February 12, 2001 Issue


India Today, February 12

DEATHQUAKE
 


True Horror:
Hell On Earth

Rescue and Relief:
Picking up the Pieces

Gujarat Government:
Is Keshubhai
Up To It

First Person Account:
Dateline Fearscape

Quake-Resistant Building: Preventing Collapse

Insurance:
Leave It To God

Economic Impact:
What Goes Down...

Looking Back:
Latur: Still Shaken

Good Samaritans:
State-of-The-Heart

Care Today:
Rebuilding Gujarat: Hope For Survivors

 
 
OTHER STORIES
  Caplooks
 
  Voices  
  Offtrack: On The Ball  
  Eyecatchers  
       
 



 
  Home  
 

DEATHQUAKE; ECONOMIC IMPACT

Rupees And Rubble

The earthquake's fallout on the economy
will be at two levels

I. DESTRUCTION AND COST OF REBUILDING
FICCI'S ESTIMATES:
Building and construction:
Rs 12,000-15,000 crore
Mandays lost:
Up to Rs 4,000 crore
Infrastructure damaged:
Up to Rs 3,000 crore
Factory damaged:
Rs 1,500 crore
CII-IIM(A) ESTIMATES:
Kutch reconstruction: Rs 5,250 crore
Kandla port repair: Rs 150 crore
Damages outside Kutch: Rs 1,500 crore
II. LOSS OF PURCHASING POWER IN GUJARAT
..AND ITS SHORT-TERM IMPACT ON:
Appliances and electronics
Toiletries and cosmetics
Cement
Steel
Textiles and clothing
* Severe slump in demand
* Moderate slump in demand
* Pick-up in demand
Gujarat's Might
 
Accounts of 11% of India's national income
Has 13% share in India's industrial output
10% of the total number of factories in India are located in the state
Makes 24% of total cloth made in India
Contributes 31% to India's total production of cotton
Has 17% share of investments in India
Source: CMIE

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Care Today
 
 

 PHOTO GALLERY

 
  Deathquake  
   

The Pain And Horror
The cataclysmic quake on India's
52nd Republic Day served to highlight
the gaping holes in the nation's
disaster management ability. Caught in celebrations, it was five and a half hours before Delhi officials even met. See The Latest Pictures

 

 
    Web Exclusives
COLUMNS  
 


Downsizing is not about getting rid of lower division clerks but shrinking the cabinet and thus the government, says
V Shankar Aiyar

in
Au ContrAiyar

 

 
INTERVIEW  

This is just the beginning, V.K. Aatre, who is at the core of the LCA action, tells India Today Principal Correspondent Stephen David in an exclusive
Interview.

 

 
DESPATCHES  

A delay in the implementation of an eco-development project in Ranthambhore forces the World Bank to drastically cut aid. But the Rajasthan Government is yet to learn from its mistakes, writes India Today's Principal Correspondent Rohit Parihar in
Despatches.

 

 

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