$400 million aid to Uttarakhand

The World Bank and Asian Development Bank (ADB) are providing 400 million dollars for the rehabilitation work to the disaster-hit Uttarakhand. 

The monetary aid will be used for rehabilitation and reconstruction work on drinking water projects, connecting roads, trekking routes, construction of damaged houses and government offices, tourism, flood control, electricity and basic services. The World Bank will also provide technical help to the state. The formalities will be completed by the month of September, while the aim is to start work by 15 October. 

The state chief minister, Vijay Bahuguna told that rehabilitation and reconstruction of basic infrastructure and projects ought to be undertaken ensuring quality and in a time-bound manner. The world’s best agencies ought to be involved in this work. 

At a meeting with representatives of the World Bank and Asian Development Bank, he emphasised on stabilising landslide prone areas.