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India grants ₹529.5 crore interest-free loan for Wayanad landslide rehabilitation, facing criticism over terms.
The Indian government has approved a ₹529.5 crore interest-free loan for Wayanad's rehabilitation after landslides.
The loan, intended for 16 projects, must be fully utilized by March 31, a deadline criticized as impractical by both ruling and opposition parties in Kerala.
The Centre's loan instead of a requested grant has sparked political tensions, with critics calling the conditions unfair and impractical.
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La India concede un préstamo sin intereses de 529,5 millones de libras para la rehabilitación de los deslizamientos de tierras de Wayanad, que se enfrenta a críticas por términos.