High-Level Committee approves the Recovery and Reconstruction (R&R) plan of Rs. 1658.17 crore for Joshimath- (Pension Fund Regulatory and Development Authority) (30 Nov 2023)

MANU/PIBU/3482/2023

Commercial

Under the leadership of the Prime Minister Shri Narendra Modi, all technical agencies under the guidance of NDMA were put into action and they helped the State Government in preparing the recovery plan for Joshimath expeditiously.

Joshimath in Uttarakhand has been affected by landslide and ground subsidence and the Central Government has extended all necessary technical and logistical support to the State Government.

The High-Level Committee, under the chairmanship of Union Home Minister and Minister of Cooperation, Shri Amit Shah, approved the Recovery and Reconstruction (R&R) plan of Rs. 1658.17 crore for Joshimath. Under this R&R Plan, Rs. 1079.96 crore of Central assistance will be provided from the Recovery and Reconstruction window of the National Disaster Response Fund (NDRF). The State Government will provide Rs. 126.41 crore from its State Disaster Response Fund (SDRF) towards relief assistance and will provide Rs. 451.80 crore from its State budget, including land acquisition cost for resettlement of Rs. 91.82 crore.

Joshimath, in the State of Uttarakhand, has been affected by landslide and ground subsidence and the Central Government has extended all necessary technical and logistical support to the State Government. Under the leadership of the Prime Minister Shri Narendra Modi, all technical agencies under the guidance of the National Disaster Management Authority (NDMA) were put into action and they helped the State Government in preparing the recovery plan for Joshimath expeditiously.

The recovery plan for Joshimath would be implemented in three years, following the best practices, Build Back Better (BBB) principles, sustainability initiatives. Thereafter, Joshimath will emerge as an excellent example of ecological sustainability.

Tags : COMMITTEE APPROVAL RECONSTRUCTION PLAN