INDIA BUDGET
Govt to provide aid to Bihar, other states for flood management
This story was originally published at 19:07 IST on 23 July 2024
Register to read our real-time news.Informist, Tuesday, Jul 23, 2024
--To undertake Kosi river-related flood mitigation projects
--Will provide assistance to Assam for flood mgmt
--To give Himachal Pradesh aid for rehabilitation from floods
--To give Himachal Pradesh aid for reconstruction from floods
--Uttarakhand to also get aid for landslides, floods
--Sikkim hit by flash floods last year, Centre to provide aid
--To provide support of 115 bln rupees for irrigation projects
NEW DELHI – The government today said it will provide assistance to Bihar, Assam, Himachal Pradesh, Uttarakhand and Sikkim for flood management and related projects as these states frequently suffer from floods, some of them originating outside the country.
The government plans to provide financial support to Bihar for projects with an estimated cost of 115 bln rupees through the accelerated irrigation benefit programme and other sources, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2024-25 (Apr-Mar) today. The projects include the Kosi-Mechi intra-state link and 20 other ongoing and new schemes such as barrages, river pollution abatement and irrigation projects. "In addition, survey and investigation of Kosi related flood mitigation and irrigation projects will be undertaken," Sitharaman said.
Sitharaman said Assam and Himachal Pradesh suffer from floods every year, and the government will provide assistance to these two states for flood management and related projects. For Himachal Pradesh, Sitharaman further said the Centre will provide aid for reconstruction and rehabilitation through multilateral development assistance.
Uttarakhand and Sikkim will also be given aid for landslides and floods as both states have suffered losses over the past one year. End
Reported by Sayantan Sarkar
Edited by Aditya Sakorkar
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2024. All rights reserved.
To read more please subscribe
Share this Story:
