The company's Chief Executive Officer, Suresh Prasad Khatri, handed over the check for the amount to Finance Minister Rameshwor Khanal.
National Life Insurance Company has contributed Rs 10 million to the Physical Infrastructure Reconstruction Fund established by the government. On Tuesday, the company's Chief Executive Officer Suresh Prasad Khatri handed over a check for the amount to Finance Minister Rameshwor Khanal.
Similarly, NLG Insurance Company has contributed Rs 2.5 million to the reconstruction fund. The company's CEO Sunil Ballabh Pant handed over the amount to Finance Minister Khanal. The Ministry of Finance has stated that Rs 75.16 million has been collected in the Physical and Reconstruction Fund with this amount.
The government has established a fund for the reconstruction of public physical infrastructure damaged during the 24 Bhadra protests. On 8 Asoj, the government had urged everyone to voluntarily contribute by opening a bank account in the name of the 'Physical Infrastructure Reconstruction Fund' at the Rastriya Banijya Bank. Both the government and private sectors have suffered huge losses during the protests. The damage has not yet been assessed.
However, officials at the Ministry of Finance have said that initial figures show that the damage is more than 100 billion in both the government and private sectors. The Federation of Nepalese Chambers of Commerce and Industry, an umbrella organization for the private sector, has claimed that more than 80 billion private property has been damaged. Meanwhile, the government has started a study to determine the details of the damage and the reconstruction cost. 45 days have been given for the work.
