INDIA COMMITS $75M AID TO NEPAL FOR RECONSTRUCTION EFFORTS IN EARTHQUAKE-HIT AREAS: EAM JAISHANKAR
The Business Guardian|January 06, 2024
On Friday, External Affairs Minister S.
INDIA COMMITS $75M AID TO NEPAL FOR RECONSTRUCTION EFFORTS IN EARTHQUAKE-HIT AREAS: EAM JAISHANKAR

Jaishankar announced that India would provide a financial package of USD 75 million for the reconstruction of infrastructure in the districts of Nepal affected by last year's earthquake.

Jaishankar's remarks came as he jointly inaugurated with his Nepalese counterpart N.P. Saud the Tribhuvan University Central Library and other reconstruction projects undertaken in Kathmandu after the 2015 earthquake in Nepal.

Jaishankar arrived in Nepal on Thursday on his first visit to a foreign country in 2024.

Speaking at the event, Jaishankar said he was happy to celebrate the inauguration of this newly constructed Central Library of the prestigious Tribhuvan University, as well as 25 schools, 32 health projects, and a cultural heritage sector project, which were undertaken as part of a collaborative effort to support the people of Nepal in the aftermath of the devastating earthquake of 2015.

Jaishankar said India was also saddened to learn of the casualties and devastation caused by the earthquake that struck the western parts of Nepal in November last year.

A 5.7-magnitude earthquake struck Jajarkot District in Nepal on November 3, 2023, killing over 150 people and injuring nearly 400. The earthquake was the deadliest to strike the country since 2015.

Prime Minister Narendra Modi had expressed solidarity with the people and leadership of Nepal and had committed to extend all possible assistance,» he said.

I also communicated yesterday (Thursday) to Prime Minister Prachanda (Pushapa Kamal) about our decision to extend the financial package of Nepalese rupees 1,000 crore, that is, USD 75 million, for the reconstruction of infrastructure in these affected districts, he said.

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