The World Bank has given a soft loan of one thousand crores rupees to Bihar for rehabilitation work in areas devastated during Kosi deluge in 2008. The loan amount would be spent on construction of one lakh houses for the flood victims.290 Km of rural roads and 90 culverts will also be constructed. Fifty five thousand rupees will be given to each of the flood victims for the construction of their houses.In this regard a tripartite agreements were signed among the state government, the central government and the World Bank at Patna.On this occasion the World Bank President Robert B. Zoellick announced that three thousand five hundred crores would also be given to Bihar to support flood recovery efforts, reduce risks from flooding and boost emergency responses in the event of future disaster.Chief Minister Nitish Kumar said an extraordinary momentum has led to significant developments in several key sectors in the state.