Government announces RS. 745 Crore Package for J & K

PM Modi visited J&K on the occasion of Diwali to review the relief and rehabilitation efforts. In a press release he stated that ‘good governance, quick restoration of public infrastructure, revival of economic activity and creation of a conducive environment for bringing tourists to the state’ was the key to bringing back normalcy to J&K.
This is the PM’s second visit to J&K since it was affected by the floods.

Details of the Package

The Prime Minister has announced a Rs. 745 cr package to support the ongoing rehabilitation and renovation efforts in flood-hit J&K. vThe 745 cr package will be utilized for renovation of houses and six major hospitals which were damaged by the floods in J&K. Of this, 570 cr will be set aside for renovation of houses while the remaining 175 cr will be used for the immediate renovation work of the hospitals. This 175 cr will also cover costs for procurement of new equipments and machines for the hospitals.
The J&K government has been pressing for a Rs. 44,000 cr package.
Earlier, PM Modi had announced a Rs. 1,000 cr special assistance package for rehabilitation of the flood victims.

Constitution of Expert Committee

An expert committee under the Prime Minister’s Office has been constituted to oversee the rehabilitation and reconstruction efforts in J&K. The expert committee shall comprise of town planners, structural engineers, civil engineers, hydrologists, geologists, flood control experts and economists. These persons will be given the task of formulating and implementing a rehabilitation and reconstruction programme within a time frame and they will work directly under the PM.

Month: Current Affairs - October, 2014