Mehbooba Mufti, Chief Minister of Jammu & Kashmir, on 14 November 2016 formally launched the World Bank-funded Jhelum-Tawi flood recovery project in Srinagar.
The project seeks reconstruction and rehabilitation of infrastructure post-2014 floods in the state.
About the Jhelum-Tawi Flood Recovery Project
• The project was conceptualised and pursued by former Chief Minister Mufti Muhammad Sayeed in the aftermath of devastating floods of 2014 in the state.
• In January 2016, the Government of Indian and the World Bank had signed a 250 million US dollar credit agreement under the Jhelum and Tawi Flood Recovery Project.
• The project is funded by credit from the International Development Association, the World Bank’s concessionary lending arm, with a maturity of 25 years, including a 5 year grace period.
• The project aims at reconstructing and recovering support in flood-affected areas in which public infrastructure and livelihoods were impacted severely.
• The project also focuses on restoring critical infrastructure disrupted by the floods using international best practice.
• The infrastructure will be designed to improve resilience to future flooding and landslide, as well as seismic risk.
• It will focus on the 20 flood-affected districts in the state. They are Anantnag, Baramula, Budgam, Bandipora, Ganderbal, Kupwara, Kulgam, Pulwama, Shopian, Srinagar, Jammu, Samba, Kathua, Reasi, Doda, Kishtwar, Ramban, Poonch, Rajauri and Udhampur.
• Apart from reconstruction, the project will focus on disaster risk mitigation.
When: 14 November 2016