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Karnataka credits subsidy to farmers’ bank accounts

Karnataka credits subsidy to farmers' bank accounts
Bengaluru, March 14 (IANS) The Karnataka government on Tuesday credited input subsidy of Rs 671 crore to the bank accounts of 9.68 lakh farmers whose kharif crop was devastated due to the severe drought in this fiscal.

"In addition to Rs 450 crore from the central government, the state government released Rs 221 crore as compensation to farmers for the loss of the kharif crop in 2016-17 due to drought," said Chief Minister Siddaramaiah on the occasion.

The subsidy amount was transferred directly into the farmers' accounts from the state treasury account under the 'Parihara' programme, using in-house software.

 

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Karnataka credits subsidy to farmers' bank accounts

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.