LIC Nepal and Companies Contribute Over Rs 17 Million to Physical Infrastructure Reconstruction Fund
The Physical Infrastructure Reconstruction Fund has received Rs 10.1 million from Life Insurance Corporation (LIC) Nepal on Sunday. The CEO of LIC Nepal, Pranaya Kumar, handed over the voucher for the contribution to Finance Minister Rameshwore Prasad Khanal.
The Fund was established by the government to reconstruct physical structures damaged during the arson and vandalism incidents that took place during the Gen-Z protests on September 8 and 9.
In addition, employees of F1 Soft International, eSewa, and Fonepay Payment Service Limited collectively contributed Rs 7.5 million. Siddhantha Thakuri, Chairman of F1 Soft Group, handed over the bank cheque to Minister Khanal on November 19.
As of Sunday, the Fund has received a total of Rs 93 million, according to Tanka Prasad Pandey, spokesperson of the Finance Ministry. A dedicated bank account (1960100102070004) has been opened at Rastriya Banijya Bank, Singha Durbar branch for managing the reconstruction fund.
The government has called upon provincial and local governments, the private sector, Nepali and foreign citizens, the non-resident Nepali community, friendly nations, development partners, and international organizations to extend their support to this campaign aimed at reconstruction, economic recovery, and relief operations.
