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Wednesday 11 December 2019
India In 14 days, funds for Kerala flood relief touch...

In 14 days, funds for Kerala flood relief touch Rs 713.9 crore

New Delhi: At a time when a row has erupted over foreign aid to flood-affected Kerala, the fact is that the State has already generated an equivalent amount through public contribution. According to the latest figures revealed by the State government, the public contribution to Chief Minister’s Disaster Relief Fund (CMDRF) has touched a whopping Rs 713.92 crore.

According to a report in times of India, the contribution was generated within a short span of 14 days. The figure is almost 20% more than the financial assistance offered by the Centre to the flood-affected state. It may be noted that the Central government had announced Rs 500 crore aid to Kerala during Prime Minister Narendra Modi’s visit to the State. The total financial aid extended by the Centre stands at Rs 600 crore.

Meanwhile, it is learnt that the state government is also planning to approach the World Bank for financial assistance. “Kerala government will seek financial aid from World Bank for assisting the flood-affected people and reconstruction of the economy,” State finance department said on Tuesday. Sources, however, told Times Now that the quantum of assistance to be sought from the World Bank has not been finalized yet.

Chief Minister Pinarayi Vijayan had, in his appeal, pegged the loss equivalent to the State budget. Interestingly, out of the Rs 713.92 crore, Rs 132.62 crore were received through banks and UPIs, while a whopping Rs 43 crore was received through PayTM. The Times of India report cited that Rs 20 crore were received via cash, cheques, and demand drafts sent directly to the Chief Minister’s Office (CMO).

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