Rain, Rain, Go Away!

The rain has got Maharashtra real good this time around. All low lying areas are in trouble now. Thankfully, evacuation and help activities are moving along well. This will be a hugely disruptive event in the lives of lakhs of people. I remember my uncle incurring thousands of rupees of damage in his shop due to rain. Insurance is not a poor man's tool in India. So most of these folks have the misfortune of absorbing their own losses.