– by Akash Pharande, Managing Director – Pharande Spaces Undoubtedly, urban flooding, especially in a country like India, which sees annual monsoons, can have serious economic consequences. These consequences are completely apart from the inconveniences and frayed tempers caused by pothole-raddled, awash streets. For example, excessive rains ruin crops – a serious matter in agriculture-driven nations where food prices are dictated by availability. Flooding can destroy or severely damage assets like automobiles, public utilities, and electrical grids, lead to excessive air pollution due to crawling traffic, and cause other economic…
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