Bihar seeks Centre's nod to issue bonds
Bihar government has sought the Centre's permission for issuing bonds worth Rs 2,000 crore for reconstruction of infrastructure damaged due to the 'unprecedented' floods this year.
By PTI |
PATNA: Bihar government has sought the Centre's permission for issuing bonds worth Rs 2,000 crore for reconstruction of infrastructure damaged due to the 'unprecedented' floods this year.
Chief Minister Nitish Kumar today said he met Prime Minister Manmohan Singh in Delhi on Sunday and sought permission for issuing the bonds. Several organisations were ready to subscribe to them.
Kumar, who was speaking after distributing cheques totalling Rs 20 lakh among 936 farmers as input subsidy at Rajopur in Begusarai district, said he had also sought a special economic package of Rs 18,000 crore for infrastructure building.
He told the gathering that proposals of Rs 11,000 crore for inter-linking and deepening of river beds, reconstruction of roads, bridges and culverts had already been submitted to the Centre and he had requested the Singh to constitute a special group at the PMO for speedy clearance.
To find a lasting solution to recurrent floods the prime minister had been requested to intervene and get high dams constructed on rivers originating from Nepal.
Kumar said 2.1 crore people were affected and Rs 170 crore spent on relief distribution during 2004 floods, while this time a population of 2.5 crore was hit by the deluge and the government had so far spent over Rs 1,300 crore on relief.
The quantity of foodgrain made available to each flood-hit family was hiked to 100 kg from 25 kg. Besides they were also given Rs 250 in cash.
The government gave a compensation of Rs 1.5 lakh to the families of each of those killed in the floods, he added.
Chief Minister Nitish Kumar today said he met Prime Minister Manmohan Singh in Delhi on Sunday and sought permission for issuing the bonds. Several organisations were ready to subscribe to them.
Kumar, who was speaking after distributing cheques totalling Rs 20 lakh among 936 farmers as input subsidy at Rajopur in Begusarai district, said he had also sought a special economic package of Rs 18,000 crore for infrastructure building.
He told the gathering that proposals of Rs 11,000 crore for inter-linking and deepening of river beds, reconstruction of roads, bridges and culverts had already been submitted to the Centre and he had requested the Singh to constitute a special group at the PMO for speedy clearance.
To find a lasting solution to recurrent floods the prime minister had been requested to intervene and get high dams constructed on rivers originating from Nepal.
Kumar said 2.1 crore people were affected and Rs 170 crore spent on relief distribution during 2004 floods, while this time a population of 2.5 crore was hit by the deluge and the government had so far spent over Rs 1,300 crore on relief.
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The quantity of foodgrain made available to each flood-hit family was hiked to 100 kg from 25 kg. Besides they were also given Rs 250 in cash.
The government gave a compensation of Rs 1.5 lakh to the families of each of those killed in the floods, he added.
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