The Indian government on Thursday gave over Rs 1.54 billion to the Nepal government as an aspect of India’s post-earthquake reconstruction commitment.
As per a press explanation gave by the Embassy of India in Kathmandu, Deputy Chief of Mission, Namgya Khampa gave over a check adding up to Rs 1.54 billion to the secretary of the Ministry of Finance of Nepal, Sishir Kumar Dhungana.
Following the super earthquake in Nepal in 2015, the Indian government had submitted US$ 150 million in awards and credit extension toward lodging area ventures. With this handover, India has repaid about USD 72 million in awards to Nepal for lodging area recreation.
Out of the Government of India’s pledge to modify 50,000 houses in Gorkha and Nuwakot areas, the remaking of around 92 percent of the houses has just been finished.
Essentially, the Government of India has likewise dedicated help for the remaking of 70 schools and one library under the US $ 50 million award help. Out of this, the first tranche of USD 4.2 million has been as of now repaid to the Government of Nepal, as indicated by the announcement.