This information was provided by Chief Minister Mufti Sayeed to the Assembly here today, according to an official press release which came in the form of a clarification.
The clarification was issued after Sayeed told the Assembly that "I have authorised release of Rs 225 crore in favour of Divisional Commissioner, Kashmir and Rs 10 crore in favour of Divisional Commissioner, Jammu and SDRF (State Disaster Relief Fund) for rescue and relief."
The official statement, quoting Sayeed, later said, "Central government has granted Rs 200 crore as immediate relief fund for floods."
Sayeed also said that an NDRF (National Disaster Response Force) team has arrived in the state and it will assist the divisional administration in rescue and relief measures.
The Chief Minister, who has been supervising the efforts of the administration during the whole night, said he has just come back to Jammu from the Valley after a detailed on-the-spot-assessment of the situation particularly preparedness in terms of response to the situation.
"While the water levels are above the danger mark, last three hours have indicated that there is certain receding in these levels. Our administration is doing a remarkable job and I want to assure the House that there is no need to panic, understandably as it might be," he added.