India provides NPR 1.54b to Nepal as reconstruction assistance

The Deputy Chief of Indian Embassy in Nepal Namgya Khampa, handed over cheque equivalent to NPR 1.54 billion to Secretary of Ministry of Finance of Government of Nepal, Sishir Kumar Dhungana, on Tuesday.

The Indian government has provided the amount to Nepal fulfilling their commitment towards post-earthquake reconstruction assistance.

The assistance was provided in order to help post-earthquake reconstruction towards school sector, according to a statement issued by the Indian Embassy, today.

The Indian Embassy of Nepal took to twitter stating, “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.”

The Government of India has committed US$ 150 million in grant and Line of Credit towards housing sector projects and with this handover, India has reimbursed about USD 72 million from grant to GoN for housing sector reconstruction.

The Indian embassy has further stated that ‘India remains committed to continue supporting the people and Government of Nepal in their post-earthquake recovery efforts’.

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