Karnataka Announced ₹1,475 Cr in Crop Insurance to 7 Lakh Farmers

Agriculture Minister N. Cheluvarayaswamy announced a financial lifeline for farmers hit by last year's scorching drought. Nearly 7 lakh farmers across the state have already received a much-needed ₹475 crore as crop insurance payouts, easing their financial burdens. Also, an additional ₹1,000 crore will be distributed soon, ensuring no farmer is left dry of support.

This timely assistance comes even as the Minister highlighted a sobering reality where only 2% of the state's 20 lakh farmers had the foresight to avail crop insurance. Recognizing this gap, Cheluvarayaswamy emphasized the crucial role of agriculture universities and departments in educating and encouraging farmers to adopt this safety net.

He envisions a future where farmers are not just cultivators, but empowered entrepreneurs, free from the grip of middlemen and exploring value addition through processing and marketing. The recent International Millet Fair in Bengaluru, where farmers actively participated and collaborations were forged for millet-based products, serves as a prime example of this potential.

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Cheluvarayaswamy highlighted the rapid technological innovations in the agriculture sector and urged farmers to adopt them for economic progress. He also called for more developments in the farm sector, reminiscent of the impact of the Green Revolution on the country's profile.

Agriculture Commissioner Y.S. Patil expressed the Minister's vision of transforming farmers into entrepreneurs, reducing middlemen interventions. He pledged support from everyone in the sector to achieve this goal. The Krishi Mela featured lectures by experts from agriculture and agriculture universities on various topics. Senior officials, including Deputy Commissioner Kumara, Agriculture University Vice-Chancellor Suresh, and others, attended the event.

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The seer emphasized that similar to the swift technological advancements in the IT and BT sectors, the agriculture sector is also experiencing rapid innovations. He urged farmers to embrace these farm innovations as a means to achieve economic progress. Additionally, he noted that, much like how the green revolution transformed the country's profile, further advancements are essential in the agricultural sector.

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