The World Bank today announced an additional 100 million dollars in emergency grant fund to Haiti for recovery and reconstruction efforts. The Caribbean nation was rocked by a devastating earthquake on Tuesday. <br/><br/>World Bank President Robert B Zoellick said in Washington that they are mobilising significant financial assistance and sending a team to help assess damage and reconstruction needs. Besides new initiatives, the World Bank may use its existing projects in Haiti, including education and community-driven development for quick and effective relief. <br/><br/>The World Bank is also planning to provide seed resources to establish the Haiti Reconstruction Fund, a multi-donor trust, to mobilise international support for reconstruction process, it said. Earlier in the day, the International Monetary Fund said it is ready to assist Haiti.<br/><br/>Several countries have dispatched their rescue teams to Haiti to begin the search operations for those who are still buried under the rubble of collapsed buildings following a devastating quake.<br/><br/>The United Nations Peacekeeping Mission in Haiti (MINUSTAH) has appealed for immediate assistance and the UN in New York will issue a flash appeal for aid in the coming days.<br/><br/>UN peacekeeping Chief Alain Le Roy said the Chinese team will reach the Caribbean country shortly.<br/><br/>The top UN official on humanitarian affairs John Holmes told journalists that two US teams were also expected to reach the country in a few hours.<br/><br/>Other countries, including France, Iceland and Dominican Republic are also sending their help and rescue teams.<br/><br/>An earthquake of 7.3-magnitude rocked the Caribbean nation of Haiti on Tuesday and damaged presidential palace besides other government buildings in the country's capital Port-au-Prince.<br/><br/>The country's prime minister warned the death toll may top 100,000 in a calamitous quake which left streets strewn with corpses and thousands missing in a scene of utter carnage.<br/><br/> The UN World Food Programme is airlifting an additional 86 metric tonnes of food from its emergency hub in El Salvador, including energy biscuits, to sustain thousands of people over seven days.<br/><br/>The UN has already released USD 10 million in emergency aid.<br/><br/>President Obama has described as heartbreaking the plight of those affected by what he called cruel and incomprehensible tragedy. He offered Haiti the unwavering support of the American people. He said he has directed his Administration to respond with a swift, coordinated and aggressive effort to save lives. <br/><br/>He said the people of Haiti would have support of the American people in the urgent effort to rescue those trapped beneath the rubble and to deliver the humanitarian relief – food, water and medicine – that Haitians need in coming days.<br/><br/>All Indians in Haiti are reportedly safe.