting with the finance minister, the Karnataka chief minister discussed some of the key proposals announced in the Union budget 2022-23.<\/p>\n<p> Sitharaman had proposed a 50-year, interest-free loan of Rs 1 lakh crore to states to enable them to spend on capital investments, especially on infrastructure, under the PM Gati Shakti Master Plan during 2022-23. She had also proposed  allowing states a fiscal deficit of 4 per cent of Gross State Domestic Produce (GSDP) in 2022-23, of which 0.5 per cent will be tied to power sector reforms.<\/p><div class=\"trade-content_5\" id=\"trade-31140735\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> &#8220;&#8230; I have requested for interest-free loan of Rs 1 lakh crore to states under the capital grant. About Rs 3,800 crore to Rs 4,000 crore will come to the state,&#8221; Bommai told reporters after the meeting.<\/p>\n<p> He said he also discussed the power sector issues with Sitharaman, and requested her to &#8220;waive off a fiscal deficit of 0.5 per cent out of 4 per cent of GSDP that is tied to power sector reforms&#8221;, for which the conditions have already been communicated to the states in 2021-22.<\/p>\n<p> Raising the issue with Power Minister R K Singh in a separate meeting, the CM informed him that the conditions imposed on discoms are too many for the first year and they need to be relaxed so that the companies can get bank loans.<\/p>\n<p> &#8220;I requested him to waive off some conditions which will allow the discoms to avail bank loans,&#8221; he added.<\/p>\n<p> In a meeting with Mandaviya, Bommai discussed about the COVID-19 situation and requested for higher allocation from the special funds set aside for development of health infrastructure for tackling the pandemic. He said the health minister agreed to this demand.<\/p>\n<p> The chief minister also said that the railway minister agreed to his request to allot more rakes for movement of coal in the state.<\/p><div class=\"trade-content-10\" id=\"trade-266820570\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> He added that he plans to meet the party top brass, including BJP national president J P Nadda, on Tuesday to discuss political developments.<\/p>\n<p> PTI LUX  SRY<\/p>\n<div class=\"trade-after-content\" id=\"trade-3873672457\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Feb 7 (PTI) Karnataka Chief Minister Basavaraj Bommai on Monday demanded interest-free loan, more funds for building COVID-19 health infrastructure and waiver of conditions for discoms to avail bank loans in the southern state. Bommai, who is in Delhi on a two-day visit, put forward the demands at a meeting with four central [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-21885","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>K\u2019taka CM meets central ministers; demands interest-free loan, waiver of conditions to discoms - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/ka-bommai-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"K\u2019taka CM meets central ministers; demands interest-free loan, waiver of conditions to discoms\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Feb 7 (PTI) Karnataka Chief Minister Basavaraj Bommai on Monday demanded interest-free loan, more funds for building COVID-19 health infrastructure and waiver of conditions for discoms to avail bank loans in the southern state. 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