China announces $1 million assistance for flood-hit Nepal

Reconstruction effort is being undertaken with economic and technical support from the Chinese govt

Nepal floods and landslides
Heavy monsoon rains have unleashed landslides and floods that killed dozens of people in recent days and displaced millions more across northern India, southern Nepal and Bangladesh | Photo: AP/PTI
Press Trust of India Kathmandu
Last Updated : Aug 15 2017 | 5:00 PM IST
China today announced $1 million assistance to flood-hit Nepal as the country's Vice Premier Wang Yang held talks with his Nepalese counterpart on ways to enhance bilateral ties.

Wang made the announcement during the Nepal-China Deputy Prime Minister-level meeting he jointly chaired with Nepal's Deputy Prime Minister Bijay Kumar Gachchhadar.

Another Deputy Prime Minister Krishna Bahadur Mahara, Health Minister Girirajmani Pokharel, secretaries of Nepal's ministries of finance, health and tourism and chiefs of Nepal's Investment Board, National Planning Commission and National Reconstruction Authority also took part in the meeting.

Over 90 people have been killed in rain-triggered floods and landslides in Nepal with over six million people affected by natural calamity.

Meanwhile, the reconstruction of the historic nine-storey palace at the Hanuman Dhoka Durbar Square -- a world heritage site -- that was damaged two years ago in a devastating earthquake -- began today with Mahara and Wang jointly inaugurating the re-bulding works of the 17th century structure.

The reconstruction effort is being undertaken with economic and technical support from the Chinese government.

The Chinese government will complete the reconstruction of the palace in five years at a cost of Rs 150 million, Bhesh Narayan Dahal, chief of Archaeology Department, said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 15 2017 | 4:59 PM IST

Next Story