Infrastructure,Infrastructure sector projects by Public Works Department in
Project Information
5526
Public Works Department
India And The World Bank Today Signed The Loan Agreements For World Bank (IDA) Assistance Of $ 250 Million For The Uttarakhand Disaster Recovery Project.
The Loan Agreement Was Signed Here By Mr Nilaya Mitash, Joint Secretary, Department Of Economic Affairs, Ministry Of Finance On Behalf Of The Government Of India And Mr Onno Ruhl, Country Director (India) Of World Bank On Behalf Of The World Bank.
The Project Agreement Was Also Signed By Mr Rakesh Sharma, Additional Chief Secretary, Uttarakhand On Behalf Of The Government Of Uttarakhand.
An Official Press Release Said The Objective Of The Project Was To Restore Housing, Rural Connectivity And Build Resilience Of Communities In Uttarakhand And Increase The Technical Capacity Of The State Entities To Respond Promptly And Effectively To An Eligible Crisis Or Emergency.
The Primary Beneficiaries Of The Project Would Be The Communities In The State That Would Benefit From The Restoration Of Housing, Rural Connectivity, And Risk Mitigation Infrastructures. By Strengthening Disaster Risk Management Systems And Institutions, The Project Has The Potential To Benefit The Entire State Of Uttarakhand.
The Project Will Have Six Components Which Are (I) Resilient Infrastructure Reconstruction, (Ii) Rural Road Connectivity, (Iii) Technical Assistance And Capacity Building For Disaster Risk Management, (Iv) Financing Disaster Response Expenses, (V) Project Implementation Support, And (Vi) Contingency Emergency Response.
Project Value
INR 1552 Crore /-
Financial Closure Achieved
Uttarakhand
India
Infrastructure,Infrastructure
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