World Bank Funded Jhelum-Tawi Flood Recovery Project launched by Mehbooba Mufti. Chief Minister of Jammu and Kashmir Mehbooba Mufti launched the Jhelum-Tawi Flood Recovery project on November 14, 2016, for which World Bank has funded an amount of US $250 million (Rs. 1,600 crore).The loan assistance from the World Bank would be shared by Centre and the State Government in the ratio 90:10 and it would be operative for five years ending June 2020. Apart from fund flow the loan assistance will also comprise of expertise to handle such projects and the necessary technological advancements as well.J & K CM
iv. The works to be done under the project include construction of roads, bridges, hospitals and other infrastructure projects.
World Bank :
♦ Headquarters: Washington, D.C., United States
♦ CEO : Dr. Jim Yong Kim
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