Last Sunday's Council of Ministers meeting decided to issue the Physical Infrastructure Reconstruction Committee (Formation) Order, 2082 with the aim of making the work related to reconstruction and repair, economic revival, relief and rehabilitation immediate and effective by arranging resources.
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The government has requested everyone to provide necessary financial support for the reconstruction of the public and government physical structures that were damaged by the August 23 and 24 protests.
In order to organize the resources and make the work related to reconstruction and repair, economic revival, relief and rehabilitation immediate and effective, last Sunday's Council of Ministers meeting has decided to issue Physical Infrastructure Reconstruction Committee (Formation) Order, 2082.
formation order has established a 'Physical Infrastructure Reconstruction Fund' established for the reconstruction of physical structures damaged by the movement, economic revival, relief and rehabilitation.
During the movement, physical structures were arson and vandalized and a lot of damage was done. The Physical Infrastructure Reconstruction Fund has been established for the reconstruction of such physical structures, economic revival and relief. The Government of Nepal has requested the Government of Nepal, State Government and local level, private sector, domestic and foreign citizens, non-resident Nepalese community, friendly countries, development partners and international organizations to participate in the campaign of nation reconstruction.
The government has made a provision that expenses can be deducted to reduce such financial assistance amount while calculating the taxable income of the contributor for the current financial year.
An account has been opened in the National Commercial Bank in the name of Physical Infrastructure Reconstruction Fund. The account number is 1960100102070004. The government has requested everyone to deposit money in the same account.
