+
Manipur Gets Rs 1.53 Bn Aid After 2024 Hailstorm
ECONOMY & POLICY

Manipur Gets Rs 1.53 Bn Aid After 2024 Hailstorm

A High-Level Committee (HLC) chaired by Union Home Minister and Minister of Cooperation Shri Amit Shah has approved Rs 1.53 billion in additional central assistance to Manipur, which was affected by a severe hailstorm in 2024. The financial aid will be provided through the National Disaster Response Fund (NDRF) and is subject to a 50 per cent adjustment from the opening balance of the State Disaster Response Fund (SDRF) for the year.

This assistance is part of the Government of India’s ongoing commitment under the leadership of Prime Minister Shri Narendra Modi to support state governments during natural disasters and extreme weather events.

The approved relief is in addition to earlier central releases through SDRF allocations already placed at the disposal of various states.

During the financial year 2024–25, the central government disbursed:
  • Rs 202.64 billion to 28 states under SDRF,
  • Rs 51.61 billion to 19 states under NDRF,
  • Rs 49.84 billion from the State Disaster Mitigation Fund (SDMF) to 19 states, and
  • Rs 7.20 billion from the National Disaster Mitigation Fund (NDMF) to eight states.
  • In the ongoing financial year 2025–26, the Centre has already released:
  • Rs 8.96 billion to one state under SDRF, and
  • Rs 9.30 billion under NDRF to seven states.
This structured support ensures that states have timely access to emergency funds, enabling them to manage relief efforts effectively and rebuild critical infrastructure after natural calamities.

A High-Level Committee (HLC) chaired by Union Home Minister and Minister of Cooperation Shri Amit Shah has approved Rs 1.53 billion in additional central assistance to Manipur, which was affected by a severe hailstorm in 2024. The financial aid will be provided through the National Disaster Response Fund (NDRF) and is subject to a 50 per cent adjustment from the opening balance of the State Disaster Response Fund (SDRF) for the year.This assistance is part of the Government of India’s ongoing commitment under the leadership of Prime Minister Shri Narendra Modi to support state governments during natural disasters and extreme weather events.The approved relief is in addition to earlier central releases through SDRF allocations already placed at the disposal of various states.During the financial year 2024–25, the central government disbursed:Rs 202.64 billion to 28 states under SDRF,Rs 51.61 billion to 19 states under NDRF,Rs 49.84 billion from the State Disaster Mitigation Fund (SDMF) to 19 states, andRs 7.20 billion from the National Disaster Mitigation Fund (NDMF) to eight states.In the ongoing financial year 2025–26, the Centre has already released:Rs 8.96 billion to one state under SDRF, andRs 9.30 billion under NDRF to seven states.This structured support ensures that states have timely access to emergency funds, enabling them to manage relief efforts effectively and rebuild critical infrastructure after natural calamities.

Next Story
Infrastructure Energy

Bihar Launches Rs 53.4 Billion Green Energy Plan

The Bihar government has taken a major stride towards clean energy with the launch of two new policies and the signing of agreements totalling Rs 53.4 billion. These initiatives aim to generate 2,357 megawatts (MW) of renewable energy through solar, wind, battery storage, and other sustainable technologies.The Bihar Renewable Energy Policy 2025 and the Pump Storage Policy 2025 were officially introduced at an event in Patna. Designed to attract significant investment, the policies seek to position Bihar as a key centre for clean energy projects. Energy Minister Bijendra Prasad Yadav stated tha..

Next Story
Infrastructure Transport

Bids Invited for Rs 62.5 Billion Vizag Metro Project

The long-anticipated Visakhapatnam Metro Project has made significant progress, with the Andhra Pradesh Metro Rail Corporation inviting bids for the first civil contract under Phase 1 of the Vizag Metro. The estimated cost of this contract is Rs 62.5 billion.This engineering, procurement and construction (EPC) contract covers the design and construction of a 46.23 km viaduct spanning three corridors, including a 20.16 km double-decker four-lane flyover cum metro viaduct. The project also comprises 42 elevated metro stations across Visakhapatnam.Recently, SYSTRA Consultancy signed a Memorandum ..

Next Story
Real Estate

Oberoi Realty to Buy Hotel Horizon for Rs 9.19 Billion

A consortium led by Mumbai-listed Oberoi Realty Ltd is set to acquire debt-laden Hotel Horizon Pvt Ltd in Juhu, Mumbai for Rs 9.19 billion (approximately USD 107 million) under a resolution plan approved through India’s Insolvency and Bankruptcy Code (IBC).In a filing to the stock exchange, Oberoi Realty confirmed that the Committee of Creditors of Hotel Horizon had approved the resolution plan, following which a letter of intent was issued. The consortium also includes Shree Naman Developers and JM Financial Properties.As per the resolution plan, the consortium will make a payment of Rs 9.1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?