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Following incessant rains, IT companies in Hyderabad have asked their employees to work from home. 
 
The heavy downpour forced the Telangana government to close all educational institutions in Hyderabad on Friday and Saturday. 
Meanwhile, the state government has sought help of the Army for rescue operation in some areas of the city. 
 
"We sought their help and they also came forward. They have been given maps and other information of areas like Gachibowli, Nizampet, Alwal and Hakimpet. They are willing to swing into action whenever we call them, the GHMC official told PTI. 
 
Telangana's Information Technology Secretary Jayesh Ranjan said they have sent an advisory to IT companies' association to either declare a holiday or allow their employees to work from home following . 
 
"We have asked the association to send an advisory to all the IT companies located in the city. Accordingly, they issued advisory to all the IT firms. This is in the interest of safety of the employees. The response from companies is good," Ranjan said. 
 
Heavy rains battered the city which is a major center for the technology industry, and some other parts of Telangana for the past couple of days, throwing life out of gear in some places. 
 
Some localities in low lying areas of Miyapur and Nizampet continue to be inundated since the last two days. 
 
Chief minister K Chandrashekar Rao on Thursday reviewed the situation and directed officials to take all precautionary measures in view of the heavy rain forecast. 
 
State IT Minister KT Rama Rao along with senior officials toured the city last night and reviewed the situation. He instructed officials to evacuate people from low-lying areas. 
 
Normal life in some low-lying areas of the city has been disrupted due to the water-logging, and traffic has been hit badly due to the downpour. 
 
Hyderabad traffic police has advised commuters to avoid undertaking unnecessary journeys. 
 
(Image: Twitter)

Hyderabad rains force techies to work from home

<ul><li>The total rain from south west monsoon has been 40% less than the average.</li><li>The deficit is as high as 56% in south India and farmers have been asked to avoid sowing for crops like rice that need a lot of water.</li><li>Central India comes a close second with a rain deficit of 41% until June 19.</li><li>The crisis in rural India may become a significant factor in the upcoming budget.</li></ul> India is already suffering from a severe water shortage in many parts of the country and the rain Gods have not been merciful yet. That would put pressure on the Narendra Modi government, particularly on Finance Minister Nirmala Sitharaman, ahead of the upcoming budget to ensure the rural distress in the country does not worsen any further. The total rain from south west monsoon has been 40% less than the average. The deficit is as high as 56% in the southern peninsula --Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and Goa. The central parts of the country, states like Madhya Pradesh, Maharashtra and Chhatisgarh, come a close second with a rain deficit of 41% until June 19. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 The shortage is therefore the worst in the rice growing areas and therefore the farmers have either delayed or reduced the sowing of crops like rice, sugarcane and cotton, all of which need a lot of water, according to government data. This is part of the government's contingency plan in the 648 worst-hit districts of the country. What's worse, farmers have <a href="https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/fertilisers-to-turn-10-costlier-as-potash-rates-rise/articleshow/69657956.cms" data-type="tilCustomLink" target="_blank">to pay up to 10% more for fertilisers</a> this sowing season, than what they paid last winter, thanks to a rise in global prices for potash due to stronger demand, the key raw material, and a weaker rupee. Tractor sales Expectations of a poor monsoon also affect the purchase of farm equipment like tractors. The impact has been visible already in the 15% fall in tractor sales in May compared to the same time last year. That's bad news for Mahindra and Mahindra, which makes nearly 31% of its revenue from tractors alone and things have been far from rosy for a while now. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 The gloomy expectations have been evident in the share price too, which has lost over 31% in the last one year. 
 
 
 
 
 
 
 
 
 
 
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 All eyes are now on the budget, and both the country's millions of farmers as well as companies like M&amp;M hope for some sort of relief package that soften nature's blow on the rural economy. There are some encouraging signs with the President Ram Nath Kovind announcing a ₹25 trillion fund to protect the rural economy. The income guarantee scheme of ₹6,000 a year has been extended to the country's 145 million farmers. India has also appealed to China to lower tariffs on agricultural exports from India. Rural consumption has already slumped sharply and a poor monsoon may only worsen it. The government will have to think of other measures to support the economic recovery. SEE ALSO: <a href="https://www.businessinsider.in/there-is-a-lot-of-bad-news-that-modi-has-to-budget-for-this-year/articleshow/69635372.cms">There is a lot of bad news that Modi has to budget for this year</a> <a href="https://www.businessinsider.in/modi-government-sets-up-two-cabinet-panels-to-check-falling-gdp-employment/articleshow/69670523.cms">Modi government sets up two cabinet panels to check falling GDP, employment</a>

The shortfall in rains is the worst in South India and it will affect rice and oilseeds production as well as tractor sales

<ul><li>14% <keyword id="59866" type="General" weightage="20" keywordseo="taxpayers" source="Orion">taxpayers</keyword> say they will not be able to meet the <keyword id="43355" type="General" weightage="20" keywordseo="deadline" source="Orion">deadline</keyword>. </li><li>70% surveyed said that they have already completed filing their income tax (IT) returns. </li><li>Taxpayers cite inability to file returns due to the effect of <keyword id="48088" type="General" weightage="20" keywordseo="floods" source="Orion">floods</keyword> in various parts of India. </li></ul>Revenue Secretary Sanjay Malhotra said last week that the possibility of extending the deadline for filing income tax returns for the financial year 2022-2023 beyond July 31, 2023, is unlikely. He advised taxpayers to expedite the process of filing their income tax returns before the mentioned deadline. However, according to community social media platform LocalCircles, 27% of individual income taxpayers surveyed are yet to file their FY2023 income tax returns. Moreover, 14% say they will not be able to meet the deadline. The surveyed have said that the delay in filing returns is primarily because India is grappling with the effects of heavy monsoon and floods in July, causing havoc in various regions. States like Assam, Himachal Pradesh, Uttarakhand, Telangana, Gujarat, Maharashtra, and Delhi NCR have been impacted by floods, landslides, and excessive rains, resulting in the displacement of thousands of people. The floods have led to power outages that last for hours and even days in some areas, disrupting the lives and work of many individuals. Based on the feedback from community discussions on LocalCircles, it appears that people are suggesting the Government to consider a two-week deadline extension for filing income tax returns. <cmsannotation type="cmsannotation" annotationid="Where do things stand, as per the survey" comment="subhead" text="Where do things stand, as per the survey">Where do things stand, as per the survey</cmsannotation> Out of over 12,000 respondents, one in four tax paying citizens admitted that they have not yet filed their income tax returns, as mentioned earlier. Out of these, 5% encountered difficulties but intend to try again before July 31, while 8% expressed confidence that they will comfortably file before the month-end. 9% stated it would be impossible for them to file before the deadline. This translates to approximately 14% of the respondents may likely be unable to meet the <keyword id="104359" type="General" weightage="20" keywordseo="income-tax-return" source="Orion">income tax return</keyword> deadline. Well, the clock is ticking.

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Hyderabad rains force techies to work from home

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The shortfall in rains is the worst in South India and it will affect rice and oilseeds production as well as tractor sales

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