Kerala had Rs 540 crore in disaster funds a day after tragedy: Centre | India News

Kerala had Rs 540 crore in catastrophe funds a day after tragedy: Centre | India Information

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NEW DELHI: Amid opposition events demanding enhanced central help for Kerala to assist rebuild and rehabilitate Wayanad, govt sources stated the state was already sitting on a corpus of Rs 540 crore in catastrophe funds — Rs 395 crore steadiness in its catastrophe response fund and Rs 145 crore launched by Centre on July 31, a day after the landslides.
Sources stated within the final 5 years, Kerala has obtained Rs 2,225 crore within the state catastrophe response fund (SDRF), which incorporates Rs 1,200 crore as Centre’s share and Rs 450 crore offered by it in direction of catastrophe mitigation.A number of states, together with Kerala, Centre stated, have been discovered lax in initiating catastrophe mitigation tasks that would forestall main lack of lives and properties throughout pure calamities.
A big corpus of the catastrophe funds stays unused yearly, that are then carried ahead within the subsequent 12 months since allocation for catastrophe aid and rescue is a non-lapsable fund. Congress’ Rahul Gandhi had Friday demanded that PM Modi, after his survey of Wayanad, declare it a ‘nationwide catastrophe’.
Centre has already dedicated over Rs 20,550 crore as its share within the whole catastrophe aid funds of Rs 26,842 crore for this 12 months. Within the present monetary 12 months, the best Rs 3,454 crore has been launched to Karnataka for drought aid, sources stated.



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