Versuchen GOLD - Frei
Rain ravage: Tracking infra loss
Business Standard
|September 12, 2025
India didn't have any way to know the extent of these losses till March this year, when the DM Act of 2005 was amended to set up a 'disaster database'
When water gushes out of river channels, what is the greatest damage it can cause to infrastructure? Despite pictures of torn houses and cars, if roads, telecom towers, and power stations remain safe, the scale of loss is not more than 30 per cent of the overall infrastructure assets in the area.
In this mega monsoon season billowing over India, these are some slivers of reassuring thought, since India does not have any sequestered sum available to finance such losses. A report written by New Delhi-based Coalition for Disaster Resilient Infrastructure (CDRI), a global network of countries working to make infrastructure safe, notes: "Roads and railways, telecommunications, and power and energy account for around 80 per cent of the total annual average loss of infrastructure sectors, so strengthening resilience in these sectors will generate an important dividend in most countries." The 2023 report also notes that while floods and winds damage power plants, landslides impact roads and rail networks more severely. In the current bout of rains, it is not surprising that roads have been the most affected.
Once water recedes, these will be the largest concern for the Centre and the state governments. It is pertinent that till now the country did not have any way to know the extent of these infrastructure losses. This was rectified only as late as March this year. The two-decade-old Disaster Management (DM) Act of 2005 was amended in the Budget session of Parliament to set up a "disaster database".
Safi Ahsan Rizvi, advisor (mitigation) in the National Disaster Management Authority (NDMA), notes that the amendments, widening definitions of disaster, will allow for larger capital works like mapping of glacier lakes and their outburst among others like prevention of landslides and urban floods.
Diese Geschichte stammt aus der September 12, 2025-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
Risk-based deposit framework may dent bank profitability: Icra
Even as the new risk based deposit framework will increase the insured deposit base and premium payouts, it is expected to impact banking system profitability by ₹2000 crore-₹12,000 crore dragging the Returnson Assets (RoA) by 1-4 basis ₹2K CR AND ₹12K CR points (bps) Icra said in its report.
1 min
February 19, 2026
Business Standard
Europe backs India's AI push and trade deal
European leaders and delegation members on Wednesday conveyed unanimous support for the early ratification of the India-European Union (EU) trade deal in their discussions with Prime Minister Narendra Modi and the Indian side during the ongoing AI Impact Summit.
4 mins
February 19, 2026
Business Standard
Iran agrees to 'principles' of nuclear deal with US
Iran said it reached a “general agreement” with the US on the basis of a potential nuclear deal that would lift sanctions on Tehran and ease the risk of war in West Asia.
1 mins
February 19, 2026
Business Standard
Govt looks to unlock ₹80K cr via rail PSU stake sales by FY30
The government is looking to raise about ₹80,000 crore over the next four financial years (FY27-FY30) by selling portions of its holdings in seven listed public-sector undertakings (PSUs) under the Ministry of Railways, according to three people familiar with the plan.
2 mins
February 19, 2026
Business Standard
Let telcos deploy their network, DoT tells Navi Mumbai airport
The Department of Telecommunications (DoT) has asked Navi Mumbai International Airport Limited (NMIAL) to allow telecom service providers to set up their networks in accordance with the Telecommunications Act 2023, a move that could finally bring mobile connectivity to hundreds of flyers at an airport that has relied on wifi since its launch in December 2025.
2 mins
February 19, 2026
Business Standard
Higher new well gas positive for ONGC
ONGC’s standalone Q3FY26 results were dragged down by low realisations, though the downstream subsidiaries, HPCL and MRPL, helped pull up the consolidated performance.
3 mins
February 19, 2026
Business Standard
Gujarat tables ₹4.08 trn Budget; big push for tourism, sports
Gujarat Finance Minister Kanubhai Desai on Wednesday presented a ₹4.08 trillion Budget for 2026-27 in the Assembly with a focus on tourism promotion, digital governance, regional growth, and creation of sports infrastructure ahead of the 2030 Commonwealth Games.
1 mins
February 19, 2026
Business Standard
Nicobar’s ecological hubris
The National Green Tribunal’s (NGT’s) decision to quash a batch of petitions questioning the environmental clearance granted to the Great Nicobar Island Development Project exposes the gap between institutional definitions of environmental safeguards and the reality on the ground.
3 mins
February 19, 2026
Business Standard
Banks to tiptoe into acquisition financing
Banks plan to move cautiously into acquisition financing after the Reserve Bank of India’s (RBI's) final guidelines, issued last week, opened an avenue for deploying resources.
2 mins
February 19, 2026
Business Standard
Banking, defence stocks in focus amid mkt recovery
Investors should begin deploying cash gradually, not aggressively, say analysts
2 mins
February 19, 2026
Listen
Translate
Change font size
