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Hudhud fallout: Losses could go up to Rs 70,000 cr, says N Chandrababu Naidu

Andhra Pradesh Chief Minister N Chandrababu Naidu today said the exact financial loss caused by Cyclone Hudhud is yet to be calculated even as initial estimates indicate that it can go up to Rs 70,000 crore

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Visakhapatnam: Andhra Pradesh Chief Minister N Chandrababu Naidu today said the exact financial loss caused by Cyclone Hudhud is yet to be calculated even as initial estimates indicate that it can go up to Rs 70,000 crore.

The situation in north coastal districts is still grim and all efforts are being made to bring back normalcy as far as power supply is concerned, Naidu told reporters at the Collectorate here. "It is very difficult to assess the damage and loss caused by the cyclone. We are still getting reports whether it (total losses in all cyclone-hit districts) is Rs 60,000 crore or Rs 70,000 crore.

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