Saturday, October 5, 2024

Rs. 34.8 million received in PM's disaster relief fund

 Kathmandu, Oct. 4

Prime Minister's Disaster Relief Fund received about Rs. 34.8 million on Friday.

According to the Prime Minister's Office, chairpersons and Chief Executive Officers of various government and private sector financial institutions physically handed over the cheques to Prime Minister KP Sharma Oli at his office at Singha Durbar to express their institutional support.

Agriculture Development Bank Limited has donated Rs. 15 million to the fund. Similarly, Citizen Investment Trust handed over a cheque of Rs. 5.1 million, Simex Inc Pvt Ltd (BYD) Rs. 5.1 million, SBI Bank Limited Rs. 2.5 million, Life Insurance Corporation Rs. 3.1 million, Nepal Infrastructure Development Bank Rs. 2.5 million and Oriental Insurance Rs. 1.5 to the fund.

Prime Minister Oli thanked the companies that transferred money to the fund and expressed his belief that the help received would contribute to the distribution of relief to the victims of the floods, landslides and inundation.

He also said that as the crops of the farmers that were ready to harvest were also affected, detailed information about the damage is yet to come. Last Monday's meeting of the Cabinet had decided to initially deposit Rs. 1 billion in the fund. The fund continues to receive support from other organisations and individuals.

On Friday, Madhes provincial government announced to contribute Rs. 5.1 million to the PMDRF while Gandaki had announced to donate Rs. 5 million.

Earlier on Wednesday, the Karnali government decided to support Rs. 5 million to the fund. Organisations like the Non-Resident Nepali Association, and business bodies have also offered support to the fund. 

 Published in The Rising Nepal daily on 5 October 2024. 

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