Wednesday October 24, 2018
Home India Gogoi to ask ...

Gogoi to ask Centre for Rs.500 crore over flood damage

0
//
32
Republish
Reprint

Guwahati: Assam will seek financial assistance of Rs.500 crore from the central government to repair the damage caused by the current wave of floods that has affected 18 districts in the state and over 6.5 lakh people, Chief Minister Tarun Gogoi said on Monday. He said the flood situation has been improving in the state gradually. “As of now, 1,071 villages in 14 districts are reeling under floods… flood waters have started receding in most of the places,” Gogoi told newsmen on Monday.

assam-flood-pti_650x400_71440336213
www.firstpost.com

Stating that Assam received 20 percent excess rainfall in the last few weeks, he said 2.13 lakh people were still living in 296 relief camps set up in six worst-affected districts. “The inmates of the relief camps are likely to move to their homes soon. The meteorological department has forecast moderate to light rain in the days to come, which will improve the situation. Once the situation improves, the relief camp inmates will leave for their houses,” he said. “We are going to ask the central government to release funds for flood devastation to the tune of Rs.500 crore. This will be for immediate relief to meet the expenses to be incurred while repairing damaged roads, bridges and breaches in embankments,” he said.

(IANS)

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

RBI To Transfer 50,000cr Surplus To The Central Government

The Reserve Bank's income comprises of earnings from foreign and domestic sources, with the major portion being contributed by interest receipts, complemented by relatively small amounts of income from discount, exchange, commission, etc.

0
Reserve Bank of India. VOA

The Reserve Bank of India (RBI) on Wednesday said that it will transfer Rs 50,000 crore as surplus to the central government for the year ended June 30, 2018.

The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government’s coffers for the year ended June 30, 2017.

According to RBI, the decision to transfer the surplus was taken by its Central Board which met here on Wednesday.

The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government's coffers for the year ended June 30, 2017.
The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government’s coffers for the year ended June 30, 2017.

The Reserve Bank’s income comprises of earnings from foreign and domestic sources, with the major portion being contributed by interest receipts, complemented by relatively small amounts of income from discount, exchange, commission, etc.

Also Read: RBI Penalty not to have any material impact: IDBI Bank

The RBI Act stipulates that after making provisions for contingencies and corpus funds as defined therein, the balance profit of the apex bank is to be transferred to the central government. (IANS)

Next Story