Envisaging a permanent solution of the flood problem, Assam Government has prepared an Action Plan of Rs 86,000 crore. The Plan is proposed to be completed within the next 18-20 years. In its power point presentation before the team of Home Ministry officials during their visit to Assam last week, the State Government officials presented an action plan to arrest the flood damages caused by River Brahmaputra, sources said. The Government of Assam has prepared a long term Action Plan of Rs 86,000 cores to be completed within a period of 18-20 years. This long-term plan proposes construction of a number of balancing, flood moderation reservoirs on important tributaries of River Brahmaputra specially Ranganadi, Dibang, Dihing and Rivers in Barak valley. The presentation was attended by Union Home Minister, Shivraj Patil, Chief Minister, Tarun Gogoi, besides State Revenue and Relief Minister, Dr Bhumidhar Barman, Secretary (Border Management), Jarnail Singh, additional Secretary, National Disaster Management Authority, H S Brahma, on Septermer 14. Sources said the Chief Minister also emphasised the need to undertake the projects to reduce the effects of floods and erosion in the State. Chief Minister informed the Union Home Minister that he proposed to approach a number of multilateral funding agencies like the World Bank, Asian Development Bank and other international funding agencies to raise the whopping amount. The Chief Minister told the Home Ministry team that they have already prepared a tentative estimate of losses of Rs.750 cr required for immediate relief and restoration measures of the current Brahmaputra floods. The Union Home Minister had announced sanction of Rs 500 crore, recognising the gravity of the situation. However, initially Rs.300 crore would be released to the State Government and after full utilization, the balance amount of Rs. 200 crore will be released expeditiously. If Government of Assam requires additional fund, additional amounts could also be released, provided such amounts are spent on mitigation and rebuilding of infrastructures, which were damaged in the floods, Patil committed, sources said. The State Government officials highlighted the issue of severe erosion caused year after year by river Brahmaputra in Assam, including the Majuli Island in Jorhat district of Upper Assam.