India’s flood-ravaged Kerala seeks at least $1.4 billion loan for reconstruction

Flood victims unload food and relief material from an Indian Air force helicopter at Nelliyampathy Village, in the southern state of Kerala, India August 21, 2018. REUTERS/Amit Dave

NELLIYAMPATHY/NEW DELHI (Reuters) – India‚Äôs flood-ravaged Kerala state will seek to borrow more than 100 billion rupees ($1.4 billion) to finance reconstruction work after a disaster that has claimed nearly 400 lives, its chief minister said on Tuesday. The proposed loan is part of a special package that the southern state, which estimates it has […]

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