Partially Donelow confidenceAgriculture

Raise interest-free crop loans to Rs 10 lakh (and 3% loans to Rs 15 lakh)

Indian National Congress · Karnataka Legislative Assembly Election 2023

Last updated 18 Jun 2026

To increase interest free soft loans to the farmers from Rs 3 lakhs to 10 lakhs and with minimum interest of 3% upto Rs 15 lakhs and to reimburse the differential interest by Government.

From the Indian National Congress manifestoView Manifestop.13

Our Assessment

low
low

Partial. The promise was to raise interest-free soft loans to farmers from Rs 3 lakh to Rs 10 lakh, with 3 percent interest up to Rs 15 lakh and reimbursement of the differential. The interest-free short-term crop loan ceiling was raised to Rs 5 lakh (effective April 2023) - half the promised Rs 10 lakh - and a 3 percent tier up to Rs 15 lakh has been reported in budget announcements. The headline Rs 10 lakh zero-interest target has not been reached.

ShareWhatsAppPost on X
ManifestoWatch mascot — contribute character

Have evidence on this promise?

Help us track this promise by submitting news articles, government orders, or any other evidence you've found.

Submit Evidence