Karnataka government’s initial estimate of drought-related losses pegged at ₹18,000 crore
The Karnataka government has estimated drought-related crop losses at ₹18,000 crore across 101 taluks. Officials are preparing to submit a memorandum to the central government for financial assistance while implementing new support schemes for small-scale farmers.
Why it matters
This highlights the ongoing economic impact of climate-induced agricultural crises in India and the complex fiscal relationship between state and central governments regarding disaster relief.
The initial estimate of drought-related losses, mostly from crop loss, in the 101 drought-hit taluks of Karnataka has been pegged at ₹18,000 crore, even as the State is preparing to submit the first memorandum to the Centre seeking financial help in the next two to three days.
“As and when more taluks are declared drought-hit, the State will submit more memorandums. Chief Minister D.K. Shivakumar and I will go to Delhi when the final memorandum is submitted,” Deputy Chief Minister G. Parameshwara told presspersons here in the post-Cabinet briefing.
“Though our estimate is about ₹18,000 crore, the memorandum will be drawn based on the NDRF guidelines. Last year, Karnataka estimated total loss of about ₹39,000 crore, but sought ₹18,000 crore from the Centre,” he added.
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