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Parameshwara: Losses due to drought are estimated to be ₹60,000 crore to ₹70,000 crore

The Hindu
By The Hindu Staff
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Parameshwara: Losses due to drought are estimated to be ₹60,000 crore to ₹70,000 crore
Photo credit: The Hindu
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G. Parameshwara
Photo credit: The Hindu

G. Parameshwara | Photo Credit: File Photo

The losses due to the drought in Karnataka are estimated to be in the range of ₹60,000 crore to ₹70,000 crore, according to Deputy Chief Minister G. Parameshwara.

Mr. Parameshwara, who also holds the Revenue portfolio, told presspersons after the Cabinet meeting that the process of loss estimation was yet to be completed. However, the preliminary estimates had indicated such massive devastation.

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He pointed out that the State had already submitted two memoranda to the Centre seeking a total drought assistance of about ₹46,000 crore.

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Originally published by The Hindu on Oct 15, 2026 Read the full article at thehindu.com
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