Bengaluru: The central government on Thursday approved Rs795.54 crore as drought relief for Karnataka for the failed winter crop in 2016—a fourth of the amount sought by the state.
A high-level committee chaired by Union home minister Rajnath Singh and including finance minister Arun Jaitley and agriculture minister Radha Mohan Singh, among others, made the announcement.
The panel examined a proposal for drought relief based on the report of an inter-ministerial team which visited Karnataka, according to an official statement.
Approval of the drought relief package comes days after the Siddaramaiah-led Congress government of Karnataka announced a waiver of crop and short-term loans of up to Rs50,000 owed by farmers. The waiver, which will cost Rs8,165 crore, is estimated to benefit 2.2 million farmers in the state. Read More.
A high-level committee chaired by Union home minister Rajnath Singh and including finance minister Arun Jaitley and agriculture minister Radha Mohan Singh, among others, made the announcement.
The panel examined a proposal for drought relief based on the report of an inter-ministerial team which visited Karnataka, according to an official statement.
Approval of the drought relief package comes days after the Siddaramaiah-led Congress government of Karnataka announced a waiver of crop and short-term loans of up to Rs50,000 owed by farmers. The waiver, which will cost Rs8,165 crore, is estimated to benefit 2.2 million farmers in the state. Read More.