Kathmandu: The Physical Infrastructure Reconstruction Fund has grown further after receiving an additional Rs 10.1 million from Life Insurance Corporation (LIC) Nepal on Sunday. LIC Nepal CEO Pranaya Kumar handed over the payment voucher to Finance Minister Rameshwore Prasad Khanal.
The government created the fund to aid the rebuilding of physical infrastructure damaged during the arson and vandalism that broke out amid the Gen-Z protests on September 8 and 9.
In a similar show of support, employees of F1Soft International, eSewa, and Fonepay Payment Service Limited have jointly contributed Rs 7.5 million. F1Soft Group Chairperson Siddhantha Thakuri presented the cheque to Minister Khanal on November 19.
Finance Ministry spokesperson Tanka Prasad Pandey confirmed that the fund has accumulated Rs 93 million as of Sunday. A dedicated bank account (1960100102070004) has been set up at Rastriya Banijya Bank’s Singha Durbar branch for those wishing to donate.
The government has urged provincial and local authorities, private-sector entities, Nepali and foreign nationals, the non-resident Nepali community, friendly nations, development partners, and international organizations to contribute to the reconstruction, economic recovery, and relief efforts under the fund.
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