Pendinglow confidenceDefence

Field Marshal Kariappa Ex-servicemen Development Board (Rs 500 crore)

Indian National Congress · Karnataka Legislative Assembly Election 2023

Last updated 20 Jun 2026

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Original manifesto wording

“To establish "Field Marshal General Kariappa Ex-servicemen Development Board with Rs.500 Crores revolving fund to provide financial assistance to ex-servicemen to upto Rs.10 lakhs @ 5% interest to start self-employment/entrepreneurship.”

From the Indian National Congress manifestoView Manifestop.22

Our Assessment

Promise to establish a Field Marshal Kariappa Ex-servicemen Development Board with a Rs 500 crore revolving fund offering ex-servicemen up to Rs 10 lakh at 5 percent interest for self-employment. Not confirmed as established in approved sources. Status pending.