Karnataka's drought losses could soar to Rs 60,000 crore, warns Deputy CM Parameshwara
- Deputy Chief Minister G Parameshwara said drought-related losses in Karnataka may reach Rs 60,000 crore this year.
- The state completed assessments for numerous taluks, which revealed substantial financial impacts from ongoing drought.
- Central teams are scheduled to evaluate the drought situation across various regions in Karnataka to gather additional data.
- The Karnataka government plans to submit a final memorandum once all evaluations are completed and results are compiled.
Source: economictimes.indiatimes.com
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