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To rejuvenate Mysugar Factory and to plan and establish new sugar factories in Mandya.
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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
lowlow
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.
Sources & Evidence
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