Industry & Economy
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Natural Calamities
Govt approves Rs 2,731-cr package for tsunami victims
Our Bureau
New Delhi
,
Jan. 19
THE Union Cabinet on Wednesday approved a package of Rs 2,731.04 crore for rehabilitation of the tsunami-hit victims in various areas in Andhra Pradesh, Tamil Nadu and Kerala. The amount is to be used for fisheries and housing the people affected by the tidal waves that ravaged the coastline in December last year.
The package is the first phase of measures taken by the Centre and does not include the Andaman & Nicobar Islands for which a separate package will be announced after the Agriculture Minister, Mr Sharad Pawar, visits the islands on Thursday.
Briefing presspersons after the Cabinet meeting chaired by the Prime Minister, Dr Manmohan Singh, the Finance Minister, Mr P. Chidambaram, said that a sum of Rs 861.82 crore would be released for immediate relief measure. Another Rs 752 crore would be used to construct 1.7 lakh houses for the people who have been displaced.
A special package worth Rs 1,093 crore has been set aside for the fishery sector. "We are talking to the World Bank, the Asian Development Bank and the United Nations for assistance," said Mr Chidambaram.
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