World Bank Funded Jhelum-Tawi Flood Recovery Project launched by Mehbooba Mufti

Posted on:17 Nov 2016 09:27:21

World Bank Funded Jhelum-Tawi Flood Recovery Project launched by Mehbooba Mufti
17 November 2016 Current Affairs GK: Jammu and Kashmir Chief Minister Mehbooba Mufti today formally launched the World Bank funded mega US $250 million Jhelum-Tawi Flood Recovery project which would give a massive push to the reconstruction and rehabilitation of infrastructure post 2014 floods in the State.

The project was conceptualised and pursued by former Chief Minister Mufti Muhammad Sayeed in the aftermath of devastating floods of 2014 and was formally launched today after completion of all formalities.

Mehbooba reminded the jam packed audience of stakeholders that when Sayeed, her father, took over in 2002 as the Chief Minister he rolled out his political and developmental agenda and started working for its implementation and during the same tenure he persuaded and got Asian Development Bank assistance for funding the urban development projects in the State and after taking over in 2015 convinced the World Bank to fund reconstruction of critical developmental infrastructure in the State.

While many countries specialise in one or the other sector she would like investment and expertise flow to the State in critical developmental sectors for achieving this unparallelled feat, she said adding todays launch of the World Bank project is a step in this direction. 

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