Jammu and Kashmir government today said it has submitted a Rs 2,806 crore relief proposal to the Centre for flood-hit orchardists and farmers.
Replying to a question by Syed Farooq Ahmed Indrabi in the Assembly, Minister for Horticulture Abdul Rehman Veeri said the government has submitted a proposal to the Centre for sanctioning Rs 2,806 crore as ex-gratia relief in favour of farmers and orchardists.
He said the loss assessment of last year's floods had been completed and about 6.48 lakh hectare of crop and fruit area was affected by rains and floods, causing loss to the tune of Rs 5,611.65 crore.
The minister said that state finance minister in the Budget had proposed to waive off 50 per cent of the Kissan Credit Cards (KCC) loans for the smallest and most vulnerable farmers who have an outstanding balance of less than Rs 1 lakh.
