Tuesday 27th October 2020

Nepal Receives NPR 1.54 Bn ‘Post-earthquake Assistance’ From India!

So far, India has reimbursed around USD 72 million in grants to Nepal for housing sector reconstruction.
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Nepal Receives NPR 1.54 Bn ‘Post-earthquake Assistance’ From India!

As a part of its commitment towards assistance and rehabilitation after the deadly earthquake in 2015, the Indian Government has provided NPR 1.54 billion to Nepal on Thursday.

Namgyal Khampa, the Deputy Chief of Mission at the Indian Embassy in Kathmandu, handed over the NPR 1.54 billion worth cheque to Sishir Kumar Dhungana, Secretary of the Ministry of Finance of Nepal.

After the devastating earthquake that struck Nepal in 2015, which killed over 9,000 people and damaged 800,000 houses, the Indian Government has come forward to provide USD 150 billion in grants and line of credit to reconstruct houses and educational institutions.

Nepal Receives NPR 1.54 Bn ‘Post-earthquake Assistance’

So far, India has reimbursed around USD 72 million in grants to Nepal for housing sector reconstruction.

Also Read: Nepal Earthquake Reconstruction: 400,000 Houses Completed

“India has expressed commitment to help rebuild 50,000 private houses in Gorkha and Nuwakot districts, which were destroyed due to the 2015 great earthquake. Of them, 92% of construction works have already been completed,” said the Indian Embassy.

“India remains committed to continuing supporting the people and Government of Nepal in their post-earthquake recovery efforts,” it added.

Government of Nepal

Moreover, the Indian Government has also committed USD 50 million in grants to reconstruct 70 schools and one library.  So far, the Nepali Government has received USD 4.2 million.

Also Read: Nepal Earthquake Reconstruction India Grants NPR 1.6 Bn Aid for 50,000 Damaged Homes

Earlier, the Indian Government had also partnered with the United Nations Development Programme and the United Nations Office for Project Services to help the house owners rebuild their homes as per the earthquake-resilient norms.

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