New Delhi, Jan 6 (Agencies): A Centrally sponsored cyclone risk mitigation scheme would be implemented in Andhra Pradesh and Orissa to minimise the vulnerability to cyclones and make people and infrastructure disaster resilient.

The first phase of the National Cyclone Risk Mitigation Project (NCRMP), which would be implemented at an estimated cost of Rs 1,496.71 crore, was approved at a meeting of the Union Cabinet chaired by Prime Minister Manmohan Singh here on Thursday.

"The project is the first disaster risk mitigation initiative, which would be implemented in the country to reduce loss of life and property in the event of future calamities," an official spokesperson said.
Out of the total amount, the World Bank would provide financial assistance equivalent to Rs 1,198.44 crore and the remaining Rs 298.27 crore given by Andhra Pradesh and Orissa.

The project is expected to benefit 5.60 lakh people in Orissa and over 5.50 lakh people in Andhra Pradesh. It would further help in protection of 38,296 hectares of land in Orissa and about 12,640 hectares of land in Andhra Pradesh.
NCRMP has been conceived for implementation in all the 13 cyclone prone coastal States and Union Territories-Andhra Pradesh, Orissa, Gujarat, Tamil Nadu, West Bengal, Maharashtra, Goa, Karnataka, Kerala, Daman and Diu, Puducherry, Lakshadweep and Andaman and Nicobar Island.

The NCRMP would be implemented in three phases keeping in view the vulnerability of the states and their readiness with investment proposals.