Nepal | October 22, 2020

India provides NPR 1.54b to Nepal as reconstruction assistance

THT Online
Share Now:

KATHMANDU: The Government of India has provided NPR 1.54 billion to Nepal Government further fulfilling commitment towards post-earthquake reconstruction assistance.

Deputy Chief of Mission at the Indian Embassy in Nepal Namgya Khampa, handed over cheques amounting to NPR 1.54 billion to Sishir Kumar Dhungana, Secretary of Ministry of Finance of Government of Nepal, on September 22.

The assistance was provided towards housing & school sector assistance under Government of India’s post-earthquake reconstruction commitment, according to a statement issued by the Indian Embassy, today.

Read the full statement, here.

The GoI has committed US$ 150 million in grant and Line of Credit towards housing sector projects and with this handover, India has reimbursed about USD 72 million from grant to GoN for housing sector reconstruction.

The Indian embassy has further stated that India remains committed to continue supporting the people and Government of Nepal in their post-earthquake recovery efforts.


Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Seven persons made public for murdering two police personnel in Kailali

DHANGADHI: Police have charged seven persons in connection with murder of two police personnel in Kailali district, on Tuesday. They were apprehended for murdering Assistant Sub Inspector (ASI) Govinda BK, In-charge of Jugeda temporary police beat, and police constable Ram Bahadur Saud. Polic Read More...

Pictures: Bouddhanath, which is usually overwhelmed by spectators, becomes one as an aircraft flies by

KATHMANDU, OCTOBER 21 An aircraft is pictured against the backdrop of Bouddhanath Stupa, a UNESCO World Heritage Site, as it takes off from Tribhuvan International Airport in Kathmandu on Tuesday. The Stupa was overwhelmed with spectators during pre-Covid times. Seen in another picture are two Read More...

US spacecraft touches asteroid surface for rare rubble grab

CAPE CANAVERAL: A NASA spacecraft descended to an asteroid Tuesday and, dodging boulders the size of buildings, momentarily touched the surface to collect a handful of cosmic rubble for return to Earth. It was a first for the United States — only Japan has scored asteroid samples. “Tou Read More...

Harry and Meghan decry 'crisis of hate' in social media

LOS ANGELES: Britain’s Prince Harry and his wife, Meghan, spoke on Tuesday about their campaign against social media negativity, with Harry warning of a “global crisis of hate” that was affecting people’s mental health. The couple, known officially as the Duke and Duchess of Sussex, led an Read More...

No-confidence motion against Karnali chief minister to be withdrawn

KATHMANDU, OCTOBER 20 Co-chairs of the ruling Nepal Communist Party (NCP) KP Sharma Oli and Pushpa Kamal Dahal today reached a four-point deal to settle intra-party dispute in Karnali Province which resulted in a no-trust motion against Chief Minister Mahendra Bahadur Shahi. According to Oli Read More...

UK to infect healthy volunteers in vaccine research trial

LONDON: Danica Marcos wants to be infected with COVID-19. While other people are wearing masks and staying home to avoid the disease, the 22-year-old Londoner has volunteered to contract the new coronavirus as part of a controversial study that hopes to speed development of a vaccine. Marcos a Read More...

Govt told to respect citizens’ right to health services

KATHMANDU, OCTOBER 20 The National Human Rights Commission has taken a serious note of the decision of the Government of Nepal to deny free medical treatment to COVID-19 patients and to hold concerned families responsible for managing the bodies of their members, who succumbed to the contagion. Read More...

Rashford strikes late as United sink PSG again

PARIS: Manchester United got their Champions League campaign underway in emphatic style when Marcus Rashford's late goal earned them a 2-1 victory at Paris St Germain on Tuesday, handing the French champions their first group-stage home defeat in 16 years. Rashford netted three minutes Read More...