Trees and houses are partially submerged in floodwaters in this aerial photograph taken in Kainakary village in the district of Alappuzha, Kerala, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Kerala Floods: Centre To Provide More Aid As Per Mechanism, Jaitley Says

Finance Minister Arun Jaitley has said the Rs 600-crore aid extended to Kerala for flood relief was interim in nature and that more funds would be released after assessment of the damage by central teams.

Refusing to respond to certain issues flagged by Kerala ministers, he said yesterday that Rs 500 crore has been provided by the Home Ministry, while Rs 100 crore has been allocated from the Prime Minister's fund.

Also read: Kerala Floods: General Insurers Brace For Rs 1,300-Crore Claim Payout 

He said the aid is interim and more funds would be provided for rehabilitation.

Jaitley asserted that the Centre is working as per the framework provided by the 14th Finance Commission in dealing with natural calamities.

He said insurance companies have been directed to settle claims and banks asked to give loans so that people can rebuild lives.

Kerala had asked for a special package and stated that loss and damage could be much more than its plan outlay of Rs 37,272.90 crore for 2018-19.

Also read: Kerala Floods: State Government Seeks Rs 2,600-Crore Special Package From Centre