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| JTFRP integrated with J&K ERA | | | SRINAGAR: The SAC which met here today under the chairmanship of Governor accorded sanction to the proposal of the Planning, Development & Monitoring Department (PD&MD) to integrate the 'Jhelum Tawi Flood Recovery Project' (JTFRP) as a Project (unit) with the J&K Economic Reconstruction Agency (ERA) and authorized ERA to make such consequential changes in the processes or structures as may be necessitated by the integration and also to enter into any correspondence or discussions with the Department of Economic Affairs (DEA) of the Union Ministry of Finance and the World Bank, as may be required. In the aftermath of devastating floods of September 2014, the Project 'Jhelum & Tawi Flood Recovery Project' (JTFRP) was sanctioned by the World Bank for an amount of 250 million US Dollars. The society (J&K ERA) was constituted as a Special Purpose Vehicle for Implementation of Externally Aided Projects within the territorial limits of the state as its operational areas.
The agency works under the guidance and supervision of a Board of Governors headed by the Governor. |
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