WB team assures financial support to JK

WB team assures financial support to JK

The State Government team was headed by Principal Secretary Planning and Development, B R Sharma and the World Bank team was led by Saurabh Dani.

A team of the World Bank Monday assured the J&K government of its “full support and assistance” in rehabilitation of flood victims and restoration of infrastructure damaged due to the devastating deluge in September last year, officials said.

An official spokesman said the World Bank team assured full support and assistance to the State Government and informed that it is fully aware of the losses suffered by the people in the State due of the floods.

“The team said they will carry out an analysis of the loss assessment within few days which will give them an overall view on how the State Government can be provided financial support,” the spokesman said. “They informed that the report shall be submitted to the Government of India, followed by the discussions with the Union Ministry of Finance to finalize the proposal of the State Government.

The team assured the State Government that they are ready to support the people who have lost their houses, livelihood etc. and their main focus is on rehabilitation of the affected families, revival of the business activities and also rebuilding of the public infrastructure.”

The team held sectoral discussions with different administrative secretaries. “The team decided to visit the affected areas of the State. One team proceeded to Srinagar which will remain stationed there for two to three days and visit the flood affected areas; the other team which is at Jammu shall visit the districts of Reasi, Udhampur, Poonch, Rajouri and Jammu.”

A meeting was held between the representatives of the State Government and the World Bank team.

The State Government team was headed by Principal Secretary Planning and Development, B R Sharma and the World Bank team was led by Saurabh Dani.

Principal Secretary Finance, B B Vyas informed the team that the State Government is looking forward to the support and assistance from the World Bank to rebuild damaged public and private infrastructure and for rehabilitation of flood affected families, the spokesman said.