In a major rehabilitation initiative for tsunami-hit states, the Union Cabinet on Wednesday approved a package of Rs 2731.04 crore for the fisheries and housing sectors.
The package constitutes the first phase of measures taken by the Centre and covers Andhra Pradesh, Tamil Nadu, Kerala [ Images ] and Pondicherry, Finance Minister P Chidambaram [ Images ] said.
He added that the government was working out a separate package for Andaman and Nicobar, which would be worked out after the visit of Agriculture Minister Sharad Pawar [ Images ] to the islands on Thursday.
Briefing reporters after a Cabinet meeting chaired by Prime Minister Manmohan Singh [ Images ], Chidambaram said Rs 861.82 crore would be released for immediate relief measures.
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