Monday, June 10, 2019

India hands over Rs 1.6 billion for reconstruction

The Indian government today handed over Rs 1.6 billion to the Nepal government as reimbursement of part payment of the first and second tranches of reconstruction to 50,000 housing beneficiaries in Nuwakot and Gorkha districts.
Indian ambassador to Nepal Manjiv Singh Puri handed over a cheque to finance secretary Rajan Khanal in the presence of finance minister Dr Yubaraj Khatiwada at a programme organised in the capital. 
India has so far reimbursed a total of Rs 4.5 billion to Nepal, according to a press release issued by the Indian Embassy in Kathmandu. “The Indian government has partnered with the United Nations Development Programme (UNDP) and the United Nations Office for Project Services (UNOPS) for providing socio-technical facilitation to beneficiaries to ensure rebuilding of houses according to the Government of Nepal’s earthquake resilient norms.”
Khanal – after receiving the cheque – expressed appreciation towards the Government of India for India’s sustained and generous humanitarian support extended in post-earthquake reconstruction.
On the occasion, the Indian Ambassador expressed his gratitude to the Nepal Government for the partnership and assured that India will remain committed to the completion of Nepal’s earthquake reconstruction activity.
Earlier in February 2016, Nepal and India also signed a Memorandum of Understanding (MoU) worth $100 million for the reconstruction of 50,000 private houses in the aforementioned districts.

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