According to the Ministry of Finance, the procedure is intended to cover the reconstruction of public structures, economic revival and relief.
A separate fund will be set up for the reconstruction of structures damaged during the demonstration on August 23 and 24. During the reinstatement of the Ministry of Urban Development, Minister Kulman Ghisingh made the first decision to establish a 'crowd fund' for the construction of damaged structures.
In this context, the Ministry of Finance is making procedures. The Ministry has informed that a procedure is being prepared to be introduced in the next Council of Ministers. According to sources in the Ministry of Finance, the procedures are intended to cover the reconstruction of public structures, economic revival and relief. Tank Prasad Pandey, Joint Secretary and Spokesperson of the Ministry of Finance, said that the procedure is being finalised.
'Procedures are being prepared,' Pandey said, 'How to get the resources from where will also be mentioned.' Various individuals and organizations are submitting funds to the concerned district administration office for reconstruction.
Some are announcing the amount of support through social media . So far, those who want to help are confused as there has not been an official fund to collect money from the government mechanism . Public buildings have been heavily damaged by arson and vandalism. The biggest damage was done in Singha Darbar, Supreme Court, Parliament Building, Minister's Residence, Road Department, Police Station etc. .
The new physical structures that have been built and handed over by the builders have also suffered major damage. Ravi Singh, the president of the Federation of Nepal Construction Professionals, said that there has been a lot of damage to the building infrastructure. "There is a lot of damage to the building structure from the local level to the union," he said, "There is more damage to the police buildings, we estimate that the damage is more than 1 billion."
