Agriculture

Karnataka govt releases Rs 671 cr compensation to farmers

Bengaluru: Karnataka Chief Minister Siddaramaiah today said that the government had decided to release Rs 671 crore compensation towards crop loss to nearly 10 lakh farmers who were

deeply affected by drought that is prevailing in the State for thesecond successive year. 

In a Twitter message the farmers will get compensation in form of input subsidy and it will be transferred directly to their bank accounts.

UNI 

Paradigm Shift Needed

For many years, the Indian economy has been called a ‘gamble with the monsoon’. This means that if the monsoon fails then with it the Indian economy tanks as well.  For the past two years, precipitation has been precariously low in many parts of the country; reservoirs have dried up, and images of parched and cracked lands have been flooding TV screens. Just before this year's monsoons lived up to the Indian Metrological Department (IMD) prediction of more than normal rain, there was a long list of people who had committed suicide in different parts of the country.