🏠 News Empire
economy

Koppal Drought: Minister Directs 25% Interim Crop Insurance Relief

Published on: 06 Aug 2026, 05:04 PM
Koppal Drought: Minister Directs 25% Interim Crop Insurance Relief

Koppal district in Karnataka is grappling with severe drought conditions following a deficient southwest monsoon. In response, district in-charge minister Shivaraj Tangadagi has directed officials to ensure that farmers who have suffered extensive crop losses receive 25% interim crop insurance compensation at the earliest.

Chairing a progress review meeting on drought conditions and crop damage on Thursday, Mr. Tangadagi said nearly 80% of crops had been damaged across almost all taluks, leaving farmers in severe financial distress. He had toured different parts of the district over the past two days to assess the situation and crop losses.

The minister instructed the Deputy Commissioner to coordinate with insurance companies and ensure that 25% of the insured amount was released as interim relief without delay. “The crops sown by farmers have withered due to lack of rainfall, and many will not even recover their cultivation costs. Officials should closely monitor the process and ensure that insurance companies provide timely interim compensation,” he said.

Mr. Tangadagi also asked the Agriculture Department to create awareness among farmers about alternative crops suitable for the changed weather conditions. He suggested that the deadline for crop insurance enrolment be extended to enable more farmers to benefit from the scheme. He directed tahsildars, executive officers, agriculture officials and gram panchayat development officers to remain at their headquarters and respond promptly to farmers’ grievances. Insurance companies, he added, should not reject genuine claims on technical or unnecessary grounds.

Turning to drinking water and fodder, the minister instructed officials to accord equal priority to ensuring uninterrupted drinking water supply in drought-hit areas. The state government has sanctioned ₹1 crore to each taluk for drinking water management. Officials have been asked to prepare action plans covering new borewells, pipeline works, repairs and hiring of private borewells after obtaining approval from local MLAs. With drought likely to intensify the water crisis in the coming months, he stressed the need for effective utilisation of funds.

Expressing concern over the impact of drought on livestock, Mr. Tangadagi directed officials to prevent fodder scarcity by establishing fodder banks and supplying fodder kits wherever necessary.

Deputy Commissioner Suresh B. Itnal informed the meeting that the district received only 98.5 mm of rainfall between June 1 and August 4, against the normal 155.7 mm. Gangavathi and Karatagi taluks recorded severe rainfall deficiency, while other taluks also experienced below-normal rainfall. The sowing target for the district was 3,49,892 hectares, but only 2,41,995 hectares were covered, accounting for 69% of the target. In the corresponding period last year, about 3.74 lakh hectares had been sown.

According to the district administration, 1,90,667 hectares of crops have been damaged due to deficient rainfall. Of this, 1,56,013 hectares were covered under the crop insurance scheme, and a proposal has been submitted to the insurance company seeking interim compensation for affected farmers.

The interim relief is expected to provide immediate financial support to farmers who have lost their crops. The district administration has assured that all necessary steps will be taken to ensure timely disbursement and address the needs of affected families.

The meeting was attended by Leader of the Opposition’s Chief Whip and Kushtagi MLA Doddanagouda Patil, MLC Hemalatha Naik, district in-charge secretary K.P. Mohanraj, Zilla Panchayat Chief Executive Officer Varnit Negi, Superintendent of Police Ram L. Arasiddi, and district and taluk-level officers.

Latest in Economy 10
Karnataka: Ghee, butter and paneer to cost more from November 5 as BAMUL raises prices
economy

Karnataka: Ghee, butter and paneer to cost more from November 5 as BAMUL raises prices

BAMUL has raised the prices of ghee, butter and paneer across Karnataka, effective November 5, with a one-litre ghee sachet now costing ₹850 instead of ₹715. The revision follows the Karnataka Milk Federation's recent increase in milk and curd prices of upwards of ₹8 per litre. Hoteliers say the cumulative rise in dairy prices places a heavy financial burden on the food industry.

The Hindu 05 Nov 2026, 04:58 AM
Read More →
Adani Airports tells foreign airlines: shift to Navi Mumbai from April, or lose Mumbai slots
economy

Adani Airports tells foreign airlines: shift to Navi Mumbai from April, or lose Mumbai slots

Adani Airport Holdings CEO Arun Bansal said international airlines unwilling to move part of their operations to Navi Mumbai International Airport from April could stop flying to Mumbai. Airlines have raised concerns over consultation, passenger impact and splitting operations as MIAL prepares Terminal 1 redevelopment, with slot allocation due on November 5.

The Hindu 04 Nov 2026, 05:24 AM
Read More →
ED attaches ₹510 crore in Anil Ambani group assets, including two chartered planes
economy

ED attaches ₹510 crore in Anil Ambani group assets, including two chartered planes

The Enforcement Directorate has attached assets worth ₹510 crore linked to the Reliance Anil Ambani Group, including two chartered planes, land in Maharashtra and windmills in Tamil Nadu. The agency says its cumulative attachments in cases involving RCom, RHFL and RCFL now stand at about ₹23,100 crore, and that it has arrested 10 people so far. The allegations have not been established in court.

The Hindu 03 Nov 2026, 03:41 PM
Read More →
Commercial LPG Cylinder Up ₹10, Third Straight Monthly Hike Ahead of Festive Season
economy

Commercial LPG Cylinder Up ₹10, Third Straight Monthly Hike Ahead of Festive Season

Commercial LPG cylinder prices rose by around ₹10 on November 1, 2026, the third consecutive monthly increase, taking the Delhi rate to ₹2,820. The revision follows a ₹65 hike in October and a smaller increase in September, partly offsetting the ₹380 cumulative cut in July and August. Domestic household cylinder prices are set separately and are not part of this change.

The Hindu 01 Nov 2026, 03:44 AM
Read More →
AI cost fears trigger sharp fall in US tech stocks
economy

AI cost fears trigger sharp fall in US tech stocks

US technology stocks fell sharply on Friday as investors worried about the rising cost of AI infrastructure. Intel shares dropped as much as 30% and Amazon and Alphabet also declined, while the Nasdaq opened at a two-month low. Analysts said questions are growing over when heavy AI spending will translate into profits.

BBC News 30 Oct 2026, 03:46 PM
Read More →
World Bank: India Lifted 496 Million People Out of Extreme Poverty in 12 Years
economy

World Bank: India Lifted 496 Million People Out of Extreme Poverty in 12 Years

The World Bank's October 2026 Poverty and Equity Brief estimates that India lifted about 496 million people out of extreme poverty between 2011 and 2023, with the share of the population in extreme poverty falling from 27.1 per cent to 2.6 per cent. It credits consumption growth, rising employment and expanded social transfers, while flagging a concentration of poverty in a belt from Uttar Pradesh to West Bengal and rising youth unemployment.

NDTV 30 Oct 2026, 05:09 AM
Read More →
Aavin Hikes Prices of 25 Milk Products Ahead of Deepavali, Cites Rising Input Costs
economy

Aavin Hikes Prices of 25 Milk Products Ahead of Deepavali, Cites Rising Input Costs

Aavin has increased prices of around 25 milk-based products, including ghee, curd, and buttermilk, ahead of Deepavali, citing rising raw material and procurement costs. The federation says 90% of the additional revenue will go to dairy farmers. A consumer activist criticised the timing, noting that consumers are already dealing with high prices of essential commodities.

The Hindu 27 Oct 2026, 03:49 PM
Read More →
→ View All Economy News