Business

Germany Offers Support to Rebuild Kerala

Sentinel Digital Desk

Thiruvananthapuram: The German government has offered help in the form of grants, loans at low rates of interest and by participating in specific projects to rebuild Kerala which was devastated after the worst ever floods in August, a diplomat said here on Friday.

Addressing the media, Martin Ney, the German Ambassador to India, said Germany was ready to support the state by contributing to the “Rebuild Kerala” initiative. “We have had talks with the Centre and have offered to provide up to Rs 720 crore under low interest loans to promote climate-resilient reconstruction of bridges and roads in Kerala,” Ney said. (IANS)

Also Read: Business News