Losses pegged at ₹30.15 crore - News Summed Up

Losses pegged at ₹30.15 crore


more-inThe district administration has pegged the damage caused by the cyclone Ockhi in the district at ₹30.15 crore. As per the district administration’s assessment, ₹23.76 crore will be needed to pay compensation to people whose houses were either completely destroyed or damaged. Agriculture loss has been pegged at ₹31.40 lakh whereas fishing and allied sectors suffered a loss to the tune of ₹3.68 crore. Damage to 132 fishing boats alone accounted for ₹3.27 crore whereas damage to fishing nets was pegged at ₹27 lakh. ₹86 crore neededThe report said that ₹86 crore would be needed for constructing seawall and geo-textile tube to prevent sea erosion along the coastal stretch between Munambam and Chellanam, out of which Chellanam accounted for ₹51.34 crore and Vypeen ₹34.6 crore.


Source: The Hindu December 27, 2017 19:10 UTC



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