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The decision comes as prices of key construction material such as steel, cement, and fuel continue to escalate due to geopolitical tensions.

Developers report increased interest from Gulf-based Malayalis, especially in Kochi and Thiruvananthapuram, with buyers seeking “fallback” housing amid regional uncertainty

Srinivas, Prakash and Sannagouda Patil are among the farmers who abandoned the crop, saying the low prices will not allow them to recover even their investment.

Misri's visit comes as India and the United States seek to stabilise ties after a period of strain, including trade frictions and differences over regional security issues.

This relief measures will offer airlines a cumulative relief of Rs 400 crore, said an official release.

The Indian carriers to Europe and Northern America need to take a longer route and this impacted their travel time and operational costs, he said.