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India & World Bank signed agreement of US$ 308.40 Million for NCRMP-II

Union Government and World Bank on 11 August 2015 signed 308.40 million US dollar credit agreement in support of the second phase of the National5 Cyclone Risk Mitigation Program (NCRMP-II). The agreement was also signed by the state Governments of Goa, Gujarat, Karnataka, Kerala, Maharashtra, and West Bengal. The agreement was signed by Raj Kumar, Joint Secretary, Department of Economic Affairs on behalf of the Union Government and John Blomquist, Program Leader and Acting Country Director in India, on behalf of the World Bank. The Project Agreements in respect of the States of Goa, Gujarat, Karnataka, Kerala, Maharashtra and West Bengal were signed by the representatives of the respective State Governments.