Kerala flood losses higher than World Bank estimate: CM Pinarayi Vijayan

State’s actual losses in the August floods are much higher than the World Bank’s estimate of Rs 20,050 crore, Chief Minister Pinarayi Vijayan has said.

Published: 14th October 2018 08:26 AM  |   Last Updated: 14th October 2018 08:26 AM   |  A+A-

Aerial photo of Kerala floods. (Photo | PTI).

By Express News Service

THIRUVANANTHAPURAM:  State’s actual losses in the August floods are much higher than the World Bank’s estimate of Rs 20,050 crore, Chief Minister Pinarayi Vijayan has said. Damages to houses alone would be Rs 2,534 crore. A hefty amount is required for the reconstruction or maintenance of houses. 

Huge losses were incurred due to the death of hens, domestic animals like cows and goats, said the CM during the weekly TV interaction titled “Naam Munnott”.Pinarayi said the Central Government assistance is not sufficient to cover the losses, hence the state has demanded special package of Rs 500 crore. The state opted for seeking donations since the loans would not be sufficient to undertake reconstruction and rehabilitation works. The Centre has not changed its stance on foreign assistance, but has allowed the state to collect donations from NRKs.

Stay up to date on all the latest Kerala news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

facebook twitter whatsapp