Sikkim declared disaster affected state

PTI
Gangtok, Nov 30 :PTI: Sikkim has been officially declared as a 'Disaster Affected State' by the government to avail soft loans and other facilities from banks, official sources said today. It was also to source funds from international funding agencies such as the Asian Development Bank and the World Bank, the sources said. Banks and international agencies had been approached by the state government for rebuilding efforts following the large-scale damages to infrastructure during the earthquake of September 18, they said. This is a requirement stipulated as per the Reserve Bank of India guidelines. The notification was issued on November 21, the sources said.