Multi-lateral lender World Bank approved $250 million loan for Jhelum and Tawi Flood Recovery Project for reconstruction of flood-affected public infrastructure in Jammu & Kashmir. World Bank said that it will also strengthen the capacity of state government to respond and better manage natural disasters in future. The project is funded by credit from World Bank's concessionary - International Development Association (I.D.A). The loan has a maturity of 25 years, including a 5 year grace period. A continuous spell of rains in September 2014 had caused Jhelum, Chenab and Tawi rivers, their tributaries and many other streams to flow above the danger mark which had severely affected livelihoods in the state.