New Delhi: Karnataka Chief Minister HD Kumaraswamyand JD(S) leadersaid that he was ready with the guidelines on farm loan waiver, details of which will be disclosed on Wednesday. The Karnataka leader said that he was committed to waive farm loans or else he will retire from politics.Kumaraswamywas sworn-in as Karnataka chief minister last week after the Congress extended unconditional support to his party.

Kumaraswamy was talking to reporters in the national capital today after meeting Prime Minister NarendraModi. "I have clearly said that I will waive farm loans. I had promised during election that I will do it in 24 hours. That is true. At least you should give time to breathe. Today, I have limitations." "If I don't do it, have clearly said that I will retire from politics and I will resign as chief minister. Why cannot you wait for some time?," Kumaraswamy told reporters.

"The guidelines to waive farm loans have been kept ready. They will be shared before the public on Wednesday in Bengaluru," he told reporters. Kumaraswamy also discussed the issue of shortage of coal for the state's thermal power plants. He said he had sought cooperation of the Centre for the development of the state.

"I discussed current problems especially shortage of coal for three thermal plants at Raichur, Yaramaras and Bellari in the state. I requested him to ensure sufficient coal supply to these thermal power plants. The current availability of coal in the state is sufficient to operate the plants for 15 days," he told reporters after the meeting.