Families eligible for 2nd tranche of grant to receive last installment

Kathmandu, Oct. 9: The National Reconstruction Authority (NRA) Monday announced that the quake-affected families that are eligible for the second installment of the house reconstruction grant would also receive the third tranche.

Issuing a press statement here today, it said that the households eligible for the second tranche of the grant, Rs. 150,000, will automatically get the last part of the money, Rs. 100,000, at the recommendation from their respective municipality or rural municipality office.

“But both the tranches will only be delivered in a condition that the household completes the construction of their house within five months,” said the post-quake reconstruction body.

The NRA had sent a proposal for the same to the Ministry of Finance (MoF), and the ministry accepted it.

NRA spokesperson Yam Lal Bhoosal said that following the approval of the proposal by the MoF, the grant distribution would be speeded up.

“It will expedite the private house reconstruction and support entire post-quake reconstruction process,” he said.

 With this provision, the beneficiaries can obtain both the installments after the completion of the house at the DPC level.

Of the total 765,618 beneficiaries, 609,940 households have received the first installment of the house grant while the number of second and third tranche recipient is 79,114 and 7,994 respectively.

About 50,251 houses have been built so far although the reconstruction body had claimed that about 150,000 houses would be constructed till September end.

Approximately 130,234 houses are now under construction.