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Saturday, April 20 2024
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Bengaluru

Crop loss in 110 drought-hit taluks is worth Rs 12,000 crore

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Bengaluru: The crop losses in 110 drought-hit taluks have been estimated by the state government to be Rs 12,145.79 crore.

It is gathered that based on a formula, the state will seek Rs 3,373.85 crore as relief from the Centre. The amount of crop loss determined is Rs 2,485 crore at Bidar, Yadgir and Kalaburagi districts due to excessive rain and floods. The Department of Agriculture and Revenue will submit a memorandum to the Union government in this regard to seek a compensation amount of Rs 386.44 crore.

Along with the compensation for crop loss, the Centre will also be requested to provide assistance for the establishment of cow shelters, fodder banks and providing drinking water.

Market intervention plan for onions

As the prices of onions have dropped dramatically, the government is contemplating a market intervention plan for the vegetable. A good yield has led to the drastic fall in the price of onions. Around 3.5 lakh acres where onions were cultivated is said to have suffered a loss. The state government will ask for a support price of Rs 11 per kg.

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