WASHINGTON, February 21, 2019 – The World Bank Board of Executive Directors today approved financing for the following project:
India: Uttarakhand Disaster Recovery Project Additional Financing
IBRD Loan: US$96 million
Terms: Maturity = 15 years ; Grace period = 5 years
Project ID: P164058
Project Description: The project aims to restore housing, rural connectivity and build resilience of communities in Uttarakhand and increase the technical capacity of the state entities to respond promptly and effectively to an eligible crisis or emergency.