KL News Network
New Delhi
The union government in its “Special Assistance” to state governments, with a view to expediting their completion of area specific Schemes has released Rs 1194.37 crore during 2015-16, for completely or partially damaged houses to J&K government.
According to a statement, during 2016-17, the union government has made a further release of Rs 2207.30 crore to the state of Jammu & Kashmir. This includes Rs.1093.34 for permanent restoration of damaged structure, Rs.313.96 crore for counterpart funding for Asian Development Bank-II loan under EAP projects of J&K Urban Sector Development Investment Programme (JKUSDIP) in order to complete the ongoing projects and Rs.800 crore for interest subvention on assistance for the restoration of livelihood for traders/self employed/business establishments etc. Cumulatively, the Central Government has so far released Rs.3401.67 crore to the State as Special Assistance.
