BEAS Financial News

Himachal Pradesh is still struggling to recover from widespread devastation caused by cloudbursts and floods since last weekend as 108 deaths were reported in the state amid the fresh warning by IMD of heavy rains till July 18. The estimated cost of the damage in the state is reportedly over Rs 3738.28 crore monetary loss, the Department of Revenue, Himachal government said in a data released on Friday. Among all the affected states in North India, Himachal Pradesh remains the hardest hit, after which Union Home Minister Amit approved the advance release of the second installment of the central share of the State Disaster Response Fund (SDRF) amounting to Rs 180.40 crore. In order to support the affected people, the Central Government has already released the first installment of a Central share of Rs 180.40 crore to Himachal Pradesh from SDRF on July 10, 2023, for relief measures of immediate nature, said the Ministry of Home Affairs (MHA) in a statement. «The release of funds will help State Government to undertake relief measures to the affected people during the current Monsoon season,» said the MHA.

₹3738.28 crore monetary loss, the Department of Revenue, Himachal government added. Among all the affected states in North India, Himachal Pradesh was hit the most this year, and the Idia Meteorological Department has also issued a yellow alert till 18 July in the state. “The monsoon become active in Himachal Pradesh on July 14.

Lethal flooding has simultaneously hit India, Japan, China, Turkey and the U.S. Northeast

moderate rainfall occurred at most places in the eastern part of the state and at isolated places in the western part during the same period, according to PTI reports.  In Sirohi, Abu Road recorded 11 cm downpour, Pratapgarh and Dholpur 9 cm each, Sangod (Kota), Paota and Chomu (both in Jaipur) and Sumerpur (Pali) recorded 8 cm each while the rainfall in many other areas was below 8 cm, the MeT department said.  The weather office has predicted heavy rainfall in Baran, Bharatpur, Bundi, Dholpur, Jhalawar, Karauli, Kota, and Sawai Madhopur districts on Wednesday. In Pratapgarh, a 35-year-old man drowned in the Karmvachhni River on Monday night.

₹3000 crore to ₹4000 crore. Tourists too are stranded in parts of the hill state and as per reports, over 500 tourists are stranded in Chandertal, Pagal Nallah, other places in Lahaul and Spiti. According to officials, National Disaster Response Force (NDRF) also rescued 515 labourers stranded in a waterlogged slum in Una district.

A flood-like situation has emerged in the  Mandi SP Soumya Sambasivan told ANI that many people had been rescued as water levels rose. The IMD however for Meanwhile, on the rising water level due to incessant rain, , Mandi SP said, "Those living across the Beas River have been rescued...They have been sent to the rescue centre.

Indian metrological Department (IMD) has issued red alert for the state. The weather department has also said that very heavy rainfall activity is likely to reduce from tomorrow, Tuesday. The torrential rains are likely to reduce in pace for the next three days.

National Highway 3 has been washed away by the overflowing Beas River in Kullu, Himachal Pradesh.

North Indian states witnessed an intense spell of monsoon rain, resulting in significant damage, loss of life, and property. The rain continue to lash in several parts of the North India today too. On Saturday, IMD issued a red alert for seven districts of Himachal Pradesh and an orange alert for three districts for the next 48 hours.

north India on Sunday with 19 people killed in landslides and other rain-related incidents, while most rivers, including the Yamuna in Delhi, were in spate. In cities and towns across the region, many roads and residential areas were submerged in knee-deep water with the civic system unable to hold on in the face of record rains.

Amarnath Yatra. Heavy downpour is causing the water levels in the Beas river rise continuously. This has resulted in flash floods in various districts.

National Highway were closed following the torrential rains. Hundreds of people were stranded in different parts of the state, including in Chandratal in Lahaul and Spiti and near Sadhupul in Solan district. While six people died in rain-related incidents on Sunday, the death toll has risen to 54 since the onset of the monsoon on June 24, according to the state emergency operation centre.

Five people were killed as heavy rains pounded Himachal Pradesh on Sunday, triggering landslides and flash floods, damaging houses and paralysing normal life with authorities ordering the closure of schools and colleges for two days.

Himachal Pradesh on Sunday, causing landslides and flash floods, damaging homes, and paralyzing daily life. Schools and colleges were shut down for two days. Five people died as a result.

Monsoon Rain: Heavy rain persisted in various parts of the national capital and its neighbouring areas on early Sunday morning, as per the India Meteorological Department (IMD).The IMD further forecasted high-intensity showers to continue over New Delhi for the next two days. According to a tweet by the IMD, thunderstorms accompanied by light to moderate rain are expected in isolated places of Delhi and its adjoining areas.

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