scorecardresearch
Follow Us:
Saturday, May 15, 2021

Karnataka firms commit Rs 100 cr for flood relief

The state government’s efforts to get corporate entities to fund its flood relief efforts in north Karnataka has got impetus with a few information technology and biotech companies....

Written by Johnson TA | Bangalore |
October 13, 2009 12:55:22 am

The state government’s efforts to get corporate entities to fund its flood relief efforts in north Karnataka has got impetus with a few information technology and biotech companies committing Rs 100 crore for the reconstruction of 10,000 house destroyed in the floods.

Chief Minister B S Yeddyurappa announced on Monday that global networking giants Cisco has handed over a cheque for Rs 40 crore for the construction of 4,000 houses while Infosys and Biocon have committed Rs 30 crore each for constructing 3,000 homes each.

“The places where the houses are to be built will be decided in four to five days. We will set in motion the process of acquiring land and facilitating construction at the earliest. Deputy commissioners have been asked to identify land,” the CM said.

Corporate contributions for the flood relief have come after the CM called a meeting of representatives of prominent companies and later called on top executives of some of the firms. The CM,who held a meeting of ministers and bureaucrats involved with relief and rehabilitation work,said his government would distribute the first relief cheques for damaged properties and agricultural crops before Diwali. “We are trying to start distribution of compensation from today at the rate of Rs 35,000 for pucca homes and Rs 10,000 for kuccha homes damaged in the floods,” he said. Over two lakh houses were destroyed in the floods in north Karnataka between September 28 and October 4 and,killed 226 people,according to the government.

The state has released Rs 500 crore and orders are being issued to release another Rs 500 crore to provide compensation for agricultural losses, Yeddyurappa said.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest News Archive News, download Indian Express App.

  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
Advertisement
Advertisement
Advertisement
Advertisement
x