Business Today

Deluge of Woes

While the number of people who die is an incalculable loss, the floods have caused economic devastation of nearly $18 billion.
     Print Edition: Oct 12, 2014
People stand on a damaged bridge, which was swept away by floods on the river Tawi, in the outskirts of Jammu on September 7, 2014. Photo: Reuters
People stand on a damaged bridge, which was swept away by floods on the river Tawi, in the outskirts of Jammu on September 7, 2014. Photo: Reuters

India is one of the most flood-prone countries in the world, with Jammu and Kashmir the latest state to suffer massive destruction. While the number of people who die is an incalculable loss, the floods have caused economic devastation of nearly $18 billion since 2005.


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