Reduce stamp duty on MSME hypothecation and mortgage for bank loans
UnverifiedTo Reduce stamp duty to MSME for hypothecation and equitable mortgage for bank loans.
Indian National Congress · Karnataka Legislative Assembly Election 2023
Last updated 18 Jun 2026
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Help us verify“To develop the industrial infrastructure in the border areas of the state - Talapady (Kerala), Nippani (Maharashtra), Bidar (Maharashtra/Telangana), Sarjapura (Tamil Nadu) and Srinivasapura (Andhra Pradesh) - and establish a Border Industrial Development Board with the investment of Rs 5000 Crs in five years.”
Promise to develop industrial infrastructure in the state's border areas (Talapady, Nippani, Bidar, Sarjapura and Srinivasapura) and establish a Border Industrial Development Board with Rs 5,000 crore investment over five years. (This bullet begins on manifesto page 15 and completes on page 16.) Not confirmed as established in approved sources. Status pending.
To Reduce stamp duty to MSME for hypothecation and equitable mortgage for bank loans.
To set up a Welfare Fund worth Rs 1,000 Crore to provide low-interest loans for small traders and shopkeepers to help revive key sectors of the local economy.
To offer Start up subsidy upto Rs 25 lakhs and soft loan upto Rs One crore at 6% interest.

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