A special session of the Kerala assembly will be held today to discuss the aftermath of the flood and reconstruction challenges before the state.
The state cabinet has asked all departments to come up with action plans for reconstruction efforts. Meanwhile the centre has said that it would favourably consider the state’s demand to enhance borrowing limit and sought permission to impose a cess of 10 per cent on state GST. A central team would again visit Kerala to assess the damage and a decision on the assistance would be made after its report.
Chief Minister Pinarayi Vijayan held discussions with World Bank officials and said their help was necessary to rebuild the state. The losses pegged exceed 20 thousand crore rupees.
Banks in Kerala have decided to reschedule repayment of loans of the rain-hit people. The National Housing Bank will provide 200 crore rupees of re-finance at concessional rate for construction and repair of damaged homes. The Kerala High court also sought the state government’s view on the possibility of setting up a separate fund for carrying out flood-relief operations.
In a significant indication of life returning to normal after the torrential rains, schools and colleges reopened on Wednesday. The Cochin International Airport, which remained shut for two weeks also began operations.