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PM Modi announces Rs 2,350 cr for NE to fight floods

Flood-hit Assam to get Rs 250 cr on an immediate basis

Press Trust of India  |  Guwahati 

narendra, modi, PM
Prime Minister Narendra Modi at the Assam Administrative Staff College, Khanapara, for a flood review meeting, in Guwahati on Tuesday. (Photo: PTI)

Prime Minister on Tuesday announced a total package of Rs 2,350 crore for all north eastern states for mitigating the impact of in short and long term basis.

Modi is on a day-long visit to Guwahati where he will meet the chief ministers of Assam, Arunachal Pradesh, and and with respective Cabinets to take stock of the latest flood situation.

"The prime minister today announced Rs 2,350 crore total flood package for the north eastern states,"Finance Minister Himanta Biswa Sarma told reporters here.

Giving a breakup, Sarma said, "The prime minister has announced a special package of Rs 2,000 crore for all the north eastern states for and of flood damage."

The exact share of different states will be worked out in coming days and will be announced accordingly, he added.

In addition to that, the Prime Minister has announced a Rs 100 crore corpus for setting up a research project to study the Brahmaputra and its role in creating devastating flood, Sarma said.

"This project will have a high power committee comprising scientists, researchers, engineers. They will study the river and suggest remedies to tackle This will be long term project," he added.

Regarding Assam, the state finance minister said the prime minister announced the release of Rs 250 crore immediately to carry out and

"The prime minister had released Rs 300 crore in June. The Rs 250 crore announced today (Tuesday) was in addition to the amount released in June," Sarma said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, August 02 2017. 02:26 IST