April 2006 News

Savings Scheme Funds For Reconstruction Of Quake-hit J&K

13 April 2006

Srinagar: The Jammu and Kashmir government has taken up development works in Kupawara district, which was hit by a devastating earthquake last year, utilising Rs 66.65 lakh from a national savings programme. The amount from the Rashtriya Savings Vikas Yojana would be spent on various developmental activities in the area through 20 different projects, an official spokesman said today. Irrigation and flood control schemes would draw the maximum amount of Rs 60.43 lakh through 12 different projects, he said, adding that three of the 12 projects have already been completed at a cost of Rs 21.49 lakh. Out of the total expenditure, Rs 6.22 lakh has been allocated to renovation and re-construction of different government buildings damaged by the quake on October 8 last year. The state government has already spent Rs 25.43 lakh under the scheme in the district during the last fiscal, he said.


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