Thiruvananthapuram: Chief Minister Pinarayi Vijayan, after a high level meeting here on Monday to discuss the 'rebuild Kerala' initiative in aftermath of the worst-ever floods that hit the state last year, indicated that the World Bank will provide a Rs 3,596 crore loan for rebuilding activities covering various sectors.

He said that the World Bank has, in principle, agreed to this sum, provided that state government also chips in 30 per cent which would work out to be around Rs 1,541 crore.