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India's Flood-Ravaged Kerala Seeks at Least $1.4B Loan for Reconstruction

India's flood-ravaged Kerala state will seek to borrow more than 100 billion rupees ($1.4 billion) to finance reconstruction work after a disaster that has claimed nearly 400 lives, its chief minister said on Tuesday. The proposed loan is part of a special package that the southern state, which estimates it has suffered damage of at least 200 billion rupees, will seek from Prime Minister Narendra Modi's government for rebuilding efforts, minister Pinarayi Vijayan said. Kerala...

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