6 months ago
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The Karnataka authorities connected Thursday launched a peculiar bundle of ₹1,033.60 crore arsenic further subsidy to compensate farmers for harvest nonaccomplishment owed to dense rainfall and flooding this monsoon. Chief Minister Siddaramaiah formally launched the strategy that is expected to payment 14.24 lakh farmers.
As per the SDRF norms, input subsidy of ₹1,218.03 crore had already been provided to farmers that would instrumentality the full to ₹2,251.63 crore. Crops connected astir 14.58 lakh hectares had been damaged and the full harvest nonaccomplishment had been estimated to beryllium astir ₹10,748 crore. Following memorandum from the State government, the Centre had acceptable up inter-departmental team, which is expected to sojourn the State shortly.
A enactment from the Chief Minister’s Office said that the further subsidy had been launched to mitigate the woes of the farmers by expanding the compensation from ₹8,500 per hectare to ₹17,000 per hectare successful rain-fed country and successful irrigated onshore from ₹17,000 per hectare to ₹25,000 per hectare. For country nether yearly aggregate crop, compensation has been accrued from ₹22,500 per hectare to ₹31,000 per hectare. The compensation is capped for 2 hectares.
