In order to provide sufficient fund to the state of Uttarakhand, the ministry of finance, government of India has decided to seek external assistance from Multilateral Development Banks (MBD) like Asian Development Bank (ABD) and the World Bank. Shri Shaktikanta Das, Additional secretary, department of economic affairs, ministry of finance ,who will led the joint mission of World Bank and ADB, will shortly visit Uttarakhand to assess the needs of the state and to firm up project proposals for long term recovery of the state.
ADB and World Bank have been requested to fast track the process of project preparation and approval. Both of them have been assured their full co operation .Funds will be utilized for reconstruction and rebuilding of infrastructure of the state of Uttarakhand