๐พ Karnataka gives farmers โน2500 aid amid drought ๐พ
The Karnataka government announced a one-time aid of โน2,500 to farmers across the state due to drought-related crop losses. Deputy Chief Minister G. Parameshwara made this announcement in the Legislative Assembly in Bengaluru on Thursday. Approximately 45 lakh to 50 lakh farmers are expected to benefit from this package, which costs the exchequer around โน1,250 crore. Furthermore, a 12-month moratorium on loan repayment and loan tenure extensions were also declared. The government plans to appeal to the PM to declare drought a national disaster given the situation in multiple states.