On Wednesday morning, anticipating a flood-like situation, residents, especially those living in low-lying areas and floodplains, were shifted to other locations in the city.
Known as 'lohe ka pul' in common parlance, the iron truss bridge was built in 1863 as part of a railroad link between Delhi & Calcutta. Now submerged in Yamuna, it waits for the flood to recede.
As per Central Water Commission's flood-monitoring portal, water level at Old Railway Bridge crossed 207 m at 4 am, first time since 2013. River is expected to rise to 207.35 m by noon.
IndiGo showed how a single point of failure can ripple across a sector. In defence, where there is no external fallback, the consequences are far more serious.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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