The economic implications of the Kerala floods6 min read . Updated: 21 Aug 2018, 01:20 PM IST
An analysis of the economic implications of the Kerala floods shows some short-term negatives. But all is not lost
Thiruvananthapuram: Over the past week, the entire state of Kerala is in the grip of a massive, unprecedented flood: the last time anything like this has happened was in 1924. The Kerala government has been trying to cope with the crisis. It has so far put up a very reasonable and credible relief effort. Help from the centre, although welcome, has been a meagre ₹ 600 crore. Now, the major question confronting the state and its hapless citizens is an assessment of the material damage to both public and private properties. There are at least seven implications of these catastrophic floods that have a strong and lingering bearing on Kerala’s economy.
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