Deluge, destruction in Jammu and Kashmir

September 14, 2014

Srinagar, Sep 14: These are unprecedented times. Generations of people of Jammu and Kashmir had not seen the kind of devastation that the floods of September second week have wrought on the Himalayan state.

jkThe deluge has left a trail of destruction in almost every district of this already vexed state. The flood havoc has left the Jammu region and the Kashmir Valley equally ruined. A week of thunderous rainfall has breached canals and lakes and flooded the rivers, pushing the state, not known for its administrative efficiency, backward by a couple of decades. There is hardly any family which has not been affected by this completely unpredicted misery.

Days of rainfall and flooding have impacted every walk of life. After the thunder storm that started on September 6, only now Srinagar has started getting electricity supply, that too only in parts of the state capital. There is hardly any telephone connectivity. With mobile networks non-functional and power intermittent, the problem of contacting the near and dear ones is a tall order. There are tales of parents not knowing the whereabouts of the family members, mothers having lost children and brothers unaware what happened to the uncontactable cousins.

Take anything in J&K, they are under water. Shops and establishments, hospitals, banks, government and private offices, telephone exchanges, police stations, schools and colleges, power plants, petrol pumps and newspaper offices are under water and will remain closed for days to come. Of the seven hospitals in the city, only one – Sher-e-Kashmir - is functional. Godowns are under water. Petrol pumps are empty.

The HP and IOC oil storage tanks located in Pulwama district along the closed Srinagar-Jammu highway are submerged. Most of the buildings and houses are under at least 10 ft of water. There is a level-playing field here though. Chief Minister Omar Abdullah’s office, secretariat, Assembly building, areas like the posh Jawahar Nagar - where leading politicians and top bureaucrats live - have been under water. So much so that the chiefminister could not contact his own ministers or officials for days on end.

There are no stocks in ration shops. Left over stocks are looted by thieves who came in boats. There is an acute shortage of food across the affected districts. Medicine is urgently needed as receding flood waters may bring in diseases. The biggest problem is acute shortage of medicine and drinking water. Some temporary hospitals are set up as voluntary doctors are working but are devoid of medical facilities. Without water, there is the danger of people getting dehydrated. In the only paediatric hospital of Srinagar, 14 newborns died. There are reports that some bodies are lying on trees.

Relief camps have been set up but the condition there is sub-human. While seven of the 10 north Kashmir districts were affected, rain has started pounding south Kashmir since Friday. People’s anger is against both the state and the Central governments.

Affected residents say while the state government completely failed to come to the rescue of the flood-hit, the Centre could have done more. Instead of pressing just 100 boats in to service, what was needed was 1000 boats as lakhs were waiting to be rescued over six days without proper food or water. In Sringar alone, of the 6 lakh trapped in waters, only 1 lakh have been rescued.

Said Riaz Ahmed, a businessman: “This is the time when the rest of the country can really show that Kashmir is part of India, that they are ready to embrace us in this hour of tragedy. Help is coming, but it is insufficient, not streamlined.”

Cries of woe

Many have lost their lives and also savings and property. Says Mohd Mazan Bhat, a retired government official: “I constructed a house in Bemina out of my life savings. The house has been washed away in the floods. I lost everything in a matter of a few hours.” Bhat, now in a relief camp, weeps: “I don’t know how to restart my life.”

Four days after he was rescued from his house which is under 15 ft of water in Karan Nagar, advocate Jawed is not able to live down the horror he went through. “I was saved by an army boat after three days and two nights. I am still terrified, I am not able to sleep. I get hallucinations of the violent waves lashing my house engulfing it and the neighbourhood.”

Senior journalist Arshad Hussian of Kashmir Times and his mother are not traceable. He has three small children and all are rescued from his house at Shivpura on the banks of the Jhelum river. His wife, a doctor, was at her hospital when the tragedy struck and is safe. I have been trying to locate them at relief camps but am not successful.

There are hundreds of such stories here. As for my relatives, there is no information about dozens of them. Same with scores of journalist colleagues and friends.

But many have not left their homes despite army boats reaching them. They are scared that the moment they leave, whatever that is left at home would be taken away by the gangs of thieves.

Lack of connectivity is one of the biggest logistical problems. Authorities claim that 50 per cent of mobile connectivity is restored but in reality, it is not even 10 per cent. BSNL and Airtel connections are not working. Aircel network is available but only in some areas.

There is apprehension as to what will happen to the cash deposits in scores of banks across the state as well as the cash in the main state treasury situated on Residency Road in Lal Chowk which are under water. The chiefminister has assured the people that cash in banks as well as treasury is safe.

In south Kashmir, Anant Nag, Pulwama and Pehlgam have been devastated by floods. Almost 90 per cent of people there are affected. In north Kashmir, parts of Badgam, Baramulla and Bandipore districts are badly hit. In north, only Ganderbal, Kupwara and Shopean districts remain largely unaffected. On Friday, 40 bodies were retrieved from Pancheri village in Udhampur district in Jammu division, devastated by landslide. There are reports that several bodies are lying in different police stations in Srinagar. No one knows about the identity of these bodies.

Rehabilitation in J&K will take years. Public infrastructure is badly affected. In hospitals, all equipment, be it CT scan, x-ray, MRI machines etc are badly damaged under muddy water. Even if water recedes, it won’t be of much help.

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News Network
January 13,2020

New Delhi, Jan 13: Walmart, the world’s largest retailer, has fired around 50 of its India executives as part of its restructuring in the country, three sources with direct knowledge said.

The move underscores the struggles Walmart has faced in expanding its wholesale business in India. The Bentonville, Arkansas based company currently operates 28 wholesale stores where it sells goods to small shopkeepers, and not to retail consumers.

The firings mostly affected executives in the company’s real estate division because the growth in the wholesale model has not been that robust, two of the sources said.

“It’s happening because focus is shifting to e-commerce rather than physical (stores),” said one source, who declined to be identified as the decision is not public.

Walmart did not respond to a request for comment.

Walmart has placed bold bets on India’s e-commerce sector. In 2018, it paid $16 billion to acquire a majority stake in India’s online marketplace Flipkart, in its biggest global acquisition.

The second source added that while Walmart could slow down the pace of opening new wholesale stores, the focus will increasingly be on boosting sales through business-to-business and retail e-commerce.

Some of the executives were sacked last week and more could be let go on Monday, two sources said.

In a statement to India’s Economic Times newspaper, which first reported the news, Walmart said it was always looking for ways to operate more effectively and that “this requires us to review our corporate structure to ensure that we are organized in the right way to best meet the needs of our members.”

Walmart has around 600 staff in its India head office out of a total of around 5,300 nationally, one of the sources said.

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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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News Network
March 29,2020

Mumbai, Mar 29: Virologist Minal Dakhave Bhosale led from the front to create India's first coronavirus testing kit even when she was in the last stage of her pregnancy.

Bhosale's efforts paid the price with her team delivering the testing kit in a record time of six weeks.

Bhosale gave birth to a baby girl just a day before submitting the kit to the authorities for evaluation.

"It was like giving birth to two babies," Bhosale told PTI over the phone.

The virologist said both the journeys - that happened in parallel - were not without challenges.

"There were complications in the pregnancy while work on the test kit was on. The baby was delivered through cesarean," she said.

Bhosale said she felt that it was the right time to serve the people to help them in combating the coronavirus threat.

"I had been working for five years in this field and if I don't work in emergency situations when my services are needed the most, then what is the use?" she said.

Though Bhosale was not able to visit the office due to the pregnancy, she was guiding a team of 10 persons working on the project at Mylab Discovery in Pune.

The strong bonds forged with the team over the years and their support made it possible, she said.

Company's co-founder Shrikant Patole said just like drug discovery, test kits too go through a lot of quality checks to improve the precision.

He credited Bhosale for the success of the project.

The COVID-19 testing kit delivered by Bhosale's team will reduce the time taken for delivering a result to 2.5 hours from the prevalent practice of eight hours.

A pioneering approach to testing without compromising on the results was adopted, Bhosale said.

The Maylab test kit will cost Rs1,200, a quarter of Rs 4,500 per kit that the government has been spending on testing so far.

"I'm happy that I could do something for the country," Bhosale said.

As of Friday, only 27,000 of the 1.3 billion people were tested for the virus in the country.

According to experts, high scale testing is essential because it alone can ensure an early diagnosis of COVID-19 and lower down the fatalities.

The company is confident of ramping up the capacity at its plant in Lonavala to deliver 100,000 kits a week, Patole said.

He said the authorities are helping the company, including giving priority for shipping of the raw materials.

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