CHENNAI: With the northeast monsoon (NEM) expected to set in around October 15, a new assessment by the Coalition for Disaster Resilient Infrastructure (CDRI), a body which has over 50 nations as members, has flagged the financial risks Tamil Nadu faces from floods and cyclones. A single extreme weather event could cause losses of around $620 million (approximately `6,000 crore), with infrastructure recovery costs potentially exceeding funds readily available to the state, as per the report released on Monday. Titled Towards Resilient Public Finance: Sub-National Assessment of Fiscal Risks in...