Dehradun

$400m World Bank, ADB aid for rehab work

PNS

With an intention to help the State in rebuilding of Uttarakhand after disaster, World Bank and Asian Development Bank (ADB) have agreed to provide around $400 million to the State. 

During a meeting with Chief Minister Vijay Bahuguna, they stressed on treatment of landsliding zone to avoid perennial traffic jam problem due to landslide during or after heavy rain. Bahuguna has said that rehabilitation and reconstruction of basic infrastructure and projects ought to be undertaken, ensuring quality and in a time-bound manner. The Chief Minister has stated that world’s best agencies ought to be involved in this work.

It may be noted that after the natural disaster in Uttarakhand, the World Bank and Asian Development Bank are providing four hundred million dollars for the rehabilitation work. The money 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 October 15. In normal circumstances, this takes around three to four months.

The Chief Minister has also requested the representatives of the World Bank and Asian Development Bank to attend the conference being organised in New Delhi in September by Uttarakhand for Himalayan States and countries. Also present on the occasion were Chairman, Revenue Board SK, Mattoo, Additional Chief Secretary Rakesh Sharma and other officials.