Don’t miss the latest developments in business and finance.

Flood related loss in Karnataka Rs 10,000 crore, says CM

Image
Press Trust of India Belagavi
Last Updated : Aug 11 2019 | 8:50 PM IST

Karnataka Chief Minister B S Yediyurappa on Sunday said the preliminary estimate of flood related loss in the state was Rs 10,000 crore even as he urged the Centre to release Rs 3,000 crore as immediate aid.

He was speaking to reporters after conducting an aerial survey of flood hit Belagavi and parts of Maharashtra bordering Karnataka along with Union Home Minister Amit Shah.

"Our preliminary estimate of losses is Rs 10,000 crore, but I personally believe that the losses will stand between Rs 30,000 crore to Rs 40,000 crore.

We have urged the Central government to release Rs 3,000 crore immediately as assistance, Yediyurappa said.

A detailed report alone would give a clear picture, he said, adding that safeguarding people, livestock and providing houses to those affected was the government's top priority.

To a question on whether the floods in Karnataka should be declared a national calamity, he said it was upto the Centre to take a decision on the matter

Also Read

First Published: Aug 11 2019 | 8:50 PM IST

Next Story