Union Government announces additional package of Rs. 2,437 crore for J &K

Union Government has announced an additional package of 2,437 crore rupees for reconstruction and rehabilitation of flood-ravaged Jammu and Kashmir (J&K).
It was announced by Union Finance Minister Arun Jaitley in New Delhi. The fund will be used for relief and rehabilitation work. Around 75,000 kacha and pakka houses will also be rebuilt under the grant which were damaged in 2014 floods.
Background

  • In September 2014, continuous unprecedented heavy rainfall had caused Jhelum, Chenab and Tawi rivers and their tributaries to flow above the danger mark.
  • They had flooded the catchment areas, particularly low lying ones for more than two weeks in the state which had severely affected livelihoods and had damaged the basic infrastructure in the state.
  • After the floods Union Government had given 2,602 crore rupees to the state. It included 770 crore rupees from Prime Minister Relief Fund, 1,602 crore rupees was released under State Disaster Relief Fund (SDRF) and National Disaster Relief Fund (NDRF).

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