India provides NRs 1.54 billion to Nepal for post-earthquake reconstruction support
८ आश्विन २०७७, बिहीबार २१:०५
Kathmandu, 23 September 2020 | Ms. Namgya Khampa, Deputy Chief of Mission handed over cheques amounting to NPR 1.54 billion to Mr. Sishir Kumar Dhungana, Secretary, Ministry of Finance of Government of Nepal towards post-earthquake reconstruction assistance.
On 22nd September 2020, Ms. Namgya Khampa, Deputy Chief of Mission of Embassy of India, handed over cheques worth NPR 1.54 billion (about INR 96 crore) to Mr. Sishir Kumar Dhungana, Secretary, Ministry of Finance of Nepal towards housing & school sector assistance under Government of India’s post-earthquake reconstruction commitment.
Ms. Namgya Khampa, Deputy Chief of Mission handed over cheques amounting to NPR 1.54 billion to Mr. Sishir Kumar Dhungana, Secretary, Ministry of Finance of Government of Nepal towards post-earthquake reconstruction assistance. Details at: https://t.co/URwgnuVEpF pic.twitter.com/0PlM89e87H
— IndiaInNepal (@IndiaInNepal) September 24, 2020
India has committed US$ 150 million in grant and Line of Credit towards housing sector projects supported by the Government of India. With this handover, India has reimbursed about USD 72 million from grants to the Government of Nepal for housing sector reconstruction. Out of the Government of India’s commitment to rebuilding 50,000 houses in Gorkha and Nuwakot districts, 92% of the houses have been completed.
Similarly, the Government of India has committed support for the reconstruction of 70 schools and 1 library under US$ 50 million grant assistance. Out of this, the first tranche of USD 4.2 million for ongoing schools was reimbursed to the Government of Nepal.
The government of India remains committed to continue supporting the people and the Government of Nepal in their post-earthquake recovery efforts.
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