On 6 February, 2023 Southern Turkey and the adjoining areas in Syria were hit by a 7.8 magnitude earthquake followed by several aftershocks. The tremors have flattened buildings and destroyed roads and other infrastructure. At least 35,000 casualties (UPDATE) have occurred across Turkey and Syria, with the vast majority being in the former nation. A news report cited the Turkish environment minister saying that 24,921 buildings across the region had collapsed. What...
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Indian banks gave more home loans than agricultural credit
In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
More »JoshIMAth sank 5.4cm in 12 days, ISRO satellite IMAges show - Poulomi Ghosh
-Hindustan Times The National Remote Sensing Centre of the Indian Space Research Organisation has released satellite IMAges of JoshIMAth, the Uttarakhand town gradually sinking because of land subsidence. It has revealed that a rapid subsidence of 5.4 centimeters has been recorded in 12 days between December 27, 2022 and January 8, 2023. The 12-day period of subsidence has been rapid, because between April 2022 and November 2022, JoshIMAth saw a slow...
More »Ravi Chopra, veteran environmentalist, interviewed by Rajat Ghai (Down to Earth)
-Down to Earth Veteran environmentalist spoke to Down To Earth about the ongoing disaster in Uttarakhand Since the past one week, a major tragedy has been unfolding in the high HIMAlayas of Uttarakhand. The historic temple town of JoshIMAth, the gateway to the shrine of Badrinath, has been witnessing scenes of panic and anger as locals protest the cracks in the area. From houses to temples to commercial establishments, nothing has...
More »Dr CP Rajendran, expert on seismo-tectonics, earthquakes and tsunami geology, interviewed by Rashme Sehgal (Newsclick.in)
-Newsclick.in JoshIMAth is a serious warning signal. Any realistic development strategy should balance infra development, acceptable levels of risk, and carrying capacity of the terrai, says the noted expert on earthquakes. Dr. CP Rajendran is among India’s foremost experts on seismo-tectonics, earthquakes and tsunami geology. He is also a strong critic of the development model being pursued in Uttarakhand, a hilly state where the intensity of large-scale infrastructure projects has been rising...
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