Karnataka announces ₹2,500 drought aid for about 50 lakh farmers
Karnataka has announced a one-time payment of ₹2,500 for about 50 lakh farmers affected by drought, The Hindu reports. The state has also announced a 12-month moratorium on loan repayments. The supplied material does not specify the scheme’s total cost, eligibility rules, payment date or the loans covered.
The Karnataka government has announced one-time drought relief of ₹2,500 for about 50 lakh farmers, The Hindu reports. The state has also announced a 12-month moratorium on loan repayments, according to the report’s supplied description. The available material does not state the total financial value of the relief package or explain how farmers will qualify for the payment.
It also does not identify the agency responsible for distributing the money or give a timetable for payments. No details are provided on which categories of agricultural loans will be covered by the moratorium, whether interest will continue to accrue during the period or how the measure will be implemented.
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