Kerala floods: Massive impact on economy
Updated: August 22, 2018 02:50 PM IST
Rain fury in Kerala caused unprecedented floods is likely to set the state's gross domestic product back by nearly a percentage points in this financial year, said rating agency CARE, which added that the southern state’s GDP is expected to fall to 6.5 per cent to 7 per cent from budgeted 7.6 per cent.
