Karnataka government has so far deposited Rs 114.77 crore into the bank accounts of 2.80 lakh farmers under Suvarna Bhoomi project to help them to purchase agricultural inputs for farming operations, Agriculture Minister Umesh Katti said on Thursday.
The government has so far released Rs 114.77 crore out of Rs 150 core towards earmarked for the project in the first phase, he told reporters in Banglore.
The Government in its 2011-12 budget had promised Rs 10,000 assistance to small and marginal farmers and Rs 5,000 has been disbursed to farmers in the first phase, Katti said.
The remaining Rs 5,000 would be given by next month end, he said.
Following deficient rainfall in parts of the state, about 49.65 lakh hectares has come under sowing during this khariff as against the target of 74.65 lakh hectares.
There was no shortage of fertilizers and sowing seeds in the state, he said.