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Kerala Expects Rs 3,596 Crore World Bank Loan For Rebuilding After Floods

Kerala Expects Rs 3,596 Crore World Bank Loan For Rebuilding After Floods
Damages to life and property in Kerala floods were in excess of Rs 30,000 crore, as per various agencies
Thiruvananthapuram: 

Kerala Chief Minister Pinarayi Vijayan, after a high level meeting in Thiruvananthapuram on Monday to discuss the 'rebuild Kerala' initiative in aftermath of the worst-ever floods that hit the state last year, indicated that the World Bank will provide a Rs 3,596 crore loan for rebuilding activities covering various sectors.

He said that the World Bank has, in principle, agreed to this sum, provided that state government also chips in 30 per cent which would work out to be around Rs 1,541 crore.

"From what we have gathered is that the World Bank sanction of the loan is expected to come in June, when this would be taken up in their meeting then. In the present fiscal, an amount of Rs 1541 crores would be utilized for rebuilding activities," Mr Vijayan added.

The disaster, which began with rains at the end of May last year and continued in three stages till the middle of August, had claimed 483 lives and at the height of the deluge, there were 14.5 lakh people in over 3,000 relief camps.

Various agencies had assessed the total damages to life and property in the deluge were in excess of Rs 30,000 crore.

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Kerala has been hit by the worst floods in a 100 years. The Kerala Government estimates Rs 21,000 crore will be needed to rebuild the state. The funds are required to rebuild hundreds of flooded villages, thousands of damaged and destroyed homes and 10,000 kilometres of ravaged roads.
 
This Onam as Kerala struggles to rebuild after the most devastating floods in a century, NDTV has organised a special telethon to raise funds for Kerala. We have specific goals - to enable the rebuilding of villages in the worst-affected districts and provide immediate assistance in terms of rehabilitation and food kits to people in the worst affected areas . All donations will go directly to our partner NGO Plan India.
 
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Opinion

  • Blog: 7 Lessons In Crisis Management We Can Learn From Kerala

    Blog: 7 Lessons In Crisis Management We Can Learn From KeralaUma Sudhir

    Thursday August 30, 2018

    Unlike what usually happens during a disaster, the Kerala government has not faced severe criticism for what went wrong on the ground. Popular perception has been that the political class, bureaucracy, civil society and of course the people of Kerala worked well together to overcome the adversity.

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    Blogs: ये नफरत आपको दंगाई बना रही है, हमारी मोहब्बत आपको इंसान बनाएगीRavish Kumar

    Saturday August 25, 2018

    हम तुम्हारी हर झूठ पर भारी पड़ते हैं, भांडा फोड़ देते हैं और इस तरह आप धीरे-धीरे बदलते चले जाएंगे. नफरतों से सामान्य होना कितना सहज हो चुका है. मैं केरल नहीं गया. जाता तो गलत नहीं होता. उसके बाद भी किसी मदद करने वाले के चेहरे पर मेरा चेहरा लगाकर इस तरह से पेश किया जा रहा है ताकि कम दिमाग के लोग मान बैठे कि केरल जाना या बाढ़ पीड़ितों की मदद करना गलत है. कम दिमाग वालों में ऐसी मूर्खता होगी ही इसी भरोसे धारणा फैक्ट्री से ऐसी सामग्री बनाई जाती है. सोचिए जिसकी जगह मेरा चेहरा लगा है वह कितना अच्छा होगा. अपने कंधे पर एक बच्चे को बिठाकर ले जा रहा है. यह उस बंदे का अपमान है. हम समाज में ऐसे लोगों को तैयार कर रहे हैं जो इस तरह के झांसे में आ रहे हैं.