Monday, 28 October 2013

World Bank Approved 250 Million Assistance US Dollars For Uttarakhand

The World Bank on 25 October 2013 approved 250 million US dollars assistance for Uttarakhand, in the wake of rains and landslides that killed several hundred people in the state in June 2013. The World Bank approved the assistance to help the state undertake rehabilitation work and improve its capacity for disaster management.

India had asked for help from multi-lateral agencies like the World Bank and the Asian Development Bank (ADB) for undertaking rehabilitation work in Uttarakhand.

Prior to this, a joint World Bank and ADB team conducted a Rapid Damage and Needs Assessment (JRDNA) to rebuild Uttarakahnd's infrastructure damaged in the June disaster.

According to the JRDNA estimate, the total reconstruction work to repair physical damages and infrastructure loss was calculated at about 661 million US dollars. The infrastructure covered sectors such as housing and public infrastructure, water supply, roads and bridges and sanitation, tourism, energy and environment.

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