J&K gets WB loan for flood recovery and rehabilitation

Q.  For which state of India, World Bank has approved $250 Million loan for Flood Recovery Project & reconstruction of flood-affected public infrastructure?
- Published on 18 Jun 15

a. Andhra Pradesh
b. Assam
c. Bihar
d. Jammu & Kashmir

ANSWER: Jammu & Kashmir
 
World Bank has approved 250 million US dollars loan for Jhelum and Tawi Flood Recovery Project for reconstruction of flood-affected public infrastructure in Jammu and Kashmir. The project will be funded by credit from World Bank's concessionary - International Development Association. A continuous spell of rains in September last year had caused Jhelum, Chenab and Tawi rivers, their tributaries and many other streams to flow above the danger mark which had severely affected livelihoods in the state.

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