World Bank team to visit JK from February 1

Greater Kashmir

To explore possibilities of intervention in infrastructure development

Srinagar, Jan 24: After getting go-ahead from Government of India (GoI), a team from World Bank (WB) will visit Jammu and Kashmir in first week of February to explore possibilities of their intervention in reconstruction of infrastructure damaged in the State during last year’s flood.
The team, during their 6-day visit beginning February 1, will visit flood-hit areas to assess the damages and prepare a recovery framework.
On October 21, 2014, the Union Ministry of Finance had led a team of WB and Asian Development Bank to Jammu and Kashmir for undertaking preliminary assessment of the post food situation in the State.
The team comprising World Bank’s India Head, Onno Ruhl, and ADB’s India Director, M Teresa Kho, took stock of the situation in flood hit areas of Srinagar.
The team had assured the state government of financial help in undertaking rehabilitation and rebuilding of ravaged infrastructure in both private as well as government sectors.
On the same day, the State Government had sent a written request to Union Finance Ministry for intervention of these multilateral institutions in State’s reconstruction. However, there was no word from the GOI about their visit to the State during the last two months. The Center recently conveyed its nod to WB for exploring  possibility of funding reconstruction in the State.