Karnataka CM meets Modi; seeks early release of Rs 2,064 cr

Image
Press Trust of India New Delhi
Last Updated : Mar 09 2019 | 2:10 PM IST

Karnataka Chief Minister H D Kumaraswamy Saturday met Prime Minister Narendra Modi and sought early release of Rs 2,064.30 crore funds to provide relief to drought-hit farmers in the ongoing rabi season, an official statement said.

Kumaraswamy informed Modi that the state faced drought situation during this year's kharif season as well but the financial assistance sanctioned by the central government was inadequate.

In addition to floods, Karnataka reeled under severe drought both during kharif (summer) and rabi (winter) seasons of the 2018-19 crop year (July-June).

"Consecutive droughts, flood has brought farmers under distress and it is the time to rush to their aid," Kumaraswamy told the Prime Minister.

He requested Modi to expedite the process to release Rs 2,064.30 crore for drought relief and mitigation, the statement said.

The state government has submitted a memorandum seeking Rs 2,064.30 crore drought relief fund for the ongoing rabi season as crop loss is estimated to be Rs 11,384.7 crore. The state has declared drought in 156 out of 176 talukas.

In the meeting, Kumaraswamy apprised the Prime Minister about the pro-active steps taken to mitigate the drought impact on farmers.

The state has released Rs 386 crore from the State Disaster Response Fund (SDRF) and given priority to ensure drinking water and fodder, besides creating 1.19 crore man-days jobs under the MGNREGA scheme, he added.

The state government has advanced Rs 1,351 crore towards payment of pending wage and material bills in anticipation of release of central funds, Kumaraswamy said and requested for early release of funds to make further wage payments.

The chief minister further said the central relief funds released to the state for drought faced during kharif season this year was not sufficient.

The Centre sanctioned Rs 949.49 crore against the state government's demand of Rs 2,434 crore as drought relief for the kharif season, which is less than 50 per cent of the input subsidy claim by the state, he noted.

The crop loss during the khariff and rabi seasons together is estimated to be Rs 32,335 crore, he added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 09 2019 | 2:10 PM IST

Next Story