Kerala govt decides to use crowd funding to raise money for rebuilding state
The decision to go in for crowd funding was taken at a cabinet meeting on Wednesday.
The Kerala government Wednesday decided to take the crowd funding route to rebuild the state in the aftermath of the deluge which wrecked havoc last month.
For construction of houses, providing means of livelihood and basic infrastructure, it has been decided to accept sponsorship after imposing certain conditions.
The decision to go in for crowd funding was taken at a cabinet meeting here on the suggestion of KPMG, one of the largest professional service companies in the world, appointed as project consultant partner last month to rebuild the state.
The government also decided to set up a body to implement various projects.
The cabinet meeting was the first one to be chaired by Industries minister EP Jayarajan in the absence of Chief Minister Pinarayi Vijayan, who is away in the USfor medical treatment.
A decision was taken to organise an intensive drive from September 24 to October 2 as part of continuing efforts to clean up the state after the flood ravage, a release said.
Garbage piled up in houses, institutions and in public places would be collected, segregated and re-cycled as part of waste management.
Along with this, rivers, streams and public places would also be cleaned of garbage, the release added.
The rains and subsequent floods, said to be the worst in the last 100 years, had claimed 493 lives since the onset of the South West Monsoon on May 29, besides leaving a trail of destruction that saw nearly 14 lakh people displaced from their homes.
Many houses in Kuttanad in Alapuzha district are still waterlogged.
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