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| Rice output to slump by 16 mn tonnes: FM | 23-OCT-09 |
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| Finance Minister Pranab Mukherjee has apprehended that rice production this year could be 16 million tonnes below the 2008-09 level due to twin-impact of drought and floods. |
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| Man-made floods | 13-OCT-09 |
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| Unlike earthquakes, which can neither be predicted nor prevented, floods are both predictable and, to a large extent, preventable. The country has an elaborate, country-wide flood warning system in place, with two well-equipped central agencies — the India Meteorological Department (IMD) and the Central Water Commission — charged with this task. Despite this, the receding monsoon has caused devastating floods in Karnataka, Andhra Pradesh and Maharashtra, killing hundreds of people and rendering several million homeless. Heavy precipitation alone cannot be held responsible for this, because this seems to be a case of multi-agency failure. Water inflows into dams were allowed to rise unabated till they became unmanageable and required to be released, regardless of the fact that the entire region was being pounded by an incessant monsoon downpour at the time. The blame for this rests on the managements of the water reservoirs, who mistimed the release of water. |
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| Infosys commits Rs 30cr to Karnataka govt | 09-OCT-09 |
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| Software major Infosys today said it had committed Rs 30 crore to the Karnataka government in carrying out relief and rehabilitation in the rain-ravaged areas. |
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| LG expects FY09 revenues at Rs 14,000cr | 09-OCT-09 |
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| Korean electronics giant, LG India, expects to close the current fiscal with Rs 14,000 crore in revenue, a growth of about 25 per cent over the previous year. |
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| PM visits AP, announces Rs 1,000cr for flood relief | 09-OCT-09 |
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| Describing the unprecedented floods in Andhra Pradesh as a national calamity in its own way, Prime Minister Manmohan Singh today announced an immediate advance of Rs 1,000 crore towards relief and rehabilitation works in the state. |
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| YSR's project sorrow of Andhra town | 09-OCT-09 |
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| The controversial Pothireddypadu head regulator which regulates flow of water from a dam and whose capacity was enhanced to 40,000 cusecs by late Chief Minister Y S Rajasekhara Reddy despite strong opposition from all parties, has proved to be the sorrow of Nandyal town and many villages around in Kurnool district. |
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| Shift villages prone to floods, CM to officials | 08-OCT-09 |
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| Addressing a meeting of elected representatives and officials at Hubli on Tuesday after visiting Gadag, Savadatti and Karwar, Karnataka chief minister Yeddyurappa instructed the officials to complete the process of shifting the villages prone to flooding, within one year, to ensure permanent relief to such villages. |
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| Floods hit15% of standing urad crop | 08-OCT-09 |
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| Floods have damaged an estimated 15 per cent of the kharif urad crop. Analysts are now divided over the direction prices would take in the futures market, with most predicting that a clear picture would emerge only after the arrival of the rabi crop in February. |
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