The Economic Times

Karnataka announces Rs 2,500 input subsidy for drought-hit farmers: Dy CM Parameshwara

Karnataka Deputy Chief Minister G Parameshwara announced immediate relief for drought-hit farmers, offering Rs 2,500 each. This initial aid aims to support 45-50 lakh farmers and will cost the state Rs 1,250 crore. Further assistance will depend on the Union government's response and assessments of the drought situation. While total drought losses in Karnataka are expected to exceed Rs 40,000 crore, additional relief measures will follow.