​​​
  1. Cyclone Vardah aftermath: ASSOCHAM estimates property loss of at least 6,700 crore post in Tamil Nadu

Cyclone Vardah aftermath: ASSOCHAM estimates property loss of at least 6,700 crore post in Tamil Nadu

Following a destructive effect by the cyclone Vardah, in Tamil Nadu, claiming the lives of at least 18 people, ASSOCHAM had today claimed that the cyclone had costed the state a property loss of at least 6,700 crore.

By: | New Delhi | Published: December 13, 2016 10:06 PM
At least eighteen people were killed in six districts of Tamil Nadu in rain-related incidents linked to Cyclone Vardah. (PTI) At least eighteen people were killed in six districts of Tamil Nadu in rain-related incidents linked to Cyclone Vardah. (PTI)

Following a destructive effect by the cyclone Vardah, in Tamil Nadu, claiming the lives of at least 18 people, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) had today claimed that the cyclone had costed the state a property loss of at least 6,700 crore.

According to a report by the India TV, the ASSOCHAM had estimated losses resulted due to uprooting of trees, overturning of cars, infrastructural damage and intensive losses in agricultural sector including destruction of banana plantation, papaya groves, rice paddies and other property losses totaling an amount of at least Rs 6,000 crore.

At least eighteen people were killed in six districts of Tamil Nadu in rain-related incidents linked to Cyclone Vardah. The government said it is taking all steps to ensure that the jammed mobile phone networks are restored and a meeting of telecom operators and officials was held.

“A total of 18 persons were killed in rain-related incidents linked to Cyclone Vardah,” a top Tamil Nadu government official monitoring the situation told PTI.

He said five each were killed in Chennai and Tiruvallur districts. Four persons died in Kancheepuram district, one each in Villupuram and Nagapattinam districts and two in Tiruvannamali district, the officials added.

However, the cyclone has weakened into a well marked low pressure, a day after it wreaked havoc in the city and neighboring districts, weather officials said today.

“As of 8.30 AM today, the cyclone which made landfall yesterday has weakened into a well marked low pressure and it is nearly 40 km away from Dharmapuri,” Director, Area Cyclone Warning Centre, IMD, S Balachandran told reporters.

An IMD bulletin said the depression over north interior Tamil Nadu moved westwards and weakened into a “well marked low pressure” area over area and adjoining south interior Karnataka at 8.30 AM.

(With inputs from PTI)

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top