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your maiden budget presented by Karnataka Chief Minister HT Kumaraswamy their schemes were announced including the demanded one that was most spoken about farm loan waivers here are the highlights of the budget as a part of the 2018 budget kumara Swamy waved off rupees 34 thousand crore worth of farm loads the loans of farmers with institutional credit up to rupees two lakh borrowed up until December 31st 2017 was waved off in order to incentivize farmers who had repaid the loans the government will now credit either the entire loan amount or repeats twenty five thousand whichever is lesser a large chunk of the schemes that were announced in the 2018 budget our agricultural centric ones with a focus on the districts that are considered the stronghold of the JDS and the Congress the budget also saw a hike in petrol fares by rupees 1.1 for diesel by rupees one point one two and the taxation on energy which went up by three percent the taxation on Indian made liquor also went up by four