K’taka incurred estimated loss of `25,000 crore due to drought

K’taka incurred estimated loss of `25,000 crore due to drought

PTIUpdated: Thursday, May 30, 2019, 10:34 AM IST
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Bengaluru : Karnataka has incurred an estimated loss of Rs 25,000 crore this year due to severe drought, Chief Minister Siddaramaiah said here on Sunday.

“According to rules, we can seek relief of Rs 4,702 crore,” Siddaramaiah was quoted as saying in Mysuru by an official release, reports PTI.

“Also due to floods in certain parts, the loss is to the tune of Rs 386 crore. We have sought relief from the central government. Other than that, the state government has also released money for drought relief,” he said.

Karnataka is reeling under successive years of drought, and the state government has already declared 139 talukas in 29 districts as drought-hit.

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