Agroinsurance

NEWS

India - Relief based on extent of crop loss

26.09.2022 1139 views

Referring to the incessant rain that the state endured recently, causing time serious damage to the agriculture sector, former chief minister BS Yediyurappa on Saturday said the government will suitably compensate for the crop loss.

Addressing a gathering at Sirigere village during a memorial held in honour of Jagadguru Sri Shivakumara Shivacharya Swami of Sri Taralabalu, Yediyurappa said, “Crop loss to the tune of Rs 26,000 crore have occured in the country, however, crop compensation to the tune of Rs 1 lakh crore has been disbursed by various insurance companies.”

He added that during his tenure as CM, funds to the tune of Rs 565 crore have been released for Bharamasagara lift irrigation project and Rs 725 crore was released for the Jagaluru lift irrigation project, which made the region water-sufficient.

Source - https://www.newindianexpress.com

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