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Severe Drought May Impact Karnataka's GST Collection: Deputy CM Parameshwara
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News18•05-10-2026, 15:30
Severe Drought May Impact Karnataka's GST Collection: Deputy CM Parameshwara
- •Karnataka Deputy Chief Minister G Parameshwara stated that severe drought and crop losses are likely to negatively impact the state's GST collection.
- •The economic loss due to prevailing weather conditions is estimated at around Rs 46,000 crore, with the state seeking Rs 10,000 to 11,000 crore in drought relief from the Centre.
- •Central teams are visiting the state to assess the ground situation in the 177 drought-hit taluks and are expected to submit their report to the Union government.
- •The state government is reviewing cash incentives for sportspersons following the Asian Games, with revised awards to be announced soon.
- •A complaint has been submitted to the Election Commission with evidence regarding the alleged misuse of Form 7 applications to delete names from electoral rolls.
Key Questions Answered
Karnataka has sought around Rs 10,000 to 11,000 crore in drought relief from the Centre.
The economic loss resulting from prevailing weather conditions and crop losses across 177 drought-hit taluks is estimated at around Rs 46,000 crore.
The state government marginally revised some fees due to the rising cost of living and the necessity to strengthen its own revenue sources amidst shortfalls in central funds.
