PoliticsPhoto: Deccan HeraldKarnataka's Drought Losses May Exceed Rs 60,000 Crore: Deputy CM
Karnataka Deputy Chief Minister G Parameshwara stated that the state's economic loss due to drought and rainfall deficit could surpass Rs 60,000 crore. Currently, 94% of Karnataka is drought-affected. Earlier estimates were Rs 46,324 crore, but final losses may range between Rs 60,000 and Rs 70,000 crore. Compensation claims under the National Disaster Response Fund will be calculated separately, with expected claims around Rs 18,000 to Rs 20,000 crore.
Deccan Herald··Bengaluru




