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India hands over NPR 1.6 billion to Nepal for post-quake reconstruction

ANI  |  Asia 

on Monday handed over NPR 1.6 billion as reimbursement of part payment of the first and second tranches of housing reconstruction in Nuwakot and Gorkha, among the areas affected in the devastating 2015 earthquake.

"The amount has been released towards reimbursement of part payment of first and second tranches of housing reconstruction extended by to 50,000 housing beneficiaries in Nuwakot and Gorkha districts," according to an official statement.

Until now, has reimbursed a total of NPR 4.5 billion to Nepal, the statement added.

The of India to Nepal, Manjeev Singh Puri, handed over the cheque to the of the country, Rajan Khanal, in Nepal's Finance Minister, Yuba Raj Khatiwada, was also present on the occasion.

India is partnering with the (UNDP) and (UNOPS) for providing socio-technical facilitation to the affected house owners to ensure that homes are rebuilt as per the Nepalese Government's earthquake resilient norms.

During the programme, expressed its appreciation for the sustained and generous humanitarian support extended by the for post-earthquake reconstruction.

Thanking the for the partnership, Puri reiterated that India's government, along with its people, remain committed to the completion of post-earthquake reconstruction projects in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 10 2019. 18:55 IST
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